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
  • Frame 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
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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 List to Sale Price per Sq Ft
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

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 $45,697 $292,500 $88,000 $204,500
2023 $44,619 $292,500 $88,000 $204,500
2022 $39,277 $292,500 $88,000 $204,500
2021 $24,121 $292,500 $88,000 $204,500
2020 $45,046 $292,500 $88,000 $204,500
2019 $55,164 $292,500 $88,000 $204,500
2018 $37,168 $292,500 $88,000 $204,500
2017 $40,760 $292,500 $88,000 $204,500
2016 $71,148 $292,500 $88,000 $204,500
2015 -- $292,500 $88,000 $204,500
2014 -- $292,500 $88,000 $204,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1448996

Western New York Real Estate Information Services (WNYREIS)