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352 Fletcher St

12 Unit Apartment Building $1,431,249 CAD ($119,271 CAD/Unit) 7% Cap Rate Tonawanda, NY 14150

Executive Summary

Presenting an outstanding investment opportunity at 352 Fletcher Street, comprising three buildings on one parcel. This mixed-use property includes: 352 Fletcher: Mixed-use commercial building with multiple rentable garage spaces, a large first-floor office/retail/workshop, and five fully rented apartments. 358 Fletcher: A 3-unit residential building. 82 Kohler: Another 3-unit residential building. The parcel includes a substantial parking area with revenue potential, positioned on a corner lot near the Niagara River, local dining, and entertainment. Priced attractively at a 7% CAP rate, this is a solid income-generating opportunity.

Financial Summary (Pro forma - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,431,249 CAD
Price Per Unit $119,271 CAD
Sale Type Investment
Cap Rate 7%
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.48 AC
Building Size 7,938 SF
No. Stories 2
Year Built 1880
  • Listing ID: 34225700

  • Date on Market: 2024-12-17

  • Last Updated:

  • Address: 352 Fletcher St, Tonawanda, NY 14150

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