630 Hertel Ave Buffalo, NY 14207
West Hertel NeighborhoodEstimated payment $4,610/month
Highlights
- Property is near public transit
- Forced Air Heating System
- Wood Siding
- City Honors School At Fosdick Masten Park Rated A
- 2 Car Garage
About This Home
TURNKEY 4-UNIT INVESTMENT PROPERTY | FULLY OCCUPIED | $63,000 CURRENT ANNUAL RENT | EXTENSIVELY UPDATED
Excellent opportunity to acquire an extensively updated 4-unit multifamily property on Hertel Ave. in Buffalo. The approximately 4,550 sq. ft. building features four spacious 2-bedroom, 1-bath apartments, all currently occupied by established tenants.
Current rental income is $5,250 per month, or $63,000 annually. Three apartments currently rent for $1,300 per month, while one apartment rents for $1,350 per month. Stabilized tenancies are in place across all four units, with most apartments operating under lease agreements, providing an investor with income in place from day one.
UNIT-SPECIFIC FEATURES
Apartment 1: Bathroom features an integrated fan/speaker system with nightlight and daylight settings, along with a slate-stone electric fireplace.
Unit 2: Features a bonus room with a sauna and hot tub, providing a distinctive amenity that sets this unit apart.
Unit 3: Features a private balcony and a living room with wall-to-wall cabinetry, glass shelving, a fireplace mantel, and an electric fireplace.
Unit 4: Features a bonus storage room/office space and RGB LED recessed lighting in the kit & bathroom.
All units have separate utilities, with tenants responsible for their own gas and electric. This provides an investor with excellent control of operating expenses & helps maximize the property's net operating income.
The apartments have been substantially remodeled and well maintained, including updated kits, bathrooms, flooring, windows, doors, and appliances. 2 apartments received new refrigerators stoves, & microwaves last year, while the other 2 apartments received new refrigerators, stoves, and microwaves this year. Major mechanical improvements include two boilers replaced last year, providing a significant recent capital improvement.
The property also includes a large detached 2+ car garage with a new roof. The entire exterior of the garage has been completely updated and freshly painted, rental is anticipated to generate approximately $300 per mo. also 3 parking spaces & newly redone blacktop driveway.
Listing Agent
Listing by CENTURY 21 Balesteri Real Estate Brokerage Phone: 716-837-7000 License #31BA0753284 Listed on: 09/26/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,113
Year Built
- Built in 1904
Lot Details
- 5,182 Sq Ft Lot
- Lot Dimensions are 38x136
- Irregular Lot
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Wood Siding
- Vinyl Siding
Interior Spaces
- 4,550 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 4 Units
- 4 Separate Gas Meters
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 140200-077-680-0003-022-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $729 | $231,800 | $13,400 | $218,400 |
| 2024 | $729 | $130,000 | $4,500 | $125,500 |
| 2023 | $659 | $130,000 | $4,500 | $125,500 |
| 2022 | $654 | $130,000 | $4,500 | $125,500 |
| 2021 | $654 | $130,000 | $4,500 | $125,500 |
| 2020 | $369 | $130,000 | $4,500 | $125,500 |
| 2019 | $1,846 | $48,000 | $9,000 | $39,000 |
| 2018 | $1,706 | $48,000 | $9,000 | $39,000 |
| 2017 | $286 | $48,000 | $9,000 | $39,000 |
| 2016 | $1,606 | $48,000 | $9,000 | $39,000 |
| 2015 | -- | $48,000 | $9,000 | $39,000 |
| 2014 | -- | $48,000 | $9,000 | $39,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/28/2026 09/28/26 | For Sale | $750,000 | 0.0% | $165 / Sq Ft | |
| 09/26/2026 09/26/26 | Off Market | $750,000 | -- | -- | |
| 09/26/2026 09/26/26 | For Sale | $750,000 | +477.4% | $165 / Sq Ft | |
| 10/03/2017 10/03/17 | Sold | $129,900 | 0.0% | $29 / Sq Ft | View Prior Sale |
| 06/06/2017 06/06/17 | Pending | -- | -- | -- | |
| 06/01/2017 06/01/17 | For Sale | $129,900 | -- | $29 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $129,900 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $127,546 | FHA |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1717451
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