NOT LISTED FOR SALE

Estimated Value: $269,000 - $327,000

6 Beds
3 Baths
2,552 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $269,000 $105 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,665/month

24 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Heating System Uses Gas
  • Full Attic
  • Forced Air Cooling System

About This Home

As of July 2023

Are you looking for a lucrative investment opportunity? Look no further than 188 Englewood Avenue!
Nestled in a prime location, walking distance from the UB South Campus, this property boasts three separate units. All of the apartments are currently occupied by reliable tenants, generating a steady income for any prospective buyer. In addition to the steady income being generated by this property currently, over the past 3 years, many updates have been done for this property. New plumbing lines throughout have been installed, the lower unit has been remodeled with new flooring in the kitchen and fresh paint. The upper front unit was remodeled in 2020, and since then a new kitchen and bathroom faucet has been installed. The upper back unit was just given fresh paint at the end of April. All appliances in every unit including the washer and dryer in the basement are included in the sale. This is a very rare turnkey opportunity! Showings start from Open House 5/6/2023 1pm. Offers if any will be reviewed 5/9/2023 5pm. Be sure to see it while you can! Showings outside of the Open House may be limited due to tenant schedules.

Last Agent to Sell the Property

Pushpa Gunatilake

Listing by Pioneer Star Real Estate Inc. License #10311200587 Listed on: 05/02/2023

Co-Listed By

Sugath Liyanage

Listing by Pioneer Star Real Estate Inc. License #10301217718

Last Buyer's Agent

Pushpa Gunatilake

Listing by Pioneer Star Real Estate Inc. License #10311200587 Listed on: 05/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,087

Year Built

  • Built in 1925

Lot Details

  • 4,025 Sq Ft Lot
  • Lot Dimensions are 115 x 35

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,552 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Rent includes garage, heat, lawn maintenance, refuse removal, water
  • Tax Lot 14
  • Assessor Parcel Number 140200-079-380-0009-014-000

Community Details

Overview

  • 3 Units
  • City/Buffalo Community
  • City/Buffalo Subdivision

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,087

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 139000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 115
  • Lot Dimension Front: 35
  • Lot Information: Neighborhood Street
  • Lot Number: 14
  • Nearest Cross Street: Kenmore Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2911255.41
  • Ratio Close Price By Sq Ft: 105.41
  • Ratio List Price By Acres: 2682900.43
  • Ratio List Price By Sq Ft: 97.14
  • Regional Board Code: Buffalo
  • Rent Includes: Garage, Heat, Lawn Maintenance, Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 657
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4025
  • Age of Building: 98
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 2552
  • Directions To Property: Kenmore to Englewood
  • Sq Ft Total Pub: 2552
  • Subdivision Comm Complex: City/Buffalo
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 3
  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2552

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Balcony
  • Number of Acres: 0.0924

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Buffalo

Lot Info

  • Parcel Number: 140200-079-380-0009-014-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2087

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 26, 2023
Sold by
Bhalerao Niranjan
Bought by
Raj David J
Seller's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
Buyer's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
List Price
$247,900
Sold Price
$269,000
Premium/Discount to List
$21,100
8.51%
Views
88
Current Estimated Value
$293,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,322
Avg. Annual Appreciation
5.49%
Original Mortgage
$264,127
Outstanding Balance
$258,581
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$42,514

Purchase Details

Listed on
Feb 11, 2017
Closed on
May 10, 2017
Sold by
Soon Jay
Bought by
Bhalerao Niranjan
Seller's Agent
Pushpa Gunatilake
Pioneer Star Real Estate Inc.
Buyer's Agent
Sugath Liyanage
Pioneer Star Real Estate Inc.
List Price
$169,800
Sold Price
$163,000
Premium/Discount to List
-$6,800
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Jun 18, 2009
Sold by
Thomas Mitchell J
Bought by
Soon Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,350
Interest Rate
4.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raj David J $269,000 Chicago Title Insurance Co
Raj David J $269,000 Chicago Title Insurance Co
Raj David J $269,000 Chicago Title Insurance Co
Bhalerao Niranjan $159,000 None Available
Bhalerao Niranjan $159,000 None Available
Bhalerao Niranjan $159,000 None Available
Soon Jay $89,800 None Available
Soon Jay $89,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raj David J $264,127
Closed Raj David J $264,127
Previous Owner Soon Jay $67,350
Previous Owner Thomas Mitchell J $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $269,000 +8.5% $105 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $247,900 0.0% $97 / Sq Ft
05/01/2021 05/01/21 Rented $675 0.0% --
04/26/2021 04/26/21 For Rent $675 0.0% --
06/01/2017 06/01/17 Sold $163,000 -4.0% $64 / Sq Ft
03/12/2017 03/12/17 Pending -- -- --
02/11/2017 02/11/17 For Sale $169,800 -- $67 / 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 $704 $139,000 $10,300 $128,700
2023 $704 $139,000 $10,300 $128,700
2022 $699 $139,000 $10,300 $128,700
2021 $699 $139,000 $10,300 $128,700
2020 $573 $139,000 $10,300 $128,700
2019 $2,044 $74,500 $6,000 $68,500
2018 $1,923 $74,500 $6,000 $68,500
2017 $443 $74,500 $6,000 $68,500
2016 $1,813 $74,500 $6,000 $68,500
2015 -- $74,500 $6,000 $68,500
2014 -- $74,500 $6,000 $68,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1466963

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-380-0009-014-000