$1,390,000
●
Commercial -
Off Market
1030 Elmwood Avenue
Buffalo, NY 14222
Studio
0 Bath
$7,525
Estimated Monthly
$0
HOA / Fees
0.05%
Cap Rate
About This Property
For Sale - A remarkable 6-unit apartment building in the heart of
the Elmwood Village. This property has undergone a complete
renovation and every interior surface is brand new. With a diverse
unit composition, this building consists of 4 spacious three
bedroom units and 2 comfortable two bedroom units. Investors will
find tremendous value and potential in this property. Located near
Bidwell Parkway, tenants will have easy access to numerous
shopping, dining, entertainment, and public transit these units
will have high demand to limit vacancies. The building's historic
exterior maintains the charm of the area, and two level porches
provide outdoor space for four of the units, new concrete pad
allows for resident parking at the buildings rear. Whether new to
real estate investing or experienced, this asset will make a great
addition to any portfolio presenting a fantastic opportunity to
capitalize on the growing demand for quality rental properties in
Buffalo, NY.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$700
HOA Dues
-
Year Built
1900
Last updated: 18 days ago (NYSAMLS #B1505585)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 11, 2024 | No longer available | - | |
No longer available | |||
Oct 20, 2023 | Listed by HUNT Commercial Real Estate Corp. of Buffalo New York | $1,390,000 | |
Listed by HUNT Commercial Real Estate Corp. of Buffalo New York |
Property Highlights
Parking Details
Parking Features: Driveway, No Garage
Interior Details
Bedroom Information
Bedrooms: 6
Interior Information
Appliances: Dishwasher, Free Standing Range, Freezer, Gas Water Heater, Microwave, Oven, Refrigerator
Flooring Type: Hardwood, Varies
Basement Information
Has Basement
Full
Exterior Details
Property Information
Property Condition: Resale
Year Built: 1900
Building Information
Roof: Asphalt, Shingle
Construction Materials: Frame, Wood Siding
Lot Information
NearPublicTransit
Lot Size Dimensions: 40X150
Lot Size Square Feet: 6000
Land Information
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $351,000
Tax Annual Amount: $8,396
Utilities Details
Heating Type: Gas, Forced Air
Utilities: Cable Available, Sewer Connected, Water Connected
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
House
5
Beds
5
Baths
-
$1,600,000
Jan 31, 2023
$1,600,000
Apr 27, 2023
$789/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/31/2023
|
|
6 Bed
|
-
|
7164 ft²
|
$1,499,900
6 Bed
-
7164 ft²
|
-
-
|
-
|
Matthew J. Quagliano
Buffalo Home Sellers LLC
|
01/01/2019
|
|
Studio
|
-
|
7164 ft²
|
$569,999
Studio
-
7164 ft²
|
-
-
|
-
|
-
|