70 Mckinley Pkwy, Buffalo, NY 14220
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70 Mckinley Pkwy, Buffalo, NY 14220
70 Mckinley Pkwy, Buffalo, NY 14220
70 Mckinley Pkwy, Buffalo, NY 14220
70 Mckinley Pkwy, Buffalo, NY 14220
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70 Mckinley Pkwy Buffalo, NY 14220

70 Beds

81,039 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 81,039 sqft

Price per Sqft $74

MLS Listing ID B1659752

Bedrooms 70

Construction Status Existing

HOA Y/N No

Year Built 1951

Annual Tax Amount $81,264

Lot Size 3.800 Acres

Acres 3.8

Lot Dimensions 325X509

Property Sub-Type Other

Property Description

An exceptional investment opportunity: this well-maintained, turnkey 70-unit, all-brick apartment complex
with ample off street parking is ideally located on McKinley Parkway in South Buffalo close to Frederick Law Olmsted Designed South Park & Buffalo's Botanical Gardens. This Property spans 3.8 acres across 23 buildings & features a desirable unit mix of 25 one-bedroom, 23 two-bedroom, and 22 townhouse-style apartments. All units offer separate utilities and heating systems, central air, and on-site parking. Ownership covers water and garbage. The complex currently generates $60,986 in gross monthly income and benefits from long-term tenants with rents below market, presenting strong upside potential. Each building includes a full basement with storage and individual laundry hookups (tenant-supplied washers and dryers).

Location

State NY

County Erie

Area Buffalo City-140200

Direction Mckinley Pkwy to Latona Ct.

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s), Other, See Remarks

Heating Gas, Forced Air

Cooling Central Air

Flooring Carpet, Laminate, Other, See Remarks, Varies

Fireplace No

Appliance Gas Cooktop, Gas Water Heater, Refrigerator

Laundry Washer Hookup

Exterior

Exterior Feature Blacktop Driveway

Community Features Other, See Remarks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt

Garage No

Building

Lot Description Irregular Lot, Near Public Transit, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Brick

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-133-800-0002-035-000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard


Listed by HUNT Real Estate Corporation 716-465-3160

NEARBY SCHOOLS & PROPERTIES

CB Faith Ilion Office

CB Faith Ilion Office

Broker | License ID: 30VI0627417

+1(315) 574-2260

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70 Mckinley Pkwy