Knowlton Avenue Apartments 2 Multifamily Properties Offered at $1,483,823 CAD in Lackawanna, NY

Eight apartments in two four-unit brick apartment buildings, each building has three two-bedroom apartments and one one-bedroom apartment. The one-bedroom apartment has handicap accessibility features. There is no basement, the first-floor common area has a space for the building boiler and water tank, and coin laundry machines. The owner pays the gas for the heat and hot water tank; the tenants pay their own electric and AC. The apartments are large with an open floor plan. The apartments are for sale by the original builder, and the buildings are in excellent condition. The two buildings sit on individual adjacent tax lots making financing using two residential investor mortgages possible. A single conventional commercial mortgage loan can also be used, and both buildings are to be sold together in one transaction.
Dead-end residential side street in the city of Lackawanna. Lackawanna is adjacent the southern border of the city of Buffalo.