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Key Details
Sold Price $262,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,068 sqft
Price per Sqft $126
Subdivision Stevens Surv
MLS Listing ID B1660308
Sold Date 05/12/26
Style Duplex
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,115
Lot Size 8,123 Sqft
Acres 0.1865
Lot Dimensions 65X125
Property Sub-Type Multi Family
Property Description
Welcome to your new home or investment opportunity at 427 Forest Ave— featuring a rare extra lot with an impressive total frontage of 65 feet! Perfectly positioned directly across from the iconic Richardson Hotel and just a short walk to the vibrant Elmwood Village, this spacious two-unit property offers the ideal blend of location, updates, and long-term potential for both investors and owner-occupant buyers alike.
Boasting 2,068 square feet, this well-maintained multi-family home features a lower unit with 2 bedrooms and an upper unit with 3 bedrooms, providing flexible living arrangements and strong rental possibilities. Each unit offers a spacious eat-in kitchen, has been freshly painted, and showcases brand new carpeting throughout, creating a clean and move-in ready feel.
Major mechanical updates bring peace of mind, including separate utilities and updated electrical panels for both units. The lower unit is equipped with comfortable radiant heating, while the upper unit features a brand new furnace and new ductwork installed in 2025. Most windows throughout the home are vinyl, helping support energy efficiency and low maintenance living.
Step outside and enjoy the welcoming front porch, plus take advantage of the additional lot — a standout feature that offers added privacy, expansion possibilities, or future development potential in this highly desirable area.
Whether you are looking to expand your portfolio or live in one unit while generating income from the other, this property checks all the boxes.
Showings begin immediately — don't miss your chance to own a fantastic multi-family home in one of Buffalo's most sought-after locations!
Open House this Friday 2/27 from 5pm-7pm!
Location
State NY
County Erie
Community Stevens Surv
Area Buffalo City-140200
Direction GPS
Rooms
Basement Partial
Interior
Heating Gas, Baseboard, Forced Air
Flooring Carpet, Varies, Vinyl
Fireplaces Number 2
Fireplace Yes
Appliance Gas Water Heater
Exterior
Exterior Feature Awning(s)
Utilities Available High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Architectural,Shingle
Porch Covered, Porch
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-088-680-0005-003-100
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with HUNT Real Estate Corporation
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