58 Gresham Drive Buffalo, NY 14226

Single Family Detached MLS #: B1533074 Courtesy Of Keller Williams Realty Buffalo Northtowns

$239,900

5 beds | 2 baths | 1,504 sq ft
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Est. Property Tax: $4,977
Estimated monthly payments: $1,463/mo.* (recalculate)

Property InformationDescription

Presenting a lucrative investment opportunity in a highly sought-after area of Amherst, close to the University at Buffalo South Campus. This single-family house is currently set up as student accommodation, featuring five bedrooms and two full bathrooms, making it an ideal choice for investors looking to tap into the student rental market. The property boasts a spacious layout conducive to shared living, with large communal areas that ensure comfort for all occupants. Currently, the property has the potential to generate close to $3,000 per month in rental income, ensuring a robust return on investment from day one. The constant demand from students guarantees high occupancy rates, making this a worry-free investment. For those looking to enter the investment market, this property offers a fantastic opportunity with great positive cash flow. It is not just a house, but a steady income stream and a foothold in the thriving rental market near a major university. Don t miss out on this exceptional opportunity to own a prime piece of real estate with significant income potential in Amherst.

Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Appliances: Cooktop - Gas, Microwave, Refrigerator, Washer
  • Architecture Style: Other
  • Exterior Type: Brick, Vinyl Siding
  • Floor Covering: Hardwood, Laminate, Wood
  • Heating Fuel: Natural Gas
  • Heating System: Forced Air
  • Lot Size: 0.16 Acres
  • Roof Type: Asphalt
  • Rooms: Basement, Bedroom, Full Bath

MAP & DIRECTIONS

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58 Gresham Drive, Buffalo, NY 14226
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School Information

58 Gresham Drive, Buffalo, NY 14226

Elementary School
Grades PK-5 | Public School
WINDERMERE BLVD SCHOOL
Buffalo, NY 14226
291 Windermere Blvd
716.­362.4100
Distance: 0.5 mi
School Rating
B-
Student:Teacher Ratio
11:1
Total Students
718
Middle School
Grades 6-8 | Public School
AMHERST MIDDLE SCHOOL
Buffalo, NY 14226
55 Kings Hwy
716.­362.7100
Distance: 1.5 mi
School Rating
B+
Student:Teacher Ratio
11:1
Total Students
720
High School
Grades 9-12 | Public School
AMHERST CENTRAL HIGH SCHOOL
Buffalo, NY 14226
4301 Main St
716.­362.8100
Distance: 1.2 mi
School Rating
A-
Student:Teacher Ratio
12:1
Total Students
882
Other Nearby Schools Distance Type Grades School Rating
St Benedict School 0.6 mi Private PK-8
Chc Learning Center 0.9 mi Private PK
Franklin Elementary School 1.1 mi Public KG-4 C-
Franklin Middle School 1.1 mi Public 5-7 C+
St Joseph University School 1.4 mi Private PK-8
Highgate Heights 1.5 mi Public PK-8 D
Sweet Home Middle School 1.5 mi Public 6-8 B-
Kenmore East High School 1.8 mi Public 8-12 C-
Smallwood Drive School 1.8 mi Public KG-5 B
Maplemere Elementary School 1.9 mi Public KG-5 A-
Thomas A Edison Elementary School 2.0 mi Public KG-4 D
Christ The King Elementary School 2.1 mi Private PK-8
Research Laboratory High School-bioinformatic 2.1 mi Public 9-12
Middle Early College High School 2.1 mi Public 9-12 D+
Lewis J Bennett High School Of Innovative Technolgy 2.1 mi Public 9-12 C-
Westminster Community Charter School 2.1 mi Public KG-8 D-
Lindbergh Elementary School 2.1 mi Public KG-4 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Buffalo, NY 14226

Median Age: 38.5
Married: 46%
Number of Households: 12,398
Households with Children: 28.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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