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Merrimac Portfolio 3 Properties Offered at $799,900 in Buffalo, NY
Investment Highlights
- Fully rented properties
Executive Summary
This three-property portfolio, located just minutes from the University at Buffalo, offers a fully leased, turnkey investment. The package includes three properties totaling four units, all currently rented with steady cash flow. Each property is well-maintained and situated in a strong rental neighborhood. An ideal opportunity for investors seeking a turnkey, income-generating portfolio in a rental market with consistent demand.
Property Facts
| Price | $799,900 | Number of Properties | 3 |
| Price / SF | $154.36 / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 5,182 SF |
| Sale Type | Investment | Total Land Area | 0.24 AC |
| Status | Active |
| Price | $799,900 |
| Price / SF | $154.36 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 5,182 SF |
| Total Land Area | 0.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 49 Merrimac St, Buffalo, NY 14214 | Multifamily | 2,364 SF | 1920 | - |
| 54 Merrimac St, Buffalo, NY 14214 | Specialty | 1,624 SF | 1928 | - |
| 51 Merrimac St, Buffalo, NY 14214 | Specialty | 1,194 SF | 1920 | - |
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Contacts
-
Michael J. Militello -
Jim Militello
-
Brittany Weber -
J.R. Militello Realty, Inc.
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Merrimac Portfolio
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