184 Goundry St, North Tonawanda, NY 14120

Cash Sale only! This five-unit property offers excellent income with the current tenants yet presents the potential to increase the income stream by gradually making small improvements. Current rents are $725, $725, $700 and $700 and the owner occupies one unit, which has a market value of $750. All units are one bedroom: there are two units on the first floor, two units on the second floor and one on the third floor. Most of the units have separate utilities, and all appliances (five refrigerators and five gas stoves) are included. There are five new hot water boilers and five circuit breaker panels. The rear portion of the roof is approximately 10 years old. There is plenty of off-street parking and a deep yard. This is a small, manageable building perfect for a first-time investor or a seasoned pro.