BUFFALO,N.Y 11 RENTAL UNITS 4 BUILDINGS PLUS GARAGE RENTAL INCOME PROPERTY 11 UNIT OVER $50,000.00 ANNUAL Start Price - Current Price - Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Friday, September 12, 2008 End Time Sunday, October 12, 2008 Location BUFFALO,N.Y See more about 'BUFFALO,N.Y 11 RENTAL UNITS 4 BUILDINGS PLUS GARAGE ' Description SOUTH PARK  AVENUE  CORNER OF DALLAS RD. FULLY RENTED RESIDENTIAL AND COMMERCIAL SPACE. ONE 4 BED ROOM LOWER APARTMENT WITH A THREE BED ROOM LOWER APARTMENT $960.00 PER MONTH. LESS $150 TO TENANT WHO MAINTAINS ALL LAWNS AND GROUNDS ON 11 UNITS. THE STRUCTURE IS A DUTCH COLONIAL WITH ALL LOW E VINYL WINDOWS AND INSULATED STEEL ENTRY DOORS. THE HOUSE HAS A NEW ROOF 2007. THE ELECTRICAL SERVICE IS CURCUIT BREAKERS. THE MECHINICALS ARE UPDATED IN GOOD CONDITION. THER IS A FULL BASEMENT WITH HOOK UPS FOR WASHER AND DRYERS.SEPARATE UTILITIES. 2331 SOUTH PARK AVE.  ONE THREE BED ROOM UPPER AND THREE BEDROOM LOWER APARTMENT . THIS HOUSE WAS COMPLETELY RESESIGNED AND REBUILT IN 1982. IT HAS DOUBLE WALL VINLY SIDING, 97 % EFFICIENT FURNACES ALL COPPER WATER LINES, ALL PVC DRAINS, CIRCUIT BREAKER ELECTRIC SERVICE.THE HOUSE HAS UTILITY ROOMS ON THE FIRST AND SECOND FLOOR,IT HAS A NEW BASEMENT. THE BEDROOMS ARE SMALL AND I RENT THEM OUT TO EITHER SINGLE OCCUPANTS OR COUPLES. THE PRESENTLY BRING $925.00 PER MONTH. THE UTILITIES ARE SEPARATELY METERED. 2329 SOUTH PARK AVE. ONE 2 BED ROOM UPPER AND 2 BED ROOM LOWER APARTMENT.THIS BUILDING GENERATES $775.00 PER MONTH AT THE PRESENT TIME. THE LOWER APARTMENT IS OCCUPIED BY AN ELDERLY WOMAN WHO HAS BEEN THERE FOR 15 YEARS AND I ONLY CHARGE HER $350.00 PER MONTH. THE HOUSE HAS MANY UPDATED MACHANICALS. THE ELECTRIC SERVICE IS CIRCUIT BREAKERS . MOST OF THE WINDOWS ARE VINYL REPLACEMENT. HALL HAVE LAMINATE FLOORING, AS WELL AS UPPER KITCHEN. FURNACES ARE OLD BUT ARE IN GOOD WORKING CONDITION, VALVES AND BLOWERS HAVE BEEN REPLACED. THERE IS VINYL SIDING ON REAR AND DRIVEWAY SIDE OF THE HOUSE. THERE IA A FULL BASEMENT WITH WASHER AND DRYER HOOK UPS .2328 SOUTH PARK AVE. OPPOSITE SIDE OF SOUTH PARK FROM OTHER THREE PROPERTIES . I AM WILLING TO SELL THIS PROPERTY SEPARATELY. ONE FIVE UNIT APARTMENT BUILDING. BRICK AND VINYL SIDING. THIS IS A ROW DWELLING. THERE ARE TWO 2 BEDROOM APARTMENTS; TWO ONE BEDROOM APARTMENTS; AND COMMERCIAL SPACE USED AS A BEAUTY SALON .ALL OF THE WINDOWS ARE VINYL REPLACEMENT ENERGY EFFICIENT. ALL FURNACES ARE MODERN IN GOOD CONDITION. ALL WATERTANKS ARE LESS THAN 3 YEARS OLD. THE HOT AND COLD WATER LINES ARE ALL COPPER. THE DRAINS ARE ALL PVC. THE ROOF IS A 1/12 PITCH MODIFIED RUBBER IN GREAT SHAPE. THE BUILDING IS FULLY INSULATED. THE MONTHLY REVENUE IS $2,165.00. UTILITIES ARE SEPARATELY METERED. ELECTRICAL SERVICE  IS CIRCUIT BREAKERS. THE WATER SERVICE TO EACH BUILDING IS SEPARATELY METERED. THE LINE FROM THE STREET TO EACH BUILDING HAS BEEN REPLACED OVER THE LAST 20 YEARS. I PAY THE WATER AND SANITATION CHARGES FOR ALL PROPERTIES. THERE IS A TWO CAR GARAGE LOCATED AT THE REAR OF THE 5 UNIT APARTMENT BUILDING. THE GARAGE IS ABOUT TWENTY YEARS OLD. IT WAS RE SIDED ANS RE ROOFED 2 YEARS AGO. I HAVE A 6" CONCRETE PAD  IN THIS GARAGE. I DO NOT RENT IT AS I USE IT FOR STORAGE.IT WOULD EASILY GENERATE $150.00 PER MONTH TOTAL MONTHLY INCOM,E INC. GAR.                                           $ 4975.00                                                                                                                                                                       LESS  MONTHLY EXPENSES   TAXES,WATER,SEWER,FEES /MONTH                                            $860.00 GROSS MONTHLY OPERATING INCOME                                     $4,115.00 Place a Bid!