1253 Broadway Street
Buffalo, NY 14212
MLS #B1032846

Apartment Building
    A-Active $139,900
    Est. P&I payment: $534.32/mo
    1253 Broadway Street, Buffalo, NY 14212
    • 1253 Broadway Street, Buffalo, NY 14212 Photo 1
    • 1253 Broadway Street, Buffalo, NY 14212 Photo 2
    • 1253 Broadway Street, Buffalo, NY 14212 Photo 3
    • 1253 Broadway Street, Buffalo, NY 14212 Photo 4
    Description for 1253 Broadway Street, Buffalo, NY 14212
    A true 25% capitalization rate at 67% occupancy on this 17 room rooming house with approximately 1,800 square feet of first floor commercial space that used to be occupied as a successful bar. The property is located 0.6 miles to Buffalos' Central Terminal and less than 3 miles to City Hall. The rooming house license is active and the building has no current code violations. At full occupancy this property can bring in over $7,000 a month. The building has long term management
    MLS #B1032846
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    My Notes for MLS #B1032846

    General Features

    • Listing Type: Exclusive Right To Sell
    • Property Type: 5 + Unit Apartments
    • Status: A-Active
    • Total Num of Apartments: 17
    • Type of Sale: Normal
    • Year Built: 1900
    • Year Built Description: Existing
    • Num of Studio Apartments: 17

    Exterior Features

    • Driveway Description: Blacktop
    • Exterior Construction: Vinyl
    • Garage Spacesper Apt: No Garage Spaces
    • Lot Dimensions Depth: 100
    • Lot Dimensions Frontage: 36
    • Lot Information: Corner Lot,​Near Bus Line
    • Num of Acres: 0.0826
    • Parking Spacesper Apt: 2 Spaces
    • Roof Description: Asphalt,​Flat,​Rubber Membrane

    Interior Features

    • Basement Description: Full
    • Floor Description: Laminate-Some
    • Kitchen Equip Appl Included: None
    • Num of Stories: 3
    • Sq Ft Total: 6,440

    Utility Features

    • Heating Fuel Description: Gas
    • HVAC Type: Steam
    • Num of Electric Meters: 1
    • Num of Heating Units: 1
    • Sewer Description: Sewer Connected
    • Water Heater Fuel: Gas
    • Water Resources: Public Connected

    Financial Features

    • City Village Tax: 626
    • Gross Annual Income: 48,600
    • Incomeexpense Information: Provided By Owner
    • Operating Expenses Include: Electric,​Gas/Oil,​Insurance,​Management,​Utilities,​Water / Sewer
    • Rent Includes: All Utilities
    • Total Taxes: 852
    • Town County Tax: 226

    Community Features

    • Amenities Included: Other - See Remarks
    • City Neighborhood: Downtown
    • County Or Parish: Erie
    • Nearest Cross Street: Memorial Drive
    • Village: Not Applicable

    School Features

    • School District Name: Buffalo


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    Directions to 1253 Broadway Street, Buffalo, NY 14212
    On the corner of Broadway Street and Young Street, one block past where Broadway and Memorial intersect.
    The listing information for 1253 Broadway Street, Buffalo, NY 14212 was graciously provided by our friends at the listing brokerage, Keller Williams Realty Buffalo Northtowns

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    ($ or %)
    P&I Payment $534.32
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    Last Updated 08/23/2017 at 1:46am
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