NOT LISTED FOR SALE
3 Beds
-- Baths
3,406 Sq Ft
3,100 Sq Ft Lot

Sale Details

Date Sold: June 24, 2025

Last sale price $200,000 $59 Per Sq Ft

32 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Rectangular Lot
  • City Honors School At Fosdick Masten Park Rated A

About This Home

As of June 2025

MONEY MAKER! Calling all investors. Discover a fantastic opportunity to add to your portfolio this well-maintained 5-unit building located in the highly desirable, Buffalo/Riverside neighborhood. 2-studios, 2-one bedrooms, 1-two bedroom, all good sized units. Units feature a mix of hardwood, laminate and carpet. The first floor units have high ceilings and are very bright. The one bedrooms have spacious living rooms and generous kitchens. This property offers a unique blend of rental income potential and long-term value appreciation, making it ideal for new or seasoned investors. Rents are way under market as they reflect longer term tenancies and can certainly be raised to current market rates. Seller Financing options available.

Last Agent to Sell the Property

Louis Vinci

Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-913-4858 License #30VI0633092 Listed on: 03/31/2025

Howard Hanna WNY Inc.

Last Buyer's Agent

Kenneth Smith

Listing by Buffalo First Realty Group Inc License #10301219900

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1938

Lot Details

  • 3,100 Sq Ft Lot
  • Lot Dimensions are 31x100
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3 Bedrooms
  • 3,406 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet

Utilities

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

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 3
  • Assessor Parcel Number 140200-077-810-0002-003-000

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $11,500
  • Gross Income $37,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,498

Year Built

Built in 1938

Lot Details

3,100 Sq Ft Lot

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Other, See Remarks
  • Year Built: 1938
  • Attribution Contact: 716-913-4858
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Niagara St to Peoria
  • Flooring: Carpet, Hardwood, Luxury Vinyl, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0712
  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: None, No Driveway, No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-077-810-0002-003-000
  • Lot Dimensions: 31X100
  • Lot Size Sq Ft: 3100.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 37500.0
  • Annual Operating Expense: 11500.0

Tax Info

  • Tax Annual Amount: 2498.0
  • Tax Lot: 3

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
Jun 26, 2025
Sold by
Lam Development Llc
Bought by
Seller's Agent
Louis Vinci
Howard Hanna WNY Inc.
Buyer's Agent
Kenneth Smith
Buffalo First Realty Group Inc
List Price
$249,777
Sold Price
$200,000
Premium/Discount to List
-$49,777
-19.93%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$87,885
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Saramak Margaret and Zaifert Margaret
Bought by
Tesmer Helen J

Purchase Details

Closed on
Mar 29, 1996
Sold by
Executrix Waligora Mary Jane
Bought by
Divincenzo Christopher and Tringali Jeffrey
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$200,000 None Available
Tesmer Helen J $35,900 --
Divincenzo Christopher $60,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $170,000
Source: Public Records

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
06/24/2025 06/24/25 Sold $200,000 -19.9% $59 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $249,777 -- $73 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax 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.

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
2025 $549 $198,500 $9,300 $189,200
2024 $549 $98,000 $3,100 $94,900
2023 $497 $98,000 $3,100 $94,900
2022 $493 $98,000 $3,100 $94,900
2021 $493 $98,000 $3,100 $94,900
2020 $385 $98,000 $3,100 $94,900
2019 $1,923 $50,000 $3,100 $46,900
2018 $1,777 $50,000 $3,100 $46,900
2017 $297 $50,000 $3,100 $46,900
2016 $1,673 $50,000 $3,100 $46,900
2015 -- $50,000 $3,100 $46,900
2014 -- $50,000 $3,100 $46,900
Source: Public Records

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Map

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

MLS Number: B1595565

Western New York Real Estate Information Services (WNYREIS)
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