This well-maintained, 2.5-story brick apartment building offers a fantastic investment opportunity with strong potential for value-add improvements. Located on Sheridan Drive, a major commercial corridor connecting the suburbs of Tonawanda and Amherst, the property features a desirable mix of 11 two-bedroom and 4 one-bedroom apartments, each with spacious layouts and eat-in kitchens.Key Property Highlights:One and two-bedroom apartments with room for upgrades and increased rental income.Building Improvements: Recent updates include newer roofs and windows.Prime Location: Positioned along a high-traffic commercial route with easy access to shopping, dining, and major highways.Strong Upside Potential: Significant opportunity for upgrades to interiors, including kitchen and bathroom enhancements, that can lead to higher rents and increased property value.Low Maintenance: Solid 1966 construction with low-rise apartment style (3 stories total), making for minimal upkeep.No. Units: 15 total (11 two-bedroom, 4 one-bedroom)Unit Features:Air ConditioningBalconies in select unitsDishwashersRefrigerators and OvensHeating and Carpeted FloorsSpacious Family Rooms and Freezer OptionsBathtub/Shower CombosSite Amenities:24-Hour AccessControlled Access for added securityDon’t miss out on this opportunity to acquire a well-located multifamily asset with substantial upside potential.
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Propriété ID: 110096549519