$160,000

1598 Bailey Ave Buffalo, NY 14212

Buffalo Area

Estimated payment $1,088/month

4 Beds
2 Baths
3,573 Sq Ft
$45 Price per Sq Ft

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Rectangular Lot
  • Wood Flooring
  • 2 Car Garage

About This Home

Excellent mixed-use investment opportunity in Buffalo's Bailey-Broadway neighborhood! This well-maintained property features three income-producing units, including a vacant first-floor commercial space (former tavern) and two spacious 2-bedroom apartments on the second floor. One apartment is tenant-occupied, while the other is owner-occupied, with flexibility for investors or owner-occupants. The upper apartments have private entrances and access to a driveway.
The commercial tavern space is clean, well-maintained, and ready for its next owner or operator. Features include two restrooms, a kitchen with sink, stove, and new fryer, access to the basement, five wall-mounted flat-screen TVs, a pool table, and a remote security system with cameras and monitor, all included in the sale. The space is ideal for reopening as a tavern, bar, lounge, restaurant, or other permitted commercial use.
Property updates include separate utilities, two newer wall furnaces serving the upper apartments, one furnace for the lower commercial space, new gas lines throughout, updated PEX plumbing, two separate half basements, and a roof is 7 years old.
Whether you're looking to generate rental income from the apartments while operating or leasing the commercial space, or add a versatile mixed-use property to your investment portfolio, this property has outstanding potential. Property is being sold "As Is" the seller will not make any repairs as a result of the inspection or appraisal. Delayed Showing/Negotiation: The seller reserves the right to establish an offer deadline at any time.

Listing Agent

Melvin Taylor

Listing by Neighborhood Assistant Corporation of America Brokerage Phone: 617-250-6222 License #10301217164 Listed on: 08/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,483

Year Built

  • Built in 1930

Lot Details

  • 3,850 Sq Ft Lot
  • Lot Dimensions are 35x110
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,573 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Rent includes parking, water
  • Tax Lot 12
  • Assessor Parcel Number 140200-112-240-0006-012-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,483

Year Built

Built in 1930

Lot Details

3,850 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Parking, Water
  • Year Built: 1930
  • Attribution Contact: 617-250-6222
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Hardwood, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0884
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Two or More Spaces, Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-112-240-0006-012-000
  • Lot Dimensions: 35X110
  • Lot Size Sq Ft: 3850.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 2483.0
  • Tax Lot: 12

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2026 08/06/26 For Sale $160,000 -- $45 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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

MLS Number: B1705151

Western New York Real Estate Information Services (WNYREIS)
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