Redevelopment opportunity located on one Buffalo's fastest developing streets, minutes to downtown Buffalo. 507 Niagara Streets most recent use was 18 one bedroom apartments however a full renovation is needed. Potential gross income of $18,000/month after $1M-$1.2M renovation. This property is a great BRRR and will work well for someone looking for a long term investment. County Taxes: $1,140/year (2019 assessment)City/School Taxes: $13,487/year (2020 assessment)Sewer Rent: $762/year (2020 assessment)
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
