333 Elmwood Avenue

Buffalo, NY, 14222

$1,209,000

$124 per ft²
$1,209,000
$124 per ft²
Active
Active
 - For Sale
carpenters-square
9,684 ft²
property_type
Commercial
Location. Location. Location. In the heart of the Elmwood Village with so many salons, restaurants, shops, bars, gorgeous architecture, amazing gardens and so many other amenities. CASH COW with monthly rental income of $10,625.00 (annual income $121,125.00). 16 units rooming house with 1 bed apt, 4 studios and 11 rooms. 2 Additional bonus rooms are ready to be in use for storage or other needs. All big tickets were taken care of. The metal roof was power-washed and freshly painted. Brand new carpet throughout. The most parts of the interior were freshly painted and many other miscellaneous updates. The building offers low maintenance and directly managed by the owner. Formerly built as a hotel and perfect for Air B&B. The rear lot would be ideal for the redevelopment project of another 5+ apartment building. Very commutable and walkable. Just 5 minutes’ drive to Oishei Children hospital which employs 234 people and General Hospital Buffalo General Medical Center/Gates Vascular Institute where a total of 9675 people is working and closed to downtown areas of Buffalo. Add this CASH COW investment property to your portfolio.
MLS® ID:
B1436578
Listed:
9/28/22
Updated:
1/28/23
Buffalo Real Estate
Michael Silbak

Interior Features

Kitchen Appliances
Gas Water Heater
Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet, Hardwood, Laminate, Resilient, Varies
Heating
Gas, Hot Water, Steam

Exterior/Building Features

Lot Size
10,000 ft² lot
Exterior Features
Concrete Driveway
Lot Details
Other, Near Public Transit, Residential Lot, See Remarks
Roof
Metal
Sewer
Connected

School Information

High School
Buffalo
Elementary School
Buffalo

Other Property Details

Area Name
Buffalo City-140200
Taxes
$8452
Tax Frequency
per YEAR
Association Amenities
Other, Storage Facilities, See Remarks
Garage
No
Parking
Three or more Spaces, Driveway, No Garage
View
N
County
Erie
Utilities
Sewer Connected, Water Connected
Water Source
Connected, Public
Pool
No
Total Stories
3
Sub Agency Compensation
0.00
Buyer Agency Compensation
3
Transaction Broker Compensation
0.00

Property History

Date
Event
Price
Value
1/11/23
Price Change
$1,209,000
-4%

 

Courtesy of Park Realty of WNY LLC, Khaing Naing

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Data last updated 10:06 PM UTC, 1/28/23

Buffalo Real Estate
Michael Silbak
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