255 Ontario Street
255 Ontario Street
$499,000
7
3
3,598
3,598
$139
Description
In the past a few years, this 4-unit mix use property has undergone a massive remodeling worth of $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $4,400.00 monthly rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, just signed the 10-year lease with 5% rent increase option...In the past a few years, this 4-unit mix use property has undergone a massive remodeling worth of $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $4,400.00 monthly rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, just signed the 10-year lease with 5% rent increase option after 5 years lease term. The flat roof for the storefront was replaced a few years ago and the main roof is still in great condition. The upstairs features 5 bedrooms, 1 bath and downstairs 2 bedrooms 1 bath and fully occupied. Riverside Laundry is just right across the street, and Rite Aid, Dollar General, 7-11, riverfront, parks are within walking distance. Buffalo is rising and the fastest-growing city in New York. You will be making the best decision in real estate investing by adding this CASH COW property to your portfolio. The motivated seller. Make an offer.
- Listed by Khaing Naing • Park Realty of WNY LLCP: 716-332-3453 C: 716-507-7161 khaing.moenaing@gmail.com
Property Details for 255 Ontario Street
Subdivision Comm Complex
Jones
Styles Of ResidenceFourplex
On WaterfrontNo
Parking DescriptionOther, See Remarks, Twoor More Spaces
Nearest Cross StreetMayer
Location
LISTING UPDATED: 03/28/2024 08:28 AM
Property Details for 255 Ontario Street
Status | Active |
---|---|
MLS # | B1528636 |
Days on Market | 32 |
Taxes | $2,200 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential / Mixed Use |
Year Built | 1913 |
Lot Size | 0.09 AC / 3,850 SF |
County | Erie County |
Location
Building Information for 255 Ontario Street
Stories2Residences2Year Built1913Lot Size0.09 AC / 3,850 SF
Payment Calculator
$2,907 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 255 Ontario Street
Property History for 255 Ontario Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 255 Ontario Street
Taxable ValueLand$3,900Additions$109,100Total$113,000
Tax Record2023$587 ($49 / month)
Home Facts
Total Finished SqFt3,358 SqFtAbove Grade Finished SqFt3,358 SqFtUnfinished Basement SqFt240 SqFtStories2Lot Size3,850 SqFtStyleOffice BuildingYear Built1913ZoningN-3ECountyERIEAPN140200 77.57-4-37
Schools near 255 Ontario Street
This home is within Buffalo City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 4 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Grabiarz Campus School 79 PublicPK to 8 | ||
Riverside Academy High School Public9 to 12 | ||
P.S. 65 Roosevelt Academy PublicPK to 4 | ||
West Hertel Elementary School PublicPK to 8 |
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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