Seller's Agent in 2022
Ryan Burke
WNY Metro Roberts Realty
(716) 572-2848
14 in this area
208 Total Sales
429 Prospect Ave Buffalo, NY 14201
West Side Neighborhood
--
Bed
--
Bath
5,860
Sq Ft
8,250
Sq Ft Lot
Highlights
- 0.19 Acre Lot
- Wood Flooring
- Forced Air Heating System
- Property is near public transit
About This Home
As of May 2022*Interior pictures coming soon.* Welcome to this all brick 5 unit building located in historic and architecturally charming West Side neighborhood one block from Niagara Street and a few blocks from D'Youville College. This building is mechanically and structurally sound, roof/gutters and flashing are approximately 10 years old. There is off street parking with room to add more spots. The building consists of 4 (2) bedroom units and 1 (3) bedroom unit, with 5 gas meters and 5 electric meters. Currently 2 out of the 5 units are rented on a M2M basis and tenants are current on rental obligations. The 3 vacant units have been recently renovated and are ready for you to choose your own tenants! Potential gross income: $67,200, and after all expenses (including 10% management, 5% maintenance/repair and 5% vacancy) offering a 8.5% cap rate. Delayed showings until 3/21/22. Open House Saturday 3/26 from 1-3pm and Sunday 3/27 1-3pm. Offers are due 3/30 at 1pm.
Last Agent to Sell the Property
Listing by WNY Metro Roberts Realty License #10301222154 Listed on: 03/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,006
Year Built
- Built in 1900
Lot Details
- 8,250 Sq Ft Lot
- Lot Dimensions are 50x165
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,860 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven
- Gas Range
Flooring
- Wood
- Carpet
- Vinyl
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 5 Units
- 5 Separate Gas Meters
Listing and Financial Details
- Rent includes trash collection, water
- Tax Lot 28
- Assessor Parcel Number 140200-099-830-0004-028-000
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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 |
|---|---|---|---|---|
| 05/24/2022 05/24/22 | Sold | $550,000 | +10.0% | $94 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
| 03/07/2022 03/07/22 | For Sale | $500,000 | -- | $85 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
Tax History Compared to Growth
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 | $1,513 | $270,000 | $41,300 | $228,700 |
| 2023 | $1,368 | $270,000 | $41,300 | $228,700 |
| 2022 | $1,358 | $270,000 | $41,300 | $228,700 |
| 2021 | $1,358 | $270,000 | $41,300 | $228,700 |
| 2020 | $693 | $270,000 | $41,300 | $228,700 |
| 2019 | $3,461 | $90,000 | $8,300 | $81,700 |
| 2018 | $3,200 | $90,000 | $8,300 | $81,700 |
| 2017 | $535 | $90,000 | $8,300 | $81,700 |
| 2016 | $3,012 | $90,000 | $8,300 | $81,700 |
| 2015 | -- | $90,000 | $8,300 | $81,700 |
| 2014 | -- | $90,000 | $8,300 | $81,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Burke
-
Nicholas Giambra
Seller Co-Listing Agent in 2022
Nicholas Giambra
Iconic Real Estate
(716) 670-3721
21 in this area
171 Total Sales
-
Matt Kane
M
Buyer's Agent in 2022
Matt Kane
Casey Kane Real Estate LLC
(716) 352-7567
1 in this area
22 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1392058
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