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MULTI_FAMILY - Other - Buffalo, NY
Excellent income-producing opportunity at 75 Mills Street! This well-maintained three-unit multifamily offers strong cash flow, low operating expenses, and immediate upside for investors or owner-occupants. The property features three separate apartments, each with one or two bedrooms, functional layouts, and in-unit washer and dryer hookups. Major capital improvements have already been addressed, including a newer architectural shingle roof, a mix of vinyl replacement windows, and vinyl and aluminum siding for low exterior maintenance. Kitchens have been updated within the past 10-15 years, with the rear unit featuring new carpeting, and bathroom vanities replaced in recent years. Water heaters have been updated, further enhancing long-term reliability. One unit is currently occupied by a long-term tenant paying $750/month, while the two remaining units are vacant, offering immediate op...
Excellent income-producing opportunity at 75 Mills Street! This well-maintained three-unit multifamily offers strong cash flow, low operating expenses, and immediate upside for investors or owner-occupants. The property features three separate apartments, each with one or two bedrooms, functional layouts, and in-unit washer and dryer hookups. Major capital improvements have already been addressed, including a newer architectural shingle roof, a mix of vinyl replacement windows, and vinyl and aluminum siding for low exterior maintenance. Kitchens have been updated within the past 10-15 years, with the rear unit featuring new carpeting, and bathroom vanities replaced in recent years. Water heaters have been updated, further enhancing long-term reliability. One unit is currently occupied by a long-term tenant paying $750/month, while the two remaining units are vacant, offering immediate opportunity for market-rate rent placement (estimated at $825/month per unit). With property taxes around $1,000 annually, this building delivers exceptional efficiency and return potential. Additional features include rear storage space, a fully fenced yard, and a manageable layout ideal for self-management or portfolio expansion. Whether you're looking to house-hack or add a solid performer to your investment lineup 75 Mills Street is a rare find at an attractive price point!
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