Four-Unit Residential Income
6 Springfield Drive Cheektowaga, NY 14225
New
6 Springfield Drive, Cheektowaga, NY, 14225
$349,900
For Sale
$349,900
MULTI_FAMILY - Other - Cheektowaga, NY
Property Size3,380 SF
Lot Size0.16 Acres
Price / SF$103.52
Days on Market2
Property Features for 6 Springfield Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 4
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 143089-091-100-0004-013-000
- Size
- 3,380 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6006
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood, Tile, Laminate, Varies
- Building materials
- VinylSiding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Mootry Murphy & Burgin Realty Group LLC
(716) 534-8495
Listed by
HaroldKraven Weeks · License #10301224078
(716) 400-4007
Added: Jul 21 Updated: Jul 22 at 12:56PM Checked: Jul 22 at 6:06PM
MLS# B1699198
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained four-unit residential income property features spacious two-bedroom, one-bath units with eat-in kitchens and living rooms. Each unit includes first-floor laundry space, and all four units share the same layout. The property has had a new roof installed in 2025.
The building is located at 6 Springfield Drive in Cheektowaga, NY 14225, in Erie County. Public remarks note convenient access to major expressways, along with proximity to shopping centers, malls, and the airport.
From a practical standpoint, the consistent unit layout can simplify day-to-day management compared with properties where floorplans vary between units.
The building is located at 6 Springfield Drive in Cheektowaga, NY 14225, in Erie County. Public remarks note convenient access to major expressways, along with proximity to shopping centers, malls, and the airport.
From a practical standpoint, the consistent unit layout can simplify day-to-day management compared with properties where floorplans vary between units.
Key Highlights
- Four‑unit property built in 1947
- Units include spacious 2‑bedroom, 1‑bath layouts with eat‑in kitchens and living rooms
- First‑floor laundry rooms are included in each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.6k | $13.80 |
| − Vacancy | −$15.6k | −$4.61 |
| EGI | $31.0k | $9.19 |
| − OpEx | −$9.3k | −$2.76 |
| NOI | $21.7k | $6.43 |
3,380 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$310.5K
$271.7K – $362.2K
NOI $21,732 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$278.8K
$243.9K – $325.3K
NOI $19,515 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$738.9K
$646.5K – $862.0K
NOI $51,722 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit building with matching two-bedroom layouts, each offering an eat-in kitchen and first-floor laundry.
Where is this quadplex located?
The property is located at 6 Springfield Drive Cheektowaga, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Four‑unit property built in 1947; Units include spacious 2‑bedroom, 1‑bath layouts with eat‑in kitchens and living rooms; First‑floor laundry rooms are included in each unit
