Neighborhood: Plymouth Land Co, Cheektowaga-143089
State: New York
Extremely rare three (3) unit in Multi Family Property in Cheektowaga. This is “The Diamond'' addition to any portfolio. Property is rented and tenants would like to stay. Total Rents are $2,500 per month, $30,000 per year. Tenants divide up and pay the water bill. The sum of $30,000 per year equates to almost 18% Gross Rental Return, which you would be far challenged to find another like this! Each apartment has its own entrance. One bathroom per unit. This Triplex consists of two 2 bedroom units and a 3 bedroom upper. Larger upstairs unit has two wall heaters, its own washer and dryer & hot water tank. Two hot water tanks in the basement are newer and two furnaces that serve the lower apartments are recently serviced.
All appliances stay with the property which make this a “turn-key” opportunity. Seller will do no repairs and sold “as-is”. The driveway is large enough for multiple cars to park off the street. The large three plus (3+) car garage will serve as a great income addition or storage feature. There is a separate gated grassy backyard area. Don’t miss this opportunity!