Investment Opportunity! A well-maintained multifamily property in the heart of Buffalo, offering 10 income-generating units, including a mix of one-bedroom, two-bedroom, three-bedroom, and studio apartments. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors. Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $950 per month, bringing in a solid monthly gross income of $8,400 and an annual gross potential of $100,800. Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round. Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns.
Listing courtesy of Red Hawk Real Estate. Contact: