NOT LISTED FOR SALE

1954 Abbott Rd Buffalo, NY 14218

Estimated Value: $236,000 - $253,505

4 Beds
3 Baths
1,738 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $235,000 $135 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,520/month

19 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Partially Fenced Property
  • Wood Flooring
  • Baseboard Heating

About This Home

As of November 2024

Investment opportunity knocks! Come take a look at this rare 3-unit home nestled in a neighborhood street in Lackawanna. Located in a convenient area that is close to schools, parks, restaurants, the thruway, and much more. The units have separate points of entry and plenty of parking space. Basement contains 2 laundry hookups and plenty of storage space. Whether you are looking to add to your portfolio or live rent free, this house is for you!

Last Agent to Sell the Property

John Corrao

Listing by MJ Peterson Real Estate Inc. Brokerage Phone: 716-390-5988 License #10401301683 Listed on: 08/16/2024

MJ Peterson Real Estate Inc.

Last Buyer's Agent

Ryan Carr

Listing by Keller Williams Realty WNY License #10401351211

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,442

Year Built

  • Built in 1969

Lot Details

  • 5,775 Sq Ft Lot
  • Lot Dimensions are 52x110
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Copper Plumbing

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes common area maintenance, heat
  • Tax Lot 20
  • Assessor Parcel Number 140900-142-200-0002-020-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,442

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Heat
  • Year Built: 1969
  • Attribution Contact: 716-390-5988
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Corner Lot, Near Public Transit
  • Directions: Abbott rd to Majestic Terrace
  • Architectural Style: Triplex
  • Flooring: Carpet, Hardwood, Varies, Vinyl
  • Interior Features: Storage
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.1326
  • Waterfront: No
  • Construction Type: Brick, Frame, Copper Plumbing
  • Exterior Features: Fence

Garage/Parking

  • Parking Features: Concrete, On Street, Two or More Spaces

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lackawanna

Lot Info

  • Parcel Number: 140900-142-200-0002-020-000
  • Lot Dimensions: 52X110
  • Lot Size Sq Ft: 5775.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5442.0
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2025
Sold by
Honer Michael P
Bought by
Mh Property Development Llc
Current Estimated Value
$245,876

Purchase Details

Listed on
Aug 16, 2024
Closed on
Nov 25, 2024
Sold by
Elekes William C and Elekes Pamela A
Bought by
Honer Michael P
Seller's Agent
John Corrao
MJ Peterson Real Estate Inc.
Buyer's Agent
Ryan Carr
Keller Williams Realty WNY
List Price
$259,990
Sold Price
$235,000
Premium/Discount to List
-$24,990
-9.61%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$176,250
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Nigro Alan and Skop Lynn A
Bought by
Elekes William C and Elekes Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mh Property Development Llc -- None Available
Honer Michael P $235,000 None Available
Honer Michael P $235,000 None Available
Elekes William C $85,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Honer Michael P $176,250
Previous Owner Elekes William C $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $235,000 -9.6% $135 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $259,990 -- $150 / 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 $2,832 $120,000 $9,300 $110,700
2023 $2,811 $120,000 $9,300 $110,700
2022 $2,623 $120,000 $9,300 $110,700
2021 $2,648 $120,000 $9,300 $110,700
2020 $1,193 $120,000 $9,300 $110,700
2019 $4,298 $91,200 $6,700 $84,500
2018 $2,373 $91,200 $6,700 $84,500
2017 $1,073 $91,200 $6,700 $84,500
2016 $2,327 $91,200 $6,700 $84,500
2015 -- $91,200 $6,700 $84,500
2014 -- $91,200 $6,700 $84,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1559240

Western New York Real Estate Information Services (WNYREIS)

APN: 140900-142-200-0002-020-000