Skip To Content

1064 Harlem Road

Cheektowaga, NY 14227
  • $225,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: B1380032
UPDATED: 37 min ago
$225,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,080
    SQFT
  • $55
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

School District:

Description

Immediate Income Opportunity with $33,360.00 in actual gross income, 8.12% cap rate. This highly visible mixed use property includes (2) 2bdrm apartments and (1) retail shop, 100% tenant occupied, with all tenants up to date on current rent obligations. 18 year long retail tenant currently on a month/month rental agreement, and both residential units are tenant occupied (one month/month and one leased through 6/1/2022). In addition the one car attached garage is currently rented at $185.00/month. This building features 12 off street parking spots, 2 year old flat roof over retail office, 10 year old flat roof above the garage, and asphalt shingle roof on the building is 5 years old (tear off). All tenants are responsible for their own electric and gas utilities and the retail unit has an air conditioning unit. Property taxes: $6,703.25, water utility: $263.71 (last 4 bills). Property can be purchased at a discount if purchased with 1060 Harlem (MLS #B1380114)

Monthly Payment Calculator

©2022 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor 716 Realty Group shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than 716 Realty Group are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-01-16T19:13:49.993.
www.716realtygroup.com/homes/123628371
Print Image

1064 Harlem Road Cheektowaga, NY 14227

  • Price: $225,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 37 min ago
  • MLS #: B1380032
0
Beds
0
Baths
0
½ Baths
0.24
Acres
4,080
SQFT
$55
$/SQFT
1960
Built
Neighborhood:
Cheektowaga-143089
County:
Erie
Area:
Cheektowaga-143089
School District:
Cheektowaga-Sloan
Property Description
Immediate Income Opportunity with $33,360.00 in actual gross income, 8.12% cap rate. This highly visible mixed use property includes (2) 2bdrm apartments and (1) retail shop, 100% tenant occupied, with all tenants up to date on current rent obligations. 18 year long retail tenant currently on a month/month rental agreement, and both residential units are tenant occupied (one month/month and one leased through 6/1/2022). In addition the one car attached garage is currently rented at $185.00/month. This building features 12 off street parking spots, 2 year old flat roof over retail office, 10 year old flat roof above the garage, and asphalt shingle roof on the building is 5 years old (tear off). All tenants are responsible for their own electric and gas utilities and the retail unit has an air conditioning unit. Property taxes: $6,703.25, water utility: $263.71 (last 4 bills). Property can be purchased at a discount if purchased with 1060 Harlem (MLS #B1380114)
Exterior Features

Construction Materials Wood Siding Parking Features On SiteParking Lot Parking Total 12 Roof AsphaltFlat Waterfront YN No

Interior Features

Basement None Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring CarpetLinoleumVinyl Heating GasForced AirHot Water Heating YN Yes Levels Two

Property Features

Accessibility Features Accessible Approach With RampAccessible Entrance Documents Available Survey Inclusions Land And Building Lease Considered YN No Listing Terms CashConventional Possession Close Of Escrow Possible Use ResidentialRetail Property Sub Type Business Special Listing Conditions Standard Tax Annual Amount 6706 Zoning 05 Zoning Description Commercial

Listing information © 2022 CNYIS, GENRIS, WNYREIS. Listing courtesy of Erik Arneth of Keller Williams Realty Wny.
©2022 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor 716 Realty Group shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than 716 Realty Group are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-01-16T19:13:49.993.
 
https://bt-photos.global.ssl.fastly.net/rochester/orig_boomver_1_B1380032-2.jpg https://bt-photos.global.ssl.fastly.net/rochester/orig_boomver_1_B1380032-2.jpg https://bt-photos.global.ssl.fastly.net/rochester/orig_boomver_1_B1380032-2.jpg
Logo
716 Realty Group
1 Seneca Street #2979
Buffalo NY, 14203