58 Viola Drive, Cheektowaga, NY 14227

Property Description

Excellent opportunity for investors or owner-occupants! This two-unit duplex offers strong income potential, separate utilities, ample parking, a fully fenced backyard, and a convenient location. Unit A is occupied by a long-term tenant currently on a month-to-month tenancy at $1,300/month. Unit B was previously owner-occupied and has been extensively updated with newer Kitchen & appliances, bathrooms, windows, doors, lighting, and plumbing fixtures. Estimated rental potential for Unit B is $1,450+/month. Major improvements include a complete tear-off roof and new gutters (2024), glass block basement windows, a new hot water tank, updated shut-off valves, and select mechanical updates. Both units feature their own dry basements with sump pumps, providing valuable storage and utility space. Each unit also has its own outdoor storage shed, and Unit B includes a washer and dryer. With separate utilities, an established tenant, and additional rental potential, this property offers flexibility for an owner-occupant looking to offset housing expenses or an investor seeking an income-producing property. Live in one and rent the other, or rent both for a projected gross rental income of $2,750+/month ($33,000+ annually)! An opportunity to generate income while building equity! Seller reserves the right to set a contract submission date.