Seller's Agent in 2022
Wilma Moman
Class A Real Estate
(716) 836-9161
4 in this area
23 Total Sales
2961 Bailey Ave Buffalo, NY 14215
Kensington-Bailey Neighborhood
--
Bed
--
Bath
7,532
Sq Ft
4,905
Sq Ft
Highlights
- Property is near public transit
- Baseboard Heating
- Rectangular Lot
- Wood Flooring
About This Home
As of October 2022Great Opportunity to Own this Well Maintained 9 Unit Apartment Building. Currently 7 Units occupied with mostly long term tenants and 2 units are vacant. All Tenants would like to stay. Mostly All Vinyl Replacements Windows and Glass Blocks in Basement level. All Apartments have nice layouts. Annual gross rents 51,120 approx. Landlord pay gas & electric. **Projected rents from the 2 vacant units approx. $1,700.
Last Agent to Sell the Property
Listing by Class A Real Estate License #37MO0845884 Listed on: 05/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,382
Year Built
- Built in 1936
Lot Details
- 4,905 Sq Ft Lot
- Lot Dimensions are 45x109
- Rectangular Lot
Home Design
- Brick Exterior Construction
- Frame Construction
- Vinyl Siding
- Copper Plumbing
Interior Spaces
- 7,532 Sq Ft Home
- 3-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Free-Standing Range
Flooring
- Wood
- Vinyl
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Location
- Property is near public transit
Utilities
- Heating System Uses Gas
- Radiant Heating System
- Baseboard Heating
- Gas Water Heater
Listing and Financial Details
- Rent includes all utilities
- Tax Lot 46
- Assessor Parcel Number 140200-090-410-0009-046-000
Community Details
Overview
- 8 Units
Building Details
- 1 Separate Gas Meter
- Operating Expense $11,912
- Gross Income $51,120
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2022 10/24/22 | Sold | $265,000 | -18.5% | $35 / Sq Ft |
| 07/29/2022 07/29/22 | Pending | -- | -- | -- |
| 07/21/2022 07/21/22 | Price Changed | $325,000 | -13.3% | $43 / Sq Ft |
| 06/17/2022 06/17/22 | Price Changed | $375,000 | -11.8% | $50 / Sq Ft |
| 05/09/2022 05/09/22 | For Sale | $425,000 | -- | $56 / 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 | $1,300 | $232,000 | $5,200 | $226,800 |
| 2023 | $1,206 | $232,000 | $5,200 | $226,800 |
| 2022 | $1,167 | $232,000 | $5,200 | $226,800 |
| 2021 | $1,167 | $232,000 | $5,200 | $226,800 |
| 2020 | $539 | $232,000 | $5,200 | $226,800 |
| 2019 | $2,692 | $70,000 | $4,900 | $65,100 |
| 2018 | $2,488 | $70,000 | $4,900 | $65,100 |
| 2017 | $416 | $70,000 | $4,900 | $65,100 |
| 2016 | $2,343 | $70,000 | $4,900 | $65,100 |
| 2015 | -- | $70,000 | $4,900 | $65,100 |
| 2014 | -- | $70,000 | $4,900 | $65,100 |
Source: Public Records
Agents Affiliated with this Home
-
Wilma Moman
-
Sabbir Ahmed
Buyer's Agent in 2022
Sabbir Ahmed
Towne Housing Real Estate
(929) 424-0890
6 in this area
138 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1404000
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