$1,200,000

Estimated payment $7,319/month

Total Views 2,743
10 Beds
-- Bath
12,436 Sq Ft
$96 Price per Sq Ft

Highlights

  • 1.07 Acre Lot
  • Corner Lot
  • Wood Siding
  • Wood Flooring
  • Forced Air Heating System

About This Home

Amazing opportunity in the City of Buffalo to significantly increase the number of doors in your portfolio with this rare multi-building package. This offering includes four fully occupied properties—2325, 2328, 2329, and 2331 South Park Avenue—plus a .72-acre vacant lot at 2317 South Park with frontage stretching along Dallas Rd, offering excellent future development potential. At 2325 South Park, a distinctive brick corner building with standout architecture and strong street visibility, you'll find a fully leased commercial space along with two 1-bedroom and two 2-bedroom apartments. The 2-bedroom units feature in-unit laundry, and all units are separately metered with newer hot water tanks and many updated heating units. This building also includes a garage—ideal for added income or a convenient space for storage, maintenance, or supplies. Next door, 2329 South Park is a well-maintained 2-unit with newer furnaces (within the last five years), updated hot water tanks, separate laundry for each unit, and a newer roof. Adjacent 2331 South Park is a fully occupied 3-bedroom upper/lower double with newer mechanicals and tenant access to the basement for laundry. Across the street, 2328 South Park offers great curb appeal, a front porch, a backyard, and updated furnaces and hot water tanks within the last 12 years. All units sit over full basements, providing added functionality and storage space. The properties have been well cared for by the long-time owner, with thoughtful updates and consistent upkeep throughout. With all units currently rented and most at below-market rates, this is a strong portfolio with stable income and room to grow. Square footage is based upon public records for all of the available properties. Also listed as Commercial under MLS B1619779

Listing Agent

Thomas Mason

Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-714-4054 License #10301217912 Listed on: 07/05/2025

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,065

Year Built

  • Built in 1918

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 874x390
  • Corner Lot
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 10 Bedrooms
  • 12,436 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • No Garage
  • Gravel Driveway

Utilities

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

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 140200-133-710-0005-048-000

Community Details

Overview

  • 10 Units
  • Buffalo Crk Reservation Subdivision

Building Details

  • 11 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,065

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Water
  • Year Built: 1918
  • Attribution Contact: 716-714-4054
  • Lot Features: Corner Lot, Irregular Lot
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: Properties are located on the corner of South Park and Dallas Rd.
  • Flooring: Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Commercial
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 10
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 1.07
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • Exterior Features: Concrete Driveway, Gravel Driveway

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-133-710-0005-048-000
  • Lot Dimensions: 874X390
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 10
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11

Tax Info

  • Tax Annual Amount: 8065.0
  • Tax Lot: 48

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $415 $82,000 $9,000 $73,000
2023 $415 $82,000 $9,000 $73,000
2022 $412 $82,000 $9,000 $73,000
2021 $412 $82,000 $9,000 $73,000
2020 $386 $82,000 $9,000 $73,000
2019 $1,375 $50,100 $4,900 $45,200
2018 $1,293 $50,100 $4,900 $45,200
2017 $298 $50,100 $4,900 $45,200
2016 $1,220 $50,100 $4,900 $45,200
2015 -- $50,100 $4,900 $45,200
2014 -- $50,100 $4,900 $45,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 For Sale $1,200,000 -- $96 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $55,000 Credit Line Revolving
Source: Public Records

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

MLS Number: B1620060

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-133-710-0005-048-000