1805 Hertel Avenue, Buffalo, NY 14216

Property Description

Rare investment on Hertel Avenue, one of North Buffalo's busiest walkable corridors of restaurants, coffee shops and retail. Two occupied street-front storefronts (salon and tattoo studio) bring in $2,350/month, with two vacant three-bedroom apartments behind them, rent ready, so the next owner sets rents on new leases from day one. Lease both at $1,500 and gross rent reaches about $64,200/year. Owner-users can live and work in the same building. The upper apartment has hardwood floors, a brick fireplace and a separate dining room. Separate gas and electric meters, tenants pay their own. Forced-air gas heat, full basement and off-street parking on a 50 x 129 lot, 5,110 sq ft per public record. This is the mixed-use opportunity you've been waiting for.