UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,655 sqft
Price per Sqft $221
MLS Listing ID B1650978
Bedrooms 13
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $18,673
Lot Size 3,232 Sqft
Acres 0.0742
Lot Dimensions 33X97
Property Sub-Type Other
Property Description
The properties offer well-maintained units, solid mechanicals, providing a turnkey operation with limited immediate maintenance needs. Tenants pay for their own electric and 7 of 13 pay for their own heat (6 are paid by landlord). Capital improvements recently addressed roof, boiler, vinyl replacement windows, new gutters/downspouts, several new HWT across the portfolio, New Plumbing, Fire Prevention, New Laundry Units, and New Electrical Services. Additionally, significant cap ex renovations in several units across the buildings -painting kitchen remodels, baths, plumbing, flooring. The 3 main properties all have stone basements.
Virginia Street is centrally located near the Douville College, steps from Allentown and the Elmwood Village, Medical Campus, public transportation, and numerous neighborhood amenities, supporting long-term rental demand and strong performance.
This portfolio presents a rare chance to secure multiple turnkey income-producing assets in one of Buffalo's most sought-after urban neighborhoods. A solid choice for investors looking for stability, steady cash flow, and long-term appreciation potential.
Location
State NY
County Erie
Area Buffalo City-140200
Rooms
Basement Full, Partial
Interior
Heating Gas, Baseboard, Radiant
Flooring Ceramic Tile, Hardwood, Laminate, Varies
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Gas Water Heater
Exterior
Exterior Feature Concrete Driveway
Garage Spaces 1.0
Community Features Storage Facilities
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Frame,Other
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-111-210-0008-024-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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