58 Gresham Drive
58 Gresham Drive
$239,900
5
2
1,504
1,504
$160
Description
Presenting a lucrative investment opportunity in a highly sought-after area of Amherst, close to the University at Buffalo South Campus. This single-family house is currently set up as student accommodation, featuring five bedrooms and two full bathrooms, making it an ideal choice for investors looking to tap into the student rental market. The property boasts a spacious layout conducive to shared living, with large communal areas that ensure comfort for all occupants. Currently, the property has...Presenting a lucrative investment opportunity in a highly sought-after area of Amherst, close to the University at Buffalo South Campus. This single-family house is currently set up as student accommodation, featuring five bedrooms and two full bathrooms, making it an ideal choice for investors looking to tap into the student rental market. The property boasts a spacious layout conducive to shared living, with large communal areas that ensure comfort for all occupants. Currently, the property has the potential to generate close to $3,000 per month in rental income, ensuring a robust return on investment from day one. The constant demand from students guarantees high occupancy rates, making this a worry-free investment. For those looking to enter the investment market, this property offers a fantastic opportunity with great positive cash flow. It is not just a house, but a steady income stream and a foothold in the thriving rental market near a major university. Don’t miss out on this exceptional opportunity to own a prime piece of real estate with significant income potential in Amherst.
- Listed by Thejan Kodituwakku • Keller Williams Realty WNYP: 716-832-3300 C: 716-292-8756 tkodituwakku@kw.com
Property Details for 58 Gresham Drive
Styles Of Residence
Two Story
On WaterfrontNo
Parking DescriptionNo Garage
Nearest Cross StreetMaynard Dr
Location
LISTING UPDATED: 04/29/2024 10:25 AM
Property Details for 58 Gresham Drive
Status | Active |
---|---|
MLS # | B1533074 |
Days on Market | 14 |
Taxes | $4,977 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1948 |
Lot Size | 0.16 AC / 7,125 SF |
County | Erie County |
Location
Building Information for 58 Gresham Drive
Stories2Year Built1948Building Size-Lot Size0.16 AC / 7,125 SF
Payment Calculator
$1,724 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 58 Gresham Drive
Property History for 58 Gresham Drive
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 58 Gresham Drive
Taxable ValueLand$26,000Additions$94,000Total$120,000
Tax Record2019$4,300 ($358 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,504 SqFtAbove Grade Finished SqFt1,504 SqFtStories2Lot Size7,150 SqFtStyleSingle Family ResidenceYear Built1948CountyERIEAPN142289 67.65-3-20
Schools near 58 Gresham Drive
This home is within Amherst Central School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Windermere Blvd School PublicPK to 5 | ||
Amherst Middle School Public6 to 8 | ||
Amherst Central High School Public9 to 12 | ||
Buffalo Academy Of The Sacred Heart Private9 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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