NOT LISTED FOR SALE

Estimated Value: $167,070 - $205,000

5 Beds
3 Baths
2,300 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $88,000 $38 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,004/month

6 Days on Market

Highlights

  • Wood Flooring
  • Property is near bus stop
  • 2-minute walk to Tyler Likos Memorial Park
  • Full Attic
  • Multiple Heating Units

About This Home

As of May 2018

Fantastic opportunity to invest in this cash cow in minutes from Larkin Square. 2 of the 3 units at tenant occupied with rents below market value at $450 and $500, and one remodeled unit is vacant for another tenant or to owner occupy. Property is separately metered and has a solid foundation. One section of the roof is 6 years old and the other section is 1.5 years old. Financial information attached in the supplements. NOI (with unrented unit at $600) is $14,229.37 and at $109,000 provides a capitalization rate of 13%.

Last Agent to Sell the Property

Nicholas Giambra

Listing by Iconic Real Estate License #10301221885 Listed on: 06/29/2017

Last Buyer's Agent

Barbara Castillo

Listing by WNY Metro Roberts Realty License #10401243077

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $704

Year Built

  • Built in 1880

Lot Details

  • 5,099 Sq Ft Lot
  • Lot Dimensions are 105 x 48

Parking

  • No Driveway

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Kitchen

  • Electric Cooktop
  • Microwave

Flooring

  • Wood
  • Laminate

Location

  • Property is near bus stop

Utilities

  • Multiple Heating Units
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Available
  • Gas Water Heater

Listing and Financial Details

  • Rent includes water
  • Tax Lot 13
  • Assessor Parcel Number 140200-111-830-0002-013-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $1,651
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$704

Year Built

Built in 1880

Lot Details

5,099 Sq Ft Lot

Listing Details

  • Annual Operating Expenses: 1651
  • NY Swis Code: Buffalo City-140200
  • Total Assessed Value: 28900
  • Foundation Description: Stone
  • Gross Annual Income: 18600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 105
  • Lot Dimension Front: 48
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 13
  • Nearest Cross Street: Lord
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 751494.45
  • Ratio Close Price By Sq Ft: 38.26
  • Ratio List Price By Acres: 845431.26
  • Ratio List Price By Sq Ft: 43.04
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • School Tax: 258
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5099
  • Age of Building: 142
  • Year Built: 1880
  • Directions To Property: On the corner of Division Street and Lord Street
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Kitchen Appliances Included: Cooktop - Electric, Microwave
  • Total Sq Ft: 2300

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.1171

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: No Driveway

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Wall Furnace
  • Number of Gas Meters: 3
  • Number of Heating Units: 4
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 140200-111-830-0002-013-000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 704

MLS Schools

  • School District Name: Buffalo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Bui Phong D and Park Christopher I
Bought by
So Sy Llc
Current Estimated Value
$180,690

Purchase Details

Listed on
Jun 29, 2017
Closed on
May 23, 2018
Sold by
Cruz Jose
Bought by
Bi Phong D and Park Christopher I
Seller's Agent
Nicholas Giambra
Iconic Real Estate
Buyer's Agent
Barbara Castillo
WNY Metro Roberts Realty
List Price
$109,000
Sold Price
$88,000
Premium/Discount to List
-$21,000
-19.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$67,125
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
So Sy Llc $150,000 Old Republic Natl Ttl Ins Co
Bi Phong D $89,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bi Phong D $67,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $88,000 -11.1% $38 / Sq Ft
07/17/2017 07/17/17 Price Changed $99,000 -9.2% $43 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $109,000 -- $47 / 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 $471 $84,000 $2,800 $81,200
2023 $426 $84,000 $2,800 $81,200
2022 $422 $84,000 $2,800 $81,200
2021 $422 $84,000 $2,800 $81,200
2020 $222 $84,000 $2,800 $81,200
2019 $793 $28,900 $2,200 $26,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1058779

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-111-830-0002-013-000

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