52 Locust Street
Buffalo, NY, 14204
$389,900
5 Beds
0 Baths
5,760 SqFt
0.07 Acres
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Welcome to 52 Locust St in the city of Buffalo! This beautifully updated multi-family property offers a unique investment opportunity. The main house features four spacious units, while an additional unit is situated in the back house, providing a total of five rentable spaces. With three of the five units currently tenant-occupied, this property generates immediate rental income. It’s an ideal choice for an owner-occupant looking to offset their mortgage, or for a seasoned investor seeking to expand their portfolio. This property is being sold at an 8.15% cap rate with room to increase!

Property Details

Price:
$389,900
MLS #:
B1570448
Status:
Active
Beds:
5
Baths:
0
Address:
52 Locust Street
Type:
Single Family
Subtype:
Other
Subdivision:
Fruit Belt
Neighborhood:
Buffalo City-140200
City:
Buffalo
Listed Date:
Oct 7, 2024
State:
NY
Finished Sq Ft:
5,760
Total Sq Ft:
5,760
ZIP:
14204
Lot Size:
3,000 sqft / 0.07 acres (approx)
Year Built:
1910
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Schools

School District:
Buffalo

Interior

Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Flooring
Carpet, Hardwood, Varies, Vinyl
Heating
Gas, Forced Air

Exterior

Construction Materials
Vinyl Siding
Parking Features
None, No Driveway, No Garage
Roof
Asphalt

Financial

Taxes
$2,351

Map

Community

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52 Locust Street
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