Check Availability
$179,900
Multifamily - In Contract

131 Locust Street

Buffalo, NY 14204
bedrooms
4 Beds
bathrooms
2 Baths
$968
Estimated Monthly
14.11%
Cap Rate

About This Property

Let's go!!!!  This two unit property is ready for it's new owner.  This one is perfect for both the investor and homeowner!  The upper has a great month to month tenant paying $800 who would love to stay.  The lower unit will be vacant and the proposed market rent is $1200.  You can start collected $2000 very soon.  Homeowners can close on this property and have the upper rent cover a good portion of their mortgage.  Each unit has a living room, dining room, kitchen, two bedrooms and a bathroom. There is a full attic that is partially finished.  There is a front and side porch as well as a fenced yard.   This great opportunity is just a few blocks from the hospitals in the Buffalo Niagara Medical Campus/Fruit Belt neighborhood. This convenient location is a minute from downtown Buffalo and the Elmwood Village. This is a great opportunity to live in a beautiful and affordable home with low taxes!
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$84
HOA Dues
-
Year Built
1890

Listed By

Renee Moran
Red Door Real Estate WNY LLC
Last updated: 8 days ago (NYSAMLS #B1536264)

Price History

Date / Event Date Event Price
May 15, 2024 In contract -
In contract
May 10, 2024 Listed by Red Door Real Estate WNY LLC $179,900
Listed by Red Door Real Estate WNY LLC
Jun 24, 2020 Sold to Richard D Clarke $69,000
Sold to Richard D Clarke
Jun 20, 2019 Sold to Cristina Gonzalez, Gerson G... $70,000
Sold to Cristina Gonzalez, Gerson G...

Property Highlights

Parking Details
Parking Features: Gravel, Paved, Twoor More Spaces
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 2

Interior Information

Appliances: Gas Water Heater
Flooring Type: Carpet, Laminate, Varies

Basement Information

Has Basement
Partial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
3 Baths
-
$145,000 Jul 18, 2023
$145,000 Oct 3, 2023
$116/mo
House
3 Beds
2 Baths
-
$210,000 Dec 7, 2023
$210,000 Feb 13, 2024
$125/mo
Multifamily
6 Beds
2 Baths
-
$145,000 Nov 10, 2023
$145,000 Apr 2, 2024
$60/mo
House
3 Beds
2 Baths
-
$215,000 May 24, 2023
$215,000 Aug 2, 2023
$98/mo
House
3 Beds
2 Baths
-
$236,000 Mar 20, 2023
$236,000 Jul 21, 2023
$167/mo
House
3 Beds
2 Baths
-
$182,000 Jun 3, 2023
$182,000 Sep 11, 2023
$147/mo
Multifamily
4 Beds
2 Baths
-
$175,000 Apr 23, 2024
-
$55/mo
In Contract
House
4 Beds
2 Baths
-
$155,000 Jan 12, 2024
-
$81/mo
House
3 Beds
2 Baths
-
$199,000 Jan 13, 2024
-
$99/mo
House
3 Beds
2 Baths
-
$160,000 Mar 19, 2024
-
$119/mo
House
3 Beds
2 Baths
-
$199,900 Mar 27, 2024
-
$171/mo
House
3 Beds
2 Baths
-
$144,000 Feb 2, 2024
-
$158/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

131 Locust Street 131 Locust Street, Buffalo, NY 14204
  • 1 Unit for Sale
More about this Building
131 Locust Street
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