NOT LISTED FOR SALE

Estimated Value: $146,000 - $162,000

5 Beds
3 Baths
2,300 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2018

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

Est. 72% increase in value since last sale

Current estimated payment $859 / mo

6 Days on Market

Highlights

  • Property is near public transit
  • Heating System Uses Gas
  • 2-minute walk to Tyler Likos Memorial Park
  • Wood Flooring

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 Giambra Realty Corp License #10311210668 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 48x105

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Electric Cooktop
  • Microwave

Flooring

  • Wood
  • Laminate

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • 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 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

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1880
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: On the corner of Division Street and Lord Street
  • Architectural Style: Triplex
  • Flooring: Hardwood, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Gas Water Heater, Microwave
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1171
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Driveway, Other, See Remarks

Utilities

  • Heating: Gas, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-111-830-0002-013-000
  • Lot Dimensions: 48X105
  • Lot Size Sq Ft: 5099.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 18600.0
  • Annual Operating Expense: 1651.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 704.0
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Bui Phong and Park Christopher I
Bought by
So Sy Llc
Current Estimated Value
$151,540

Purchase Details

Listed on
Jun 29, 2017
Closed on
May 23, 2018
Sold by
Cruz Jose
Bought by
Bi Phong and Park Christopher I
Seller's Agent
Nicholas Giambra
Giambra Realty Corp
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
7.01%
Original Mortgage
$67,125
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 Borrower Loan Amount
Previous Owner Bi Phong $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
2025 -- $178,000 $14,000 $164,000
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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