4 Saint Johns Place, Buffalo, NY 14201 | MLS #B1677647 | HUNT Real Estate
 
  • 53 days on site
  • 65 views

Exceptional 5 unit opportunity on the desirable street of Saint Johns Place in the heart of Allentown! This well-maintained 5-unit property consists of one studio, three one bedroom apartments and a two bedroom owners unit on the top floor, offering a strong and flexible unit mix. Boasting an 1870 built date, the property still maintains many charming characteristics- a colorful and vibrant exterior, stained glass and natural woodwork, and high ceilings inside. Inside each unit, many updates have been done including newer kitchen cabinets, appliances-including dishwashers, updated bathrooms, and updated flooring. This property is investor ready showing a solid cap rate or the perfect place to have your tenants pay your mortgage while you occupy the top floor as an owner's suite. The two garage offers a rare and valuable amenity in this area—providing added convenience and rental appeal. Whether you’re looking to expand your portfolio or owner-occupy while generating income, this property presents a compelling opportunity with upside potential through rent growth and value-add improvements. All in one of Buffalo’s most vibrant and desirable neighborhoods!

Source: New York Alliance, MLS#: B1677647

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  • Property Type
    Residential Income
  • Lot
    0.10 acres

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Yun Coughlin
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  • Median Age
    33
  • Population Density
    10,307
  • College Educated
    43%
  • Estimated Median Income
    $29,814
  • Estimated Total Home Owners
    1,304
  • Estimated Total Renters
    4,110
  • Owner / Renter Divide
    24% / 76%
  • Estimated Average Household Size
    2
  • Total Population
    11,192
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.