78 E Morris Avenue

Property in Starin Central
In Contract

78 East Morris Avenue, Buffalo, NY 14214

$195,000
 for Sale at 78 East Morris Avenue, Buffalo, NY 14214

2

 for Sale at 78 East Morris Avenue, Buffalo, NY 14214
 for Sale at 78 East Morris Avenue, Buffalo, NY 14214
$195,000
3
Beds
2
Baths
1
Half Bath
Ft²
$/ft²
0.17
Acres
Cap Rate
Est. Monthly
Cap Rate
6.64%
Est. Monthly
$1,178
Wonderful opportunity to get into North Buffalo for the price.  Home needs finishing - drywall, flooring and general carpentry.  This home is being sold as is and seller will do no repairs as a result of home inspection or any bank appraisal mandated repairs.  This house has lots of potential.  It is a diamond in the rough....Offers are due April 10, 2023.

LISTING AGENT

Eric A HauserMJ Peterson Real Estate[email protected]

Building Features

Parking

Attached GarageGarage Door Opener

Location

Corner LotNear Public Transit

Home Features

Laundry

Washer / Dryer in Unit

Outdoor Space

Private PatioPorch

Utilities

Gas Water Heater

HVAC

Forced Air

Price History

Date/EventEventPrice
Apr 11, 2023 In contractIn contract-
Apr 3, 2023 Listed by MJ Peterson Real EstateListed by MJ Peterson Real Estate$195,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$15,600
ExpensesPer Year
$2,652
Operating ProfitPer Year
$12,948
Cap rate
6.64%

Price Estimate

$229,000$196,950$164,900
20232024202520262027
Current Asking Price

$195,000

HopScore Market Price

$196,950

The current asking price is $1,950 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
House
3
1
-
$175,000
$99.50/mo
Sold
House
3
2
-
$187,000
$136.42/mo
Sold
House
3
2
-
$200,000
$112.25/mo
Sold
Multifamily
Stu
-
$176,000
$240.92/mo
Sold
Multifamily
Stu
-
$184,000
$255.92/mo

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Neighborhood

About Starin Central

Stats & Trends

The median asking price in Starin Central is $325,000.
  • Median Asking

    $325,000
  • Sale Price/ft²

    $147.12
  • Below Asking

    0.01%
  • Days on Market

    72

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Nearby Rentals





Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want...

78 East Morris Avenue, Buffalo, NY 14214


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