220 Stevenson Street, Buffalo

Impressive turnkey 4-unit delivering a 11.2% cap rate! The owner has invested heavily since 2008, with major updates throughout. Recent highlights include new gutters and fascia (2025), full tear-off roof (2020), commercial grade hot water tank (2020), windows throughout (2018, 2020, 2023), exterior painted (2019, 2025) and garage roof (2018). Additional updates include a rebuilt chimney, electrical upgrade to circuit breakers, updated water lines, boiler with 2 zone valves, front steps rebuilt, concrete parking pad, and refreshed kitchens, bathrooms, and flooring throughout, including refinished hardwood floors. Off-street parking with a 2-car garage and concrete parking pad. Serious cash flow, serious updates. Everything has been done, just collect the rent.