$470,000
SOLD JUL 14, 2025
10 Beds
-- Bath
11,481 Sq Ft
7,436 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

33% Below List Price

59 Days on Market

Highlights

  • 0.17 Acre Lot
  • Wood Flooring
  • Hot Water Heating System
  • Property is near public transit

About This Home

As of July 2025

Location, location, location! This bank owned 10 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 @ 3382 Bailey is 12 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! This property needs repairs and updates throughout.

Last Agent to Sell the Property

Renee J. Moran

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

Last Buyer's Agent

Denice Taylor

Listing by Affordable Dreams Real Estate, Inc License #10311206263

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1900

Lot Details

  • 7,434 Sq Ft Lot
  • Lot Dimensions are 60x123

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 10 Bedrooms
  • 11,481 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 10 Units

Listing and Financial Details

  • Rent includes heat, snow removal, trash collection, water
  • Tax Lot 25
  • Assessor Parcel Number 140200-079-640-0004-025-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,498

Year Built

Built in 1900

Lot Details

7,434 Sq Ft Lot

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Heat, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • Attribution Contact: 716-866-8361
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On Bailey at Lisbon
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Acres: 0.1707
  • Waterfront: No
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None, No Driveway, No Garage

Utilities

  • Heating: 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: 140200-079-640-0004-025-000
  • Lot Dimensions: 60X123
  • Lot Size Sq Ft: 7434.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 5498.0
  • Tax Lot: 25
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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
07/14/2025 07/14/25 Sold $470,000 -30.4% $41 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/27/2024 08/27/24 Price Changed $675,000 -3.6% $59 / Sq Ft
07/23/2024 07/23/24 For Sale $700,000 -- $61 / 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 $1,950 $348,000 $7,500 $340,500
2023 $1,763 $348,000 $7,500 $340,500
2022 $1,750 $348,000 $7,500 $340,500
2021 $1,750 $348,000 $7,500 $340,500
2020 $1,078 $348,000 $7,500 $340,500
2019 $5,384 $140,000 $10,800 $129,200
2018 $4,977 $140,000 $10,800 $129,200
2017 $833 $140,000 $10,800 $129,200
2016 $4,685 $140,000 $10,800 $129,200
2015 -- $140,000 $10,800 $129,200
2014 -- $140,000 $10,800 $129,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1551714

Western New York Real Estate Information Services (WNYREIS)
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