9439 Ridge Rd

Baths
4,076 Sq. Ft.
$34 / Sq. Ft.
4,076
Sq. Ft.
$34
per Sq. Ft.

Description

This is a money maker with an excellent income stream. The cap rate is 14%, monthly income is $3500, annual income $42,000. Income & expenses available for review. Low maintenance, month-to-month tenants who pay their own gas and electric. Partial new roof, new gas, new electric meters. Sale includes 8 units in three buildings: 2 units in a one story building (built 1950), a 4 unit in a one story building (built 1950), and a two story house with 2 units (built 1850). The one story buildings are also...This is a money maker with an excellent income stream. The cap rate is 14%, monthly income is $3500, annual income $42,000. Income & expenses available for review. Low maintenance, month-to-month tenants who pay their own gas and electric. Partial new roof, new gas, new electric meters. Sale includes 8 units in three buildings: 2 units in a one story building (built 1950), a 4 unit in a one story building (built 1950), and a two story house with 2 units (built 1850). The one story buildings are also referred to as 9441 Ridge Rd. Located right on Route 104 (Ridge Rd) near Middleport village. This is affordable Housing for local community which is in high demand.
  1. Listed by Melissa M. Doerr • Howard Hanna
    P: (716)-837-7500 C: (716)-472-3533 MelissaDoerr@howardhanna.com

Property Details for 9439 Ridge Road

On Waterfront
No
Parking Description
Three Or More Spaces, Driveway, Garage, Shared Driveway
Nearest Cross Street
Drum
LISTING CLOSED: 01/27/2020 12:00 AM

Property Details for 9439 Ridge Road

StatusClosed
MLS #B1216559
Days on Market35
Taxes$5,346 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Other
Year Built1850
Lot Size1.80 AC / 78,408 SF
CountyNiagara County

Location

Listing Courtesy of Howard Hanna

Sold By Keller Williams Realty GR West

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Building Information for 9439 Ridge Road

Stories1Residences8Year Built1850Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

$1,155 per month

30 year fixed, 6.55% Interest

Principal and Interest

$709

Property Taxes

$446

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 9439 Ridge Road

Summary
Location and General Information
  • Accessibility: Accessible Entrance
  • Elementary School District: Royalton-Hartland
  • High School District: Royalton-Hartland
  • Middle Or Junior School District: Royalton-Hartland
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: 1.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Hartland-292289
  • Tax Annual Amount: $5,346.00
Property
Lot Information
  • Building Area Total: 4076.0
  • Land Features: Rectangular, Rectangular Lot
  • Num Of Acres: 1.8
  • Lot Size Area: 1.8
  • Lot Size Square Feet: 78408.0
  • Lot Size Units: Acres
  • Parcel Number: 292289-057-000-0002-060-000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 60
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $137,400
  • Year Built: 1850
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Electric Service: Circuit Breakers, Fuses
  • Sewer Description: Septic Tank
  • Utilities Available: Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: None
  • Construction Materials: Aluminum Siding, Composite Siding, Steel Siding, Vinyl Siding, Wood Siding, Copper Plumbing
  • Exterior Features: Gravel Driveway
  • Foundation Description: Slab
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement Description: Partial
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 1
  • Fireplace YN: Yes
  • Floor Description: Carpet, Ceramic Tile, Laminate, Linoleum, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 4076.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$5,346.00
  • Number Of Units Total: 8
  • Operating Expense Includes: Other, See Remarks
  • Stories Total: 1
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection

Property History for 9439 Ridge Road

DateEvent & SourcePriceAppreciation
Jan 27, 2020

Sold

New York State Alliance of MLSs (Buffalo) #B1216559

$139,495
Jan 27, 2020

Sold

WNYREIS #B1216559

$139,495
Jan 23, 2020

Sold (Public Record)

Public Record #661984525

$139,500

+1.1% / yr

DateEvent & SourcePrice
01/27/2020

Sold

New York State Alliance of MLSs (Buffalo) #B1216559

$139,495
01/27/2020

Sold

WNYREIS #B1216559

$139,495
01/23/2020

Sold (Public Record)

Public Record #661984525

$139,500

+1.1% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 9439 Ridge Road

Taxable ValueLand$22,400Additions$186,300Total$208,700
Home Facts
Baths3Total Finished SqFt1,824 SqFtAbove Grade Finished SqFt1,824 SqFtStories1Lot Size78,408 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningRES/AGCountyNIAGARAAPN292289 57.00-2-60Fireplace TypeHas Fireplace

Schools near 9439 Ridge Road

This home is within Royalton-Hartland Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Royalton-Hartland Elementary School
PublicPK to 4

Royalton Hartland Middle School
Public5 to 8

Royalton Hartland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Howard Hanna

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.