Seller's Agent in 2025
Louis Vinci
Howard Hanna
(716) 913-4858
4 in this area
249 Total Sales
447 Potomac Ave Buffalo, NY 14213
Elmwood Bidwell Neighborhood
6
Beds
2
Baths
2,400
Sq Ft
4,672
Sq Ft Lot
Highlights
- Wood Flooring
- Forced Air Heating System
- Rectangular Lot
- Patio
- Laundry Facilities
- Partially Fenced Property
About This Home
As of June 2025Prime Investment Opportunity! Discover this well-maintained 3/3 double offering solid cash flow potential. Each unit boasts 3 good sized bedrooms, gleaming original woodwork, spacious kitchens with ample counter and storage space, wonderful natural light, and more. Upper unit has a rear enclosed patio for 3 seasons enjoyment and an open front patio for dining al fresco. Separate utilities. Full basement and attic. Many upgrades including electric, breakers, 2 new HE furnaces in 2015 and 2018, and roof (2015). This property is the perfect addition to your investment portfolio or a solid place to call home when collecting rental income to offset your mortgage. Phenomenal location, just a stone’s throw from all the best that Buffalo has to offer such as Elmwood Village, Delaware Park, AKG Art Museum, Bidwell Farmer's Market, restaurants, and shopping.
Last Agent to Sell the Property
Listing by Howard Hanna WNY Inc. Brokerage Phone: 716-913-4858 License #30VI0633092 Listed on: 04/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,098
Year Built
- Built in 1900
Lot Details
- 4,672 Sq Ft Lot
- Lot Dimensions are 32x146
- Partially Fenced Property
- Rectangular Lot
Home Design
- Siding
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Rent includes trash collection, water
- Tax Lot 15
- Assessor Parcel Number 140200-088-760-0005-015-000
Community Details
Building Details
- 2 Separate Gas Meters
- Operating Expense $5,400
- Gross Income $23,400
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
Jun 26, 2025
Sold by
Lam Development Llc
Bought by
Patterson Jonathan and Hanson Samantha
Seller's Agent
Louis Vinci
Howard Hanna WNY Inc.
Buyer's Agent
Robert Karp
Realty ONE Group Empower
List Price
$399,777
Sold Price
$375,000
Premium/Discount to List
-$24,777
-6.2%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,876
Avg. Annual Appreciation
5.03%
Original Mortgage
$333,000
Outstanding Balance
$331,868
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$53,008
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $375,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $333,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $375,000 | -6.2% | $156 / Sq Ft |
| 04/30/2025 04/30/25 | Pending | -- | -- | -- |
| 04/07/2025 04/07/25 | For Sale | $399,777 | -- | $167 / 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 | $970 | $173,000 | $22,300 | $150,700 |
| 2023 | $877 | $173,000 | $22,300 | $150,700 |
| 2022 | $870 | $173,000 | $22,300 | $150,700 |
| 2021 | $870 | $173,000 | $22,300 | $150,700 |
| 2020 | $793 | $173,000 | $22,300 | $150,700 |
| 2019 | $2,826 | $103,000 | $11,400 | $91,600 |
| 2018 | $2,659 | $103,000 | $11,400 | $91,600 |
| 2017 | $613 | $103,000 | $11,400 | $91,600 |
| 2016 | $2,507 | $103,000 | $11,400 | $91,600 |
| 2015 | -- | $103,000 | $11,400 | $91,600 |
| 2014 | -- | $103,000 | $11,400 | $91,600 |
Source: Public Records
Agents Affiliated with this Home
-
Louis Vinci
-
Robert Karp
Buyer's Agent in 2025
Robert Karp
Realty ONE Group Empower
(716) 553-9963
15 in this area
178 Total Sales
Map
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1598038
APN: 140200-088-760-0005-015-000
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