339 Rhode Island St Buffalo, NY 14213
West Side NeighborhoodEstimated payment $11,214/month
Highlights
- Property is near public transit
- Forced Air Heating System
- High Speed Internet
- Wood Flooring
- Coin Laundry
- Energy-Efficient Windows
About This Home
INCREDIBLE OPPORTUNITY TO OWN A FULLY RENOVATED BUILDING IN THE DEMAND FIVE POINTS NEIGHBORHOOD. THE PROPERTY WAS PURCHASED BY THE CURRENT OWNERS IN 2013 AFTER HAVING BEEN VACANT FOR OVER A DECADE. AT THAT POINT THE BUILDING HAD NO FUNCTIONING MECHANICAL SYSTEMS. THE PROPERTY WENT THROUGH A 2 YEAR RENOVATION THAT REQUIRED A FULL GUT AND ALL NEW MECHANICAL SYSTEMS, PLUMBING, ELECTRICAL, HEATING, FIRE SPRINKLER, EVERYTHING. THE PROPERTY HAS BEEN FULLY LEASED SINCE. THERE ARE 7 ONE BEDROOM APARTMENTS, 4 TWO BEDROOM APARTMENTS, 1 COMMERCIAL SPACE AS WELL AS AN AT&T CELL TOWER LEASE. THERE IS SOME LAND INCLUDED ON RHODE ISLAND. THE BUILDING IS 2 SHORT BLOCKS TO THE FIVE POINTS INTERSECTION THAT IS BUSTLING WITH CAFES, RETAIL AND RESTAURANTS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,455
Year Built
- Built in 1900
Lot Details
- 3,450 Sq Ft Lot
- Lot Dimensions are 34x100
- Rectangular Lot
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Copper Plumbing
Interior Spaces
- 11 Bedrooms
- 15,925 Sq Ft Home
- 4-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Laminate
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- PEX Plumbing
- Gas Water Heater
- High Speed Internet
Additional Features
- Energy-Efficient Windows
- Property is near public transit
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number 140200-099-520-0001-036-000
Community Details
Building Details
- 12 Separate Gas Meters
- Operating Expense $73,964
- Gross Income $162,420
Additional Features
- 11 Units
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,203 | $1,254,100 | $27,200 | $1,226,900 |
| 2024 | $4,203 | $750,000 | $17,000 | $733,000 |
| 2023 | $3,800 | $750,000 | $17,000 | $733,000 |
| 2022 | $3,771 | $750,000 | $17,000 | $733,000 |
| 2021 | $3,771 | $750,000 | $17,000 | $733,000 |
| 2020 | $4,195 | $750,000 | $17,000 | $733,000 |
| 2019 | $20,959 | $545,000 | $3,500 | $541,500 |
| 2018 | $19,375 | $545,000 | $3,500 | $541,500 |
| 2017 | $416 | $70,000 | $3,500 | $66,500 |
| 2016 | $2,343 | $70,000 | $3,500 | $66,500 |
| 2014 | -- | $70,000 | $3,500 | $66,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/11/2026 05/11/26 | For Sale | $1,750,000 | +1246.2% | $110 / Sq Ft | |
| 01/06/2014 01/06/14 | Sold | $130,000 | -13.3% | $8 / Sq Ft | View Prior Sale |
| 08/30/2013 08/30/13 | Pending | -- | -- | -- | |
| 08/27/2013 08/27/13 | For Sale | $149,900 | -- | $9 / Sq Ft |
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1680577
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