$775,000
PENDING $25K PRICE DROP

Estimated payment $4,576/month

Total Views 1,851
10 Beds
-- Bath
13,959 Sq Ft
$56 Price per Sq Ft

Highlights

  • 0.18 Acre Lot
  • Wood Flooring
  • Ductless Heating Or Cooling System
  • Property is near public transit
  • Corner Lot
  • Hot Water Heating System

About This Home

Location, location, location! This bank owned 12 unit will be the perfect addition to your portfolio. This hard to find all brick building is just blocks from the University of Buffalo and the Veterans hospital. The property next door @ 3394 Bailey is also 10 units and for sale. Buy one or buy both, make the repairs and get these properties cash flowing! Do the math 10 apartments x $1000 = $10,000 per month plus the storefronts. Cross-listed as COM B1554098

Listing Agent

Renee J. Moran

Listing by Red Door Real Estate WNY LLC Brokerage Phone: 716-866-8361 License #10491202951 Listed on: 07/22/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,344

Year Built

  • Built in 1900

Lot Details

  • 7,857 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Corner Lot

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 10 Bedrooms
  • 13,959 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Location

  • Property is near public transit

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 10 Units
  • 12 Separate Gas Meters

Listing and Financial Details

  • Rent includes heat, snow removal, trash collection, water
  • Tax Lot 26
  • Assessor Parcel Number 140200-079-640-0004-026-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,344

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Heat, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: 716-866-8361
  • Lot Features: Corner Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On Bailey and Winspear - park on street or the Family Dollar that is closed
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Commercial
  • Special Features: 5120

Interior Features

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

Exterior Features

  • Acres: 0.1804
  • Waterfront: No
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None, No Driveway, No Garage

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Gas, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-079-640-0004-026-000
  • Lot Dimensions: 60X130
  • Lot Size Sq Ft: 7857.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 10
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12

Tax Info

  • Tax Annual Amount: 4344.0
  • Tax Lot: 26

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 $1,393 $275,000 $8,000 $267,000
2023 $1,393 $275,000 $8,000 $267,000
2022 $1,383 $275,000 $8,000 $267,000
2021 $1,383 $275,000 $8,000 $267,000
2020 $1,536 $275,000 $8,000 $267,000
2019 $7,672 $199,500 $11,500 $188,000
2018 $7,092 $199,500 $11,500 $188,000
2017 $1,187 $199,500 $11,500 $188,000
2016 $6,676 $199,500 $11,500 $188,000
2015 -- $199,500 $11,500 $188,000
2014 -- $199,500 $11,500 $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Pending -- -- --
08/27/2024 08/27/24 Price Changed $775,000 -3.1% $56 / Sq Ft
07/23/2024 07/23/24 For Sale $800,000 -52.9% $57 / Sq Ft
04/27/2022 04/27/22 Sold $1,700,000 -5.6% $67 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $1,800,000 0.0% $71 / Sq Ft
05/24/2021 05/24/21 Rented $725 -3.3% --
05/21/2021 05/21/21 For Rent $750 +7.9% --
06/15/2020 06/15/20 Rented $695 0.0% --
06/01/2020 06/01/20 Under Contract -- -- --
05/21/2020 05/21/20 For Rent $695 0.0% --
05/30/2019 05/30/19 Sold $800,000 0.0% $57 / Sq Ft
01/13/2019 01/13/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $800,000 -- $57 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Deed $1,697,214 None Available
Warranty Deed $1,100,000 None Available
Warranty Deed $1,100,000 None Available
Warranty Deed $1,700,000 None Available
Warranty Deed $1,700,000 None Available
Warranty Deed $1,700,000 None Available
Warranty Deed $91,504 None Available
Warranty Deed $91,504 None Available
Warranty Deed $91,504 None Available
Warranty Deed $800,000 None Available
Warranty Deed $800,000 None Available
Warranty Deed $800,000 None Available
Land Contract $555,000 --
Land Contract $555,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,100,000 Commercial
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

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

MLS Number: B1551709

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-079-640-0004-026-000