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Buy a multi-family propertyat 1080 Elmwood Avenue, Buffalo, NY 14222

$669,000

$695,000 (-3.74%)

$0/mo

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Residential

3,816 Sq. Ft.

6,150 Sq. Ft. lot

8 Bedrooms

4 Bathrooms

322 Days on market

B1476672 MLS ID

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About 1080 Elmwood Avenue multi-family property

Recently improved with new exterior paint, all walls in basement painted and new tenant paying $2,395 per month. Tri-Plex Apartment Building in the heart of The Elmwood Village. Located across the street from the newly built $30 Million Private Residences at 1111 Elmwood Avenue. Walking distance to local shops, boutiques, galleries, markets and more. Verandas and balconies offer each unit incredible outdoor space along the front of the entire property making your apartments highly desirable and easy to rent. Plenty of off street parking in the rear of the property. Perfect opportunity to capture Home Ownership and have Tenants help with the mortgage. For the Investor Minded, this is a great addition for your portfolio for now and decades to come. Seller would consider holding a mortgage for agreeable terms. Schedule a showing today!
Recently improved with new exterior paint, all walls in basement painted and new tenant paying $2,395 per month. Tri-Plex Apartment Building in the heart of The Elmwood Village. Located across the street from the newly built $30 Million Private Residences at 1111 Elmwood Avenue. Walking distance to local shops, boutiques, galleries, markets and more. Verandas and balconies offer each unit incredible outdoor space along the front of the entire property making your apartments highly desirable and easy to rent. Plenty of off street parking in the rear of the property. Perfect opportunity to capture Home Ownership and have Tenants help with the mortgage. For the Investor Minded, this is a great addition for your portfolio for now and decades to come. Seller would consider holding a mortgage for agreeable terms. Schedule a showing today!

Property details

Property Access

Main Thoroughfare

Appliances and Equipment

Gas Water Heater

Basement

Full

Bathrooms

4 full bathrooms

4 total bathrooms

Bedrooms

8 total bedrooms

House

2 total stories

Built in 1900

3,816 sqft living area

3816 total building sqft

Shake Siding

Balcony

Community

3 units in community

Cooling

Central Air

Expenses

See Remarks

Exterior Features

Balcony

Fireplaces

3 fireplaces

Floors

Hardwood

Marble

Varies

Heating

Gas

Forced Air

Income

Net Operating Income: -4892

Listing

Property Subtype: Multi Family

25 days on market

Listed on 2023-06-16

Gardener

Hot Water

Trash Collection

Location

County: Erie

Lot

6150 sqft

0.1412 acres

Area: 0.1412

Dimensions: 41X150

Parking

Two or More Spaces

Possession

Close Of Escrow

Property

3 units

Resale

Roof

Asphalt

Schools

Elementary School District: Buffalo

Middle School District: Buffalo

High School District: Buffalo

Sewer

Connected

Taxes

Annual Amount: $4,892

Utilities

3 separate electric meters

3 separate gas meters

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$4,798/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$628,860

+$20,070

$648,930

Seller agent commission$20,070 (3%)*

$0 (0%)

Buyer agent commission$20,070 (3%)*

$20,070 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $20,070 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 4, 2024 at 7:39 a.m.

Data updated: Jul 11, 2023 at 5:15 p.m.

Courtesy of WNY Metro Roberts Realty.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 New York State Alliance. All Rights Reserved.

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