Active

1326 Lovejoy Street
Cheektowaga, NY 14212

$234,500
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Property Description

Excellent Investment Opportunity! This two-building property offers 5 total units with strong income potential. The front building features 3 units—two lower units (each 2 bedrooms) are currently rented for $900 and $700/month, while the upper unit has 3 bedrooms and 1 bathroom and requires a full rehab. The rear building includes two 1-bedroom units—the upper unit is rented for $700/month, and the lower unit is currently vacant. With some renovations, especially to the upper unit in the front building, this property has the potential to generate up to $4,500/month in rental income. Offering over 3,500 sq ft of living space on a 3,920 sq ft lot, this is a high-potential, income-generating asset perfect for investors looking to expand their portfolio. Don’t miss this opportunity!

Details

Utilities: Sewer Connected, Water Connected
Appliances: Gas Water Heater
Flooring: Hardwood, Varies, Vinyl
Basement: Full
Heating: Other, See Remarks, Forced Air
Exterior Features: Concrete Driveway
Construction Materials: Frame
Lot Dimensions: 30 X133
Lot Size: 0.09
Roof: Asphalt
Sewer: Connected
Water: Connected, Public
Parking: None, No Garage