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$329,000
●
Multifamily -
Off Market
347 Massachusetts Avenue
Buffalo, NY 14213
9 Beds
3 Baths
$1,823
Estimated Monthly
$0
HOA / Fees
About This Property
Incredible Opportunity! This 3-family property boasts 2 separate
structures on one lot, w/ a total of 3,384 SF and currently 100%
rented. Within walking distance of the vibrant & inclusive
community surrounding 5 Points and other West Side amenities.
Both structures have undergone significant updates, including
tear-off roofs (2017) w/ new gutters/downspouts, exterior paint
(2019), 3 new porches w/ TREX (2014), updated plumbing/electrical
work completed (2016) and many new vinyl windows. Each unit has
been tastefully remodeled, and the lower unit and carriage house
feature in-unit laundry. All units have separate gas/electric
utilities, along with their own heating & hot water systems.
The front home consists of a 3/3 double, currently rented at $1,200
and $850 per month, while the carriage house features 3 beds and 1
bath, currently rented at $1,250. This property yields
approximately $40k/year in rent, w/ room to increase rents to
$65k/year. Don't miss out on this great investment in a desirable
location and make this property part of your financial success! Lot
next door avail for sale. Open House Sat 10/21 & Sun 10/22 from
11am-1pm. Offers will be reviewed Wed 10/25 @ 1pm.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$207
HOA Dues
-
Year Built
1900
Last updated: 2 months ago (NYSAMLS #B1504225)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 28, 2023 | In contract | - | |
In contract | |||
Oct 16, 2023 | Listed by Keller Williams Realty WNY | $329,000 | |
Listed by Keller Williams Realty WNY |
Property Highlights
Parking Details
Parking Features: No Driveway
Interior Details
Bedroom Information
Bedrooms: 9
Bathroom Information
Full Bathrooms: 3
Interior Information
Appliances: Gas Water Heater
Flooring Type: Hardwood, Varies, Vinyl
Basement Information
Has Basement
Full
Exterior Details
Property Information
Road Frontage Type: CityStreet
Property Condition: Resale
Year Built: 1900
Building Information
Foundation Details: Stone
Construction Materials: Wood Siding
Lot Information
NearPublicTransit, ResidentialLot
Lot Size Dimensions: 30X154
Lot Size Acres: 0.1006
Lot Size Square Feet: 4383
Land Information
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $156,000
Tax Annual Amount: $2,485
Utilities Details
Heating Type: Gas, Forced Air
Utilities: 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
Multifamily
6
Beds
3
Baths
-
$410,000
Apr 11, 2023
$410,000
Jun 28, 2023
$379/mo
Sold
Multifamily
5
Beds
2
Baths
-
$340,000
Jul 11, 2023
$340,000
Aug 28, 2023
$240/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
347 Massachusetts Avenue
347 Massachusetts Avenue, Buffalo, NY 14213
- 1 Unit for Sale