NOT LISTED FOR SALE

242 Delaware Rd Buffalo, NY 14217

-- Bed
-- Bath
20,610 Sq Ft
0.62 Acres

Last Sold March 29, 2023

Last sale price $1,750,000 $85 Per Sq Ft

25 Days on Market

Highlights

  • 0.62 Acre Lot
  • Property is near public transit
  • Corner Lot
  • Deck
  • Wood Flooring
  • Balcony

About This Home

As of March 2023

New to market. 20 unit brick & stucco apartment building in quiet residential neighborhood in The Village of Kenmore. Recent updates include multiple sections of upper decking & steps. Multiple furnaces have been replaced in the last 9 years., Thousands of dollars have been invested to improve drainage and maintenance in very functional and dry basement. Approximately 25% of the units have had complete & significant updates including new CT flooring, kitchen counters/cupboards, fixtures.laundry offered to tenants with coin operated machines.

Last Agent to Sell the Property

J. Gerard Green

Listing by RE/MAX Precision Brokerage Email: jgerard.green@remax.net License #10491210016 Listed on: 12/19/2022

RE/MAX Precision

Last Buyer's Agent

Christopher Wietig

Listing by Buffalo Property Partners LLC License #10491205911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,275

Year Built

  • Built in 1927

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 121x223
  • Corner Lot
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Copper Plumbing

Interior Spaces

  • 20,610 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 1 Parking Space
  • Shared Driveway

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Rent includes snow removal, trash collection
  • Tax Lot 16
  • Assessor Parcel Number 146401-066-710-0001-016-000

Community Details

Overview

  • 20 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • 20 Separate Gas Meters
  • Operating Expense $72,752
  • Gross Income $220,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,275

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Snow Removal, Trash Collection
  • Year Built: 1927
  • Attribution Contact: jgerard.green@remax.net
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: Delaware Ave. to Delaware Road or Delaware Ave. to Dellwood
  • Flooring: Carpet, Hardwood, Tile, Varies
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Acres: 0.62
  • Waterfront: No
  • Construction Type: Brick, Frame, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Balcony, Deck
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: One Space, Driveway, Shared Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry Facilities, Storage Facilities

Schools

  • Junior High Dist: Kenmore-Tonawanda Union Free District

Lot Info

  • Parcel Number: 146401-066-710-0001-016-000
  • Lot Dimensions: 121X223
  • Lot Size Sq Ft: 27050.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 20
  • Annual Gross Income: 220980.0
  • Annual Operating Expense: 72752.0
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 20

Tax Info

  • Tax Annual Amount: 39275.0
  • Tax Lot: 16

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

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $1,750,000 -7.7% $85 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $1,895,000 -- $92 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J. Gerard Green

    Seller's Agent in 2023

    J. Gerard Green

    RE/MAX

    (716) 866-8307

    2 in this area

    65 Total Sales

    J. Gerard Green
    Section Image

  • C

    Buyer's Agent in 2023

    Christopher Wietig

    Buffalo Property Partners LLC

    (716) 310-7235

    1 in this area

    15 Total Sales

    Christopher Wietig
    Section Image
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Map

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

MLS Number: B1448996

Western New York Real Estate Information Services (WNYREIS)
New York Erie County Buffalo 14217

242 Delaware Rd, Buffalo, NY

This home is located at 242 Delaware Rd, Buffalo, NY 14217 since 19 December 2022. This property was built in 1927. 242 Delaware Rd is a home located in Erie County with nearby schools including Herbert Hoover Elementary School, Herbert Hoover Middle School, and Kenmore West Senior High School.

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