8344 Erie Road
8344 Erie Road
S - Closed / Rented 1/5/23
S - Closed / Rented 1/5/23
Description
Apt 2 (3 Beds) $470/month New furnace 2014, HWT 2021
Apt 3 (2 Beds) $350/month New furnace 2020, HWT 2018, Updated kitchen 2020
Apt 4...Calling investors. Great opportunity high visibility intersection. 5 units total, looking for your touch to update, raise rents and complete the BRRR! All 5 apartments are rented month to month with paying tenants. Busy corner, newer roofs 3 years and 8 years. First floor of front building can be returned to commercial storefront if desired. Apt 1 (2 Beds) $315/month
Apt 2 (3 Beds) $470/month New furnace 2014, HWT 2021
Apt 3 (2 Beds) $350/month New furnace 2020, HWT 2018, Updated kitchen 2020
Apt 4 (2 Beds) $350/month New boiler 2019, HWT 2020, Updated bath 2019
Apt 5 (1 Bed ) $375/month HWT 2019, Remodel 2022
Tenants are all paying and up to date. Month to month leases. Sign on building brings in another $190/year.
- Listed by Kevin McMullen • Towne Housing Real Estate
Property Details for 8344 Erie Road
Location
Sold By RE/MAX Precision
Property Details for 8344 Erie Road
| Status | S - Closed / Rented |
|---|---|
| MLS # | B1374076 |
| Days on Market | 162 |
| Taxes | $6,046 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | 5 + Unit Apartments / Commercial Included |
| Year Built | 1925 |
| Lot Size | 0.36 AC / 15,638 SF |
| County | Erie County |
Location
Sold By RE/MAX Precision
Building Information for 8344 Erie Road
Payment Calculator
$1,282 per month
30 year fixed, 7.25% Interest
$778
$504
$0
Property Information for 8344 Erie Road
- School District Name: Lake Shore (Evans-Brant)
- Village: Not Applicable
- Owner 1 First Name: Randy
- Owner 1 Last Name: Grupp
- Owner City State: Angola, NY
- Owner Street Num Street Name: 8109 Dennis Rd
- Owner Zip Code: 14006
- Garage Spaces per Apt: No Garage Spaces
- Parking Spaces per Apt: 2 Spaces
- Area NYSWIS Code: Evans-144489
- Parcel Number: 144489-220-190-0005-015-210
- Num Of Acres: 0
- Age Of Building: 98
- Lot Number: 15
- Lot Information: Corner Lot
- Annual Special Assessment: $0
- Assessed Value: $91,000
- Year Built Description: Existing
- Amenities Included: No Amenities
- Floor Description: Hardwood-Some, Laminate-Some, Tile-Some, Vinyl-Some
- Second Mortgage Home Equity Bala: $0
- Num Of Electric Meters: 5
- Num Of Gas Meters: 5
- Separate Utilities: Electricity, Gas
- Sewer Description: Sewer Connected
- Water Heater Fuel: Gas
- Water Resources: Public Connected
- Driveway Description: Stone/Gravel
- Exterior Construction: Brick and Frame, Wood
- Roof Description: Asphalt, Rubber Membrane
- Num Bedrooms 4 Th Floor: 0
- Num Fireplaces Artificial: 0
- Num Fireplaces Freestanding: 0
- Num Fireplaces Gas: 0
- Num Fireplaces Not Repto Code: 0
- Num Fireplaces Other: 0
- Num Fireplaces Pellet: 0
- Num Fireplaces Total Calculated: 0
- Num Fireplaces Woodburning: 0
- Num Fireplaces Woodstoves: 0
- Num Full Baths 4 Th Floor: 0
- Num Half Baths 4 Th Floor: 0
- Sq Ft Total: 6004
- Basement Description: Full
- Heating Fuel Description: Gas
- HVAC Type: Baseboard, Radiant, Wall Furnace
- Kitchen Equip Appl Included: None
- Special Conditions Call L Brk: No
- Third Party Commentary Blog: Yes
- Annual Operating Expenses: $8,500
- Gross Annual Income: $22,320
- Net Operating Income: $7,774
- Num Of Heating Units: 5
- Income Expense Information: Estimated, Provided By Owner
- Operating Expenses Include: Insurance, Water / Sewer
- Num Of 1 Bedroom Apartment: 1
- Num Of 2 Bedroom Apartment: 2
- Num Of 3 Bedroom Apartment: 2
- Num Of Studio Apartments: 0
- Total Num Of Apartments: 5
- Rent Includes: Grounds Maintenance, Refuse Removal, Water
Property History for 8344 Erie Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8344 Erie Road
Schools near 8344 Erie Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
John T Waugh Elementary School PublicK to 5 | ||
Lake Shore Middle School Public6 to 8 | ||
Lake Shore Senior High School Public9 to 12 | ||
A J Schmidt Elementary School PublicK to 5 |
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 Towne Housing Real Estate
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