433 Linwood Ave, Buffalo, NY 14209

All brick 8 unit built in 1991 is situated on a private lot and set back from the road. Situated amongst beautiful single family homes. There are 4 buildings total and the units are uppers/lowers. (4) 2 bedroom units and (4) 1 bedroom units. (7) garages and all units have laundry rooms. This property has a town home feel. The apartments are approx. 1,000 sq ft each and rents could be much higher. The current CAP rate is 5.3% with one vacant unit and the others with low rents. Current rent roll is $8,375 with 7 of the 8 apartments. Rents are 950, 1125, 1350, 0, 1250, 1550, 1000, and 1150. There is opportunity to easily push the CAP rate to 9-11%.