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Investment Highlights

  • Vinyl sided apartment building with separate utilities
  • Village location in a residential neighborhood
  • Moderately priced rents appeal to the majority of the market
  • Two 2-bedroom and two 1-bedroom apartments
  • Newer metal roof and newer replacement windows
  • Local economy anchored by two large state employers

Executive Summary

Vinyl sided four-unit apartment building in the village of Attica with separate utilities. The apartments are large with remodeled kitchens and bathrooms, updated flooring and refinished original hardwood floors. The tenants pay their own gas and electric, the owner pays water. Each apartment has its own gas fired furnace and water tank, three of the apartments have laundry machines. Recent improvements include newer metal roofs and newer windows.
Main Street at the corner of Walnut Street in the village of Attica. Attica is 28 miles east of downtown Buffalo and ten miles south of Batavia in Wyoming County. The town and village of Attica have a population of 7,448 and the economy is anchored by two strong public employers; the Attica State Correctional Facility and the Wyoming County Correctional Facility.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $65,304 $17.40
Other Income - -
Vacancy Loss $3,265 $0.87
Effective Gross Income $62,039 $16.53
Taxes - -
Operating Expenses - -
Total Expenses $16,156 $4.30
Net Operating Income $45,883 $12.22

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $65,304
Annual Per SF $17.40
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $3,265
Annual Per SF $0.87
Effective Gross Income (CAD)
Annual $62,039
Annual Per SF $16.53
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $16,156
Annual Per SF $4.30
Net Operating Income (CAD)
Annual $45,883
Annual Per SF $12.22

Property Facts

Price $476,178 CAD
Price Per Unit $119,045 CAD
Sale Type Investment
Cap Rate 9.64%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.24 AC
Building Size 3,754 SF
Average Occupancy 100%
No. Stories 2
Year Built 1900
Zoning 02 - SINGL

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,361 CAD -
2+2 2 $1,361 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
562201-006-015-0001-005-001-0000
Land Assessment
$10,748 CAD (2025)
Improvements Assessment
$261,354 CAD (2025)
Total Assessment
$272,102 CAD (2025)
  • Listing ID: 40418477

  • Date on Market: 2026-05-06

  • Last Updated:

  • Address: 167 Main St, Attica, NY 14011

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