NOT LISTED FOR SALE
-- Bed
-- Bath
24,404 Sq Ft
8,267 Sq Ft Lot

Last Sold December 20, 2018

Last sale price $1,350,000 $55 Per Sq Ft

Highlights

  • 0.19 Acre Lot
  • Main Floor Bedroom
  • Forced Air Heating System
  • Property is near public transit
  • Corner Lot
  • Ceiling Fan

About This Home

As of December 2018

Attention Serious Investors! Don't miss this rare opportunity to own a 3-story, 27-unit Apartment Building in one of Buffalo's most up-and-coming neighborhoods! 1067-1073 Grant is a big, brick, money-making machine located walking distance from Buffalo State College, the Tops Shopping Plaza and the Amherst Street renaissance. Living on the corner of Grant Street and Military Road, your tenants enjoy access to a large, city-maintained parking lot and multiple bus stops at their doorstep. The building is equipped with a fire alarm system connected directly to Buffalo's FD switchboard and a common coin-op laundry room in Apartment #5. Each apartment has separately metered gas and electrical utilities serving independent mechanical systems.

Last Agent to Sell the Property

Christopher Mekker

Listing by BFLO Realty License #10491212723 Listed on: 09/24/2018

Last Buyer's Agent

Brett Vroman

Listing by WNY Metro Roberts Realty License #10401267155

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,545

Year Built

  • Built in 1920

Lot Details

  • 8,267 Sq Ft Lot
  • Lot Dimensions are 96x85
  • Corner Lot
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Copper Plumbing

Interior Spaces

  • Main Floor Bedroom
  • 24,404 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • No Garage
  • Gravel Driveway
  • Shared Driveway

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes snow removal, trash collection, water
  • Tax Lot 10
  • Assessor Parcel Number 140200-077-830-0006-010-000

Community Details

Building Details

  • 27 Separate Gas Meters
  • Operating Expense $67,757
  • Gross Income $196,586

Additional Features

  • 27 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,545

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Snow Removal, Trash Collection, Water
  • Year Built: 1920
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Lot Features: Corner Lot, Irregular Lot, Other, Near Public Transit, Residential Lot, See Remarks
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: Military Rd to Grant St
  • Flooring: Carpet, Laminate, Other, See Remarks, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Bedroom on Main Level
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers, Fuses
  • Property Sub Type Additional: Commercial,Other
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater, Oven, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1898
  • Waterfront Features: Other, See Remarks
  • Waterfront: No
  • Construction Type: Brick, Copper Plumbing
  • Exterior Features: Concrete Driveway, Gravel Driveway

Garage/Parking

  • Parking Features: None, No Garage, Shared Driveway

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-077-830-0006-010-000
  • Lot Dimensions: 96X85
  • Lot Size Sq Ft: 8267.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 27
  • Annual Gross Income: 196586.0
  • Annual Operating Expense: 67757.0
  • Number Of Separate Electric Meters: 28
  • Number Of Separate Gas Meters: 27

Tax Info

  • Tax Annual Amount: 11545.0
  • Tax Lot: 10
  • Tax Other Annual Assessment Amount: 530.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2018 12/20/18 Sold $1,350,000 -9.4% $55 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $1,490,000 +26.8% $61 / Sq Ft
08/21/2015 08/21/15 Sold $1,175,000 -6.0% $48 / Sq Ft View Prior Sale
05/28/2015 05/28/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $1,250,000 -- $51 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,006 $1,250,000 $11,800 $1,238,200
2023 $6,333 $1,250,000 $11,800 $1,238,200
2022 $6,285 $1,250,000 $11,800 $1,238,200
2021 $6,285 $1,250,000 $11,800 $1,238,200
2020 $2,501 $1,250,000 $11,800 $1,238,200
2019 $12,499 $325,000 $25,100 $299,900
2018 $11,554 $325,000 $25,100 $299,900
2017 $1,933 $325,000 $25,100 $299,900
2016 $10,876 $325,000 $25,100 $299,900
2015 -- $325,000 $25,100 $299,900
2014 -- $325,000 $25,100 $299,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1150228

Western New York Real Estate Information Services (WNYREIS)