17 Mineral Springs Rd Buffalo, NY 14210

This stunning 37-unit Class A apartment building, located at 17 Mineral Springs Rd in Buffalo, NY, presents a compelling investment opportunity. Originally constructed in 1926 and extensively renovated in 2016, this historic landmark boasts 36,708 square feet of meticulously maintained space. Each of the 37 luxury loft apartments features high ceilings (12 feet in most), large windows maximizing natural light, and modern amenities including high-efficiency central air conditioning and heating, energy-rated appliances, and in-unit washer/dryers. Many units retain original historic features such as slate blackboards, hardwood floors, and period doors and hardware, creating a unique and desirable living environment. On-site parking is provided. The property offers a strong cap rate of 7.60% and a price per unit of $105,405.41, with an asking price of $3,900,000. This exceptional property is situated in the heart of South Buffalo, offering residents convenient access to local amenities and attractions. The building's history and modern upgrades combine to create a highly sought-after residential complex with significant upside potential. The price per square foot is $106.24.