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Map
$309,511*
●
Multifamily -
Off Market
33 Glenwood Court
Cheektowaga, NY 14225
Studio
0 Bath
3975 Sqft
$198,000 - $240,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
THIS PROPERTY IS ALSO LISTED IN THE MLS UNDER MLS #B1232125 for 5+
UNIT APARTMENTS. *INVESTOR OPPORTUNITY*5 UNIT APARTMENT BUILDING IN
CEDAR GROVE HEIGHTS WITH ANNUALLY RENEWABLE 1-YEAR MOD-REHAB HUD
CONTRACT THRU BELMONT HOUSING RESOURCES OF WNY* NEW OWNER WILL HAVE
THE OPTION TO RENEW OR NOT EACH YEAR WITH NOTICE TO BELMONT EACH
FEBRUARY* BUILDING IS COMPRISED OF 4-2BR UNITS RENTED @ $567/MONTH
& 1-1BR UNIT RENTED @$484/MONTH * GREAT LOCATION W/ MAINTENANCE
FREE EXTERIOR, SEPARATE UTILITIES, NEW TEAR-OFF ROOF IN 2007 AND
MANY OTHER RECENT IMPROVEMENTS * PARKING FOR 10 CARS IN PAVED LOT
WITH STORAGE SHED * PRICED AT $219000 THIS BLDG IS SELLING FOR ONLY
6.63 TIMES ITS RENT ROLL, AT A CAPRATE OF 9.46% AND FOR ONLY
$24,333 PER BEDROOM * INTERIOR PHOTOS ARE OF ONE OF THE 2 BR UNITS
RECENTLY REFRESHED AND FILLED WITH BELMONT APPROVED AND SUPPORTED
TENANT
The manager has listed the unit size as 3975 square feet.
The manager has listed the unit size as 3975 square feet.
Unit Size
3,975Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$55
Property Type
Multifamily
Property Taxes
$4,537
HOA Dues
-
Year Built
1942
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2020 | No longer available | - | |
| No longer available | |||
| Oct 30, 2019 | Listed | $219,000 | |
| Listed | |||
Property Highlights
33 Glenwood Court
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
4
Beds
2
Baths
-
$205,000
Feb 27, 2023
$205,000
May 10, 2023
$477/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/13/2019
|
|
Studio
|
-
|
3975 ft²
|
$219,000
Studio
-
3975 ft²
|
-
-
|
-
|
-
|
Building Info
