About 285 Ashland Avenue
A turnkey, cash-flowing investment opportunity. Well-maintained 5-unit property located on prime Ashland Avenue just off Lexington. The building consists of four 1-bedroom units and one spacious 2-bedroom unit, offering a strong and flexible unit mix. Four of the five units are currently on month-to-month leases, presenting immediate upside potential for rent adjustments or repositioning. The property sits on a generous lot with a sizable backyard, adding additional appeal for tenants. Interior features include beautiful original woodwork and stained glass windows, preserving the character and charm throughout. The roof is less than 10 years old. Seller is open to considering seller-held financing for qualified buyers with acceptable terms. Conveniently located near Elmwood Village, Bidwell Park, shopping, dining, and public transportation. A solid investment opportunity in a high-demand rental area.
Features of 285 Ashland Avenue
| MLS® # | B1678204 |
|---|---|
| Price | $449,777 |
| Bedrooms | 5 |
| Bathrooms | 0.00 |
| Square Footage | 4,107 |
| Square Footage | 4792 |
| Acres | 0.11 |
| Year Built | 1900 |
| Type | Multi Family |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 285 Ashland Avenue |
|---|---|
| Area | Buffalo City |
| Subdivision | Elmwood Strip |
| City | Buffalo |
| County | Erie |
| State | NY |
| Zip Code | 14222 |
Amenities
| Utilities | Sewer Connected, Water Connected, Other, See Remarks, Water |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Parking | None, No Driveway, No Garage |
| Garages | None, No Driveway, No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Varies, Vinyl |
|---|---|
| Appliances | Gas Oven, Gas Range, Gas Water Heater, Refrigerator, See Remarks |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt |
| Construction | Vinyl Siding |
School Information
| District | Buffalo |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna WNY Inc. |
|---|---|
| Contact Info | 716-913-4858 |