340 Elmwood Ave Buffalo, NY 14222
Elmwood-Bryant NeighborhoodEstimated payment $4,269/month
Highlights
- Property is near public transit
- Hot Water Heating System
- Rectangular Lot
- Wood Flooring
About This Home
340 Elmwood Ave. is a versatile 1900’s Victorian mansion situated on a visible and easily accessible Elmwood Village thoroughfare! The asset enjoys strong occupancy and is comprised of both apartments and a rooming house setup, (which is fully licensed). This product type fills a demanding housing option for many home seekers with limited budgets and need requirements. The property offers some off-street parking, common laundry facilities. All utilities included!
340 Elmwood is in very close in proximity to downtown Buffalo, N.Y., the Canadian border and all major thruway arteries in and out of the city of buffalo and surrounding suburb locations.
This is an excellent opportunity to utilize the property in the same format, or potentially setup as owner occupied use, or Bed and Breakfast services and/or or AIRBNB services.
The property enjoys strong occupancy with both leases and month to month tenancy. Updated mechanicals and roof.
several apartments come with appliances and the rooms have common and modern bathroom facilities n each floor that are professionally monitored and cleaned weekly!
340 Elmwood has direct access to public transportation and is close to the Medical coordinator and Buffalo CBD.
Listing Agent
Listing by Network One Realty Brokerage Phone: 716-874-3530 License #10371200173 Listed on: 01/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,077
Year Built
- Built in 1900
Lot Details
- 6,800 Sq Ft Lot
- Lot Dimensions are 34x200
- Rectangular Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 2 Bedrooms
- 4,970 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Vinyl
Parking
- 3 Parking Spaces
- No Garage
- Shared Driveway
Location
- Property is near public transit
Utilities
- Heating System Uses Gas
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 140200-100-610-0004-004-000
Community Details
Overview
- 12 Units
Building Details
- 1 Separate Gas Meter
- Operating Expense $24,818
- Gross Income $81,480
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 |
|---|---|---|---|---|
| 2024 | $1,647 | $325,000 | $68,000 | $257,000 |
| 2023 | $1,647 | $325,000 | $68,000 | $257,000 |
| 2022 | $1,634 | $325,000 | $68,000 | $257,000 |
| 2021 | $1,634 | $325,000 | $68,000 | $257,000 |
| 2020 | $770 | $325,000 | $68,000 | $257,000 |
| 2019 | $3,846 | $100,000 | $17,000 | $83,000 |
| 2018 | $3,555 | $100,000 | $17,000 | $83,000 |
| 2017 | $595 | $100,000 | $17,000 | $83,000 |
| 2016 | $3,347 | $100,000 | $17,000 | $83,000 |
| 2015 | -- | $100,000 | $17,000 | $83,000 |
| 2014 | -- | $100,000 | $17,000 | $83,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2025 05/18/25 | Price Changed | $675,000 | -3.6% | $136 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $699,900 | -- | $141 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $640,000 | None Available | |
| Warranty Deed | $325,000 | None Available | |
| Deed | $130,000 | None Available | |
| Corporate Deed | $30,001 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,575,000 | Commercial | |
| Previous Owner | $243,750 | Commercial |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1583499
APN: 140200-100-610-0004-004-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Homes.com, LLC are marked with the IDX logo and include the Listing Broker’s Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties
are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Homes.com, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
- 333 Elmwood Ave
- 343 Elmwood Ave
- 373 Elmwood Ave
- 216 Summer St Unit 3
- 403 Elmwood Ave
- 68 Norwood Ave
- 107 Oakland Place Unit 1
- 9 Mayfair Ln
- 180 Bryant St
- 233 Richmond Ave Unit 3
- 231 Richmond Ave Unit 4
- 187 Bryant St
- 176 North St
- 309 North St Unit 34
- 74 16th St
- 849 Delaware Ave Unit 302
- 849 Delaware Ave Unit 605
- 849 Delaware Ave Unit 704
- 849 Delaware Ave Unit 404
- 849 Delaware Ave Unit 205
- 77 Ashland Ave
- 211 Summer St
- 35 Norwood Ave Unit Upper
- 31 Norwood Ave Unit 1
- 33 Norwood Ave Unit Lower
- 114 Ashland Ave
- 264-266 Bryant St
- 242 Bryant St Unit 3A
- 236 Bryant St
- 334-346 Bryant St
- 328 Summer St Unit 5
- 448 Elmwood Ave
- 171 Richmond Ave Unit 1
- 225 Elmwood Ave
- 245 Bryant St
- 245 North St
- 175 North St
- 373 Bryant St Unit 1
- 140 Hodge Ave
- 471 Elmwood Ave