643-647 West

Buffalo, NY, 14213

$1,300,000

$123 per ft²
$1,300,000
$123 per ft²
Pending
Pending
 - For Sale
carpenters-square
10,493 ft²
property_type
Residential
calendar
Built 1915
Incredible investment opportunity on Buffalo's West Side. Fourteen unit apartment complex with a gross monthly rent of $11,390! All units are occupied with leases. Each unit has separate gas and electric meters. This property is a CASH COW. There are 12 units in one of the buildings with an average monthly rent of $800. There is a two unit property included and the total rent in that building is $2300. This complex shows very well as most of the units have recently been updated. The two unit has been renovated from top to bottom, has a new tear off roof and is in A+ condition. Both buildings were vinyl sided this year. Invest in this property, collect the guaranteed rent, self manage and enjoy the appreciation in value over time. Prime location is near several colleges/universities, Elmwood Village, Allentown, Downtown, the Buffalo Niagara Medical Campus, Museums, Art Galleries, restaurants, shopping, and the highway.
MLS® ID:
B1431257
Listed:
8/31/22
Updated:
1/28/23
Buffalo Real Estate
Michael Silbak

Interior Features

Kitchen Appliances
Gas Water Heater
Total Bedrooms
0
Total Bathrooms
0
Floor Description
Hardwood, Laminate, Varies, Vinyl
Heating
Gas, Forced Air

Exterior/Building Features

Lot Size
10,728 ft² lot
Exterior Features
Balcony, Patio, Balcony, Patio
Lot Details
Near Public Transit, Residential Lot
Sewer
Connected

School Information

High School
Buffalo
Elementary School
Buffalo

Other Property Details

Area Name
Buffalo City-140200
Taxes
$9188
Tax Frequency
per YEAR
Garage
No
Parking
Paved, Parking Available, On Street, Two or More Spaces
View
N
County
Erie
Utilities
Sewer Connected, Water Connected
Water Source
Connected, Public
Pool
No
Total Stories
3
Sub Agency Compensation
2.5
Buyer Agency Compensation
2.5
Transaction Broker Compensation
2.5

Property History

Date
Event
Price
Value
11/23/22
Pending
-
-
11/8/22
Active
-
-
11/2/22
Pending
-
-
10/8/22
Price Change
$1,300,000
-7%

 

Courtesy of Red Door Real Estate WNY LLC, Renee Moran

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Michael Silbak, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 10:16 PM UTC, 1/28/23

Buffalo Real Estate
Michael Silbak
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