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4928 Broadway

Lancaster, NY 14043
  • $1,100,000
  • STATUS: Active
  • ON SITE: 146 Days
  • MLS #: B1501118
UPDATED: 49 min ago
$1,100,000
  • 10
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,049
    SQFT
  • $100
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

Prime 11-unit Investment on Broadway! Three adjacent properties in a sought-after location provide an unmatched opportunity for investors. The portfolio includes 10 apartments (2 one bedroom, 6 two bedroom, 2 three bedroom) and a remodeled storefront with a useful basement featuring a kitchenette, storage, and a full bath - an excellent setup for businesses. Impressively, all properties boast a 100% occupancy rate. 4922 BROADWAY is a split level; 4928 BROADWAY houses the storefront and 3 apartments under a 4-year-old roof, with a rear building holding 3 apartments beneath a 1-year-old roof, and a fully rented 2-car garage; 4940 BROADWAY is another split level, with its lower unit recently renovated and enhanced with a porch. Added conveniences include a 42 spot communal parking for all properties and tenants handling their own utilities. This unique investment promises substantial immediate returns and potential long-term appreciation. Tax and square footage amounts are combined. Individual amounts are as follows: 4922: Taxes $3420, 1750 sqft. 4928: Taxes $11364, 7222 sqft. 4940: Taxes $5155, 2077 Sqft.

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©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor MyTown Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than MyTown Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-02-22T07:14:18.933.
www.mytowncny.com/homes/143839646
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4928 Broadway Lancaster, NY 14043

  • Price: $1,100,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 49 min ago
  • MLS #: B1501118
10
Beds
0
Baths
0
½ Baths
0.45
Acres
11,049
SQFT
$100
$/SQFT
1900
Built
Neighborhood:
Depew Village-Lancaster-145201
County:
Erie
Area:
Depew Village-Lancaster-145201
School District:
Depew
Property Description
Prime 11-unit Investment on Broadway! Three adjacent properties in a sought-after location provide an unmatched opportunity for investors. The portfolio includes 10 apartments (2 one bedroom, 6 two bedroom, 2 three bedroom) and a remodeled storefront with a useful basement featuring a kitchenette, storage, and a full bath - an excellent setup for businesses. Impressively, all properties boast a 100% occupancy rate. 4922 BROADWAY is a split level; 4928 BROADWAY houses the storefront and 3 apartments under a 4-year-old roof, with a rear building holding 3 apartments beneath a 1-year-old roof, and a fully rented 2-car garage; 4940 BROADWAY is another split level, with its lower unit recently renovated and enhanced with a porch. Added conveniences include a 42 spot communal parking for all properties and tenants handling their own utilities. This unique investment promises substantial immediate returns and potential long-term appreciation. Tax and square footage amounts are combined. Individual amounts are as follows: 4922: Taxes $3420, 1750 sqft. 4928: Taxes $11364, 7222 sqft. 4940: Taxes $5155, 2077 Sqft.
Exterior Features

Construction Materials Vinyl Siding Copper Plumbing PEXPlumbing Exterior Features Blacktop Driveway Garage YN No Lot Features Near Public Transit Parking Features Threeormore Spaces No Garage Road Frontage Type Main Thoroughfare Roof Asphalt Shingle Waterfront YN No

Interior Features

Appliances Gas Water Heater Basement Full Partial Partially Finished Sump Pump Basement YN Yes Cooling Wall Units Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring Carpet Laminate Tile Varies Vinyl Heating Gas Forced Air Radiant Heating YN Yes Interior Features Ceiling Fans Other See Remarks Laundry Features Washer Hookup Levels Two Living Area 11049

Property Features

Electric Circuit Breakers Gross Income 123300 Listing Terms Cash Owner Will Carry Possession Close Of Escrow Property Condition Resale Property Sub Type Other Rent Includes Common Area Maintenance Water Sewer Connected Special Listing Conditions Standard Tax Annual Amount 19938 Utilities Sewer Connected Water Connected Water Source Connected Public Year Built Details Existing

Greater Rochester Association of Realtors logo Listing information © 2024 CNYIS, GENRIS, WNYREIS. Listing provided by Erik Arneth of Keller Williams Realty WNY : 716-213-8784.
©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor MyTown Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than MyTown Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-02-22T07:14:18.933.
 
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