Estimated payment $5,780/month
OUTSTANDING INVESTMENT! (CURRENT NOI $72,896 AT CAP RATE 7.5% - $971,947) * POTENTIAL VALUE MUCH HIGHER (SEE ATTACHMENTS) * THIS 8 UNIT COULD BE PURCHASED AS ONE * IT IS TWO 4-UNIT AT 1697-1699 (HAS TEAR -OFF ROOF 2024) & 1701-1703 * RIGHT NEXT DOOR TO EACH OTHER * W/ADJOINED PARKING IN REAR WITH 16 SPACES FOR BOTH UNITS * 1 PARKING SPOT RESERVED FOR EACH OF THE 8 UNITS *(CREATED & BLACKTOPPED 2021) * ALL 8 UNITS HAVE 2 BEDRM 1BATH IN EACH UNIT * LOADS OF UPDATES SINCE 2019 TO PRESENT * (COMPLETE LIST IN ATTACHMENTS) ALL 8 UNITS IN HAD UPDATES IN KITCHENS (ALL 8 KITCH HAVE TILED BCKSPLSH) S/WITH UPDATED CABS * & BATHOORMS * S/TILED BATHRMS & SHOWERS * ALL UNITS NEWER KITCHEN APPLIANCES STOVE AND REFRIGERATOR * ALL 8 UNITS HAVE NEWER WASHER AND DRYER * M/UNITS UPDATED FLOORING * LIGHTING * PAINT * MULTIPLE FURNACES AND HOT-WATER TANKS HAVE BEEN UPDATED * LANDSCAPING 2024 * AND MUCH MORE! NOTE SELLER IN 5 YEARS HAS HAD 0% VACANCY & 0 MNGMT COSTS * POTENTIAL HIGHER NOI * * BOTH BUILDINGS ARE LISTED AS SEPARATE * 4 UNITS * 1697-1699 IS M/L # B1631078 & 1701-1703 IS B1631070 * NOTE SELLER IN 5 YEARS HAS HAD 0% VACANCY & 0 MNGMT COSTS * CHECK OUT PICS OF INTERIOR.
Listing Agent
Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-912-5252 License #10301201558 Listed on: 08/15/2025
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $922,888 | +99.8% | $92 / Sq Ft |
| 08/15/2025 08/15/25 | For Sale | $461,888 | -7.6% | $93 / Sq Ft |
| 10/31/2019 10/31/19 | Sold | $500,000 | -3.8% | $50 / Sq Ft |
| 07/24/2019 07/24/19 | Pending | -- | -- | -- |
| 07/16/2019 07/16/19 | For Sale | $519,900 | +419.9% | $52 / Sq Ft |
| 05/29/2017 05/29/17 | Sold | $100,001 | +0.1% | $20 / Sq Ft |
| 04/01/2017 04/01/17 | Pending | -- | -- | -- |
| 03/25/2017 03/25/17 | For Sale | $99,900 | -- | $20 / Sq Ft |
$799,000
Attention Investors! RARE OPPORTUNITY to own a fully rented, low maintenance, cash flowing 8 unit in Lackawanna, NY! This all-brick building is being sold either separately or combined with a 6 unit building across the street (MLS #B1627676). Each unit is nearly identical with 2 good sized bedrooms, 1 full bath with ceramic, a kitchenette, large living space and hardwood floors throughout.
Nick Corto HUNT Real Estate Corporation
$999,900
DESTINCTIVE LINWOOD MANSION -FEATURING 12 APARTMENTS, STUDIOS AND 1BEDROOM DESIGNS. SOME OFF-STREET PARKING AVAILABLE. 3 LEVELS, 4 UNITS ON EACH LEVEL, PLUS FINISHED BASEMENT WITH POSSIBLE 13TH “GARDEN LEVEL” UNIT.LANDLORD PAYS ELECTRIC AND WATER, TENANTS PAY HEAT. ALL NEWER APPLIANCES, MOST BATHS WITH TUB AND SHOWERS AND SOME WITH JUST SHOWERS.THERE IS COIN LAUNDRY IN THE
Michael Battaglia Network One Realty
$925,000
Investors galore. Completely redone from the top to bottom. Right in the heart of Canisius College. Six unit, fully furnished. Beautiful high-end leather, washer, dryer, all your toiletries, bring nothing. Additional lot next-door included. Large garage in the rear. Storage space for each tenant in the basement. Don’t let this one go.
Shannon Szalay WNY Metro Roberts Realty
$799,000
338 Auburn Ave is a rare opportunity to own a fully occupied 8-unit apartment building in Buffalo’s vibrant West Side. Each unit features 1 bedroom and 1 bathroom, ideal for steady rental demand. All utilities are included in rent, simplifying management and appealing to tenants. With a strong rental history and a prime location near Elmwood Village, Five Points, and public transportation,
Kasey Haseley Chubb-Aubrey Leonard Real Estate
$700,000
Sprawling nine acre mixed use property on Seneca Creek, with endless possibilities for multiple types of owners. Opportunities to own such a unique property like this in West Seneca do not come around often. You could take advantage of the protentional for multiple income streams, run a business, or owner occupy. The front building features a spacious 4 bedroom, 1.5 bath upper, with a 1 bedroom,
Patrick Sportelli WNY Metro Roberts Realty
$775,000
Location, location, location! This bank owned 12 unit will be the perfect addition to your portfolio. This hard to find all brick building is just blocks from the University of Buffalo and the Veterans hospital. The property next door @ 3394 Bailey is also 10 units and for sale. Buy one or buy both, make the repairs and get these properties cash flowing! Do the math 10 apartments x $1000 =
Renee J. Moran Red Door Real Estate WNY LLC
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1631190
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