Prime 11-unit Investment on Broadway! Three adjacent properties in a sought-after location provide an unmatched opportunity for investors. The portfolio includes 10 apartments (2 one bedroom, 6 two bedroom, 2 three bedroom) and a remodeled storefront with a partially finished basement - an excellent setup for businesses. Impressively, all properties boast a 100% occupancy rate. 4922 BROADWAY is a 3/2 Double; 4928 BROADWAY houses the storefront and 3 apartments under a 4-year-old roof, with a rear building holding 3 apartments beneath a 1-year-old roof, and a 2-car garage; 4940 BROADWAY is a 3/2 Double, with its lower unit recently fully renovated. Brand new improvements include a complete boiler system in 4928 Rear (apt 3-5), as well as flooring, updates and rent increases in 3 units. Additionally there are 42 spot communal parking spaces spanning the shared lot. Most tenants pay separate utilities. This unique investment promises immediate income of $10,680/m (gross) and potential long-term appreciation. Tax and square footage amounts are combined. Individual amounts are as follows: 4922: Taxes $3420, 1750 sqft. 4928: Taxes $11364, 7222 sqft. 4940: Taxes $5155, 2077 Sqft.
B1528504
Single Family, 2 Story
10
Erie
1900
0.97
Acres
Connected,Public
2
Brick,Vinyl siding
Connected
11,049
Sq. Ft.
School Information
Depew
Detailed Room Information
- Laundry
- Washer Hookup
Interior Features
- Appliances
- Gas Water Heater
- Flooring
- Tile, Laminate, Carpet, Varies
- Cooling
- Central Air
- Heating
- Gas Heat. Radiant, Forced Air.
- Basement
- Partial,Sump Pump
- Fireplaces
- 1.
- Additional Interior Features
- Ceiling Fan(s),Other,See Remarks,Storage
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces. Three or more Spaces,No Garage.
- Exterior
- Brick, Vinyl
- Roof
- Asphalt, Shingle
- Lot Dimensions
- 220x217
- Structural Condition
- Resale
- Additional Exterior/Lot Features
- Blacktop Driveway. Near Public Transit.
Financial Considerations
145201-104-700-0003-013-000
$19,938
Cash, Owner Will Carry
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