Presenting a lucrative investment opportunity in a highly sought-after area of Amherst, close to the University at Buffalo South Campus. This single-family house is currently set up as student accommodation, featuring five bedrooms and two full bathrooms, making it an ideal choice for investors looking to tap into the student rental market. The property boasts a spacious layout conducive to shared living, with large communal areas that ensure comfort for all occupants. Currently, the property has the potential to generate close to $3,000 per month in rental income, ensuring a robust return on investment from day one. The constant demand from students guarantees high occupancy rates, making this a worry-free investment. For those looking to enter the investment market, this property offers a fantastic opportunity with great positive cash flow. It is not just a house, but a steady income stream and a foothold in the thriving rental market near a major university. Dont miss out on this exceptional opportunity to own a prime piece of real estate with significant income potential in Amherst.
B1533074
Single Family, 2 Story
5
Erie
2 Full
1948
0.1636
Acres
Connected,Public
2
Brick,Frame,Vinyl siding
Connected
1,504
Sq. Ft.
6
School Information
Amherst
Bathrooms
2
Total:2
Detailed Room Information
- Laundry
- In Basement
Interior Features
- Appliances
- Gas Cooktop,Gas Water Heater,Microwave,Refrigerator,Washer
- Flooring
- Hardwood, Laminate, Varies
- Heating
- Gas Heat. Forced Air.
- Basement
- Full
- Additional Interior Features
- Living/Dining Room,Bedroom on Main Level
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces. No Garage.
- Exterior
- Brick, Vinyl, Frame
- Roof
- Asphalt
- Lot Dimensions
- 50x142
- Structural Condition
- Resale
- Additional Exterior/Lot Features
- Concrete Driveway. Residential Lot.
Financial Considerations
142289-067-650-0003-020-000
$4,977
Cash, Conventional, FHA, VA Loan
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