Properties

333 Elmwood Avenue
Buffalo, New York NY 14222
$1,209,000 Price
Active Status
9,684 SqFt
0.230 Acres
B1436578 Listing ID
Location. Location. Location. In the heart of the Elmwood Village with so many salons, restaurants, shops, bars, gorgeous architecture, amazing gardens and so many other amenities. CASH COW with monthly rental income of $10,625.00 (annual income $121,125.00). 16 units rooming house with 1 bed apt, 4 studios and 11 rooms. 2 Additional bonus rooms are ready to be in use for storage or other needs. All big tickets were taken care of. The metal roof was power-washed and freshly painted. Brand new carpet throughout. The most parts of the interior were freshly painted and many other miscellaneous updates. The building offers low maintenance and directly managed by the owner. Formerly built as a hotel and perfect for Air B&B. The rear lot would be ideal for the redevelopment project of another 5+ apartment building. Very commutable and walkable. Just 5 minutes’ drive to Oishei Children hospital which employs 234 people and General Hospital Buffalo General Medical Center/Gates Vascular Institute where a total of 9675 people is working and closed to downtown areas of Buffalo. Add this CASH COW investment property to your portfolio.
Schedule Showing
Status Active
County Erie
Property Type Commercial Sale
Commercial Sale
Property Sub Type Rooming House

Primary Features

County: Erie
Property Sub Type: Rooming House
Property Type: Commercial Sale

Additional

Documents Count: 3
Year Built Details: Existing

Interior

Appliances: Gas Water Heater
Basement: Full, Partially Finished
Fireplace: no
Flooring: Carpet, Hardwood, Laminate, Resilient, Varies
Heating: yes
Heating Type: Gas, Hot Water, Steam
Living Area: 9684
Stories: 3
Stories Total: 3

External

Construction Materials: Brick
Exterior Features: Concrete Driveway
Garage: no
Lot Features: Other, Near Public Transit, Residential Lot, See Remarks
Lot Size Area: 0.2296
Lot Size Dimensions: 50X200
Lot Size Square Feet: 10000
Number Of Separate Electric Meters: 1
Number Of Separate Gas Meters: 1
Number Of Units Total: 16
Parking Features: Three or more Spaces, Driveway, No Garage
Road Frontage Type: City Street
Roof: Metal
Sewer: Connected
Utilities: Sewer Connected, Water Connected
Water Source: Connected, Public

Location

City: Buffalo
City Region: Elmwood Strip
Community Features: Other, Storage Facilities, See Remarks
Elementary School District: Buffalo
High School District: Buffalo
Middle Or Junior School District: Buffalo
MLS Area Major: Buffalo City-140200
Township: Not Applicable
Waterfront: no

Financial

Gross Income: 138240
Net Operating Income: 97016
Operating Expense: 32772
Operating Expense Includes: Fuel, Insurance, Licenses, Maintenance, Trash, Utilities, Water/Sewer
Owner Pays: All Utilities, Electricity, Heat, Hot Water, Water
Possession: Closing
Rent Includes: All Utilities, Electricity, Heat, Hot Water, Water
Special Listing Conditions: Standard
Tax Annual Amount: 8452
Tax Assessed Value: 350000
Tax Lot: 36

Zoning Info


The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Kendev Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. The compensation offer is made only to Participants of the MLS where the listing is filed. Data last updated Sunday, February 5th, 2023 at 06:55:57 PM.
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Listing courtesy of Khaing Naing from Park Realty of WNY LLC (716) 507-7161

Contact - Listing ID B1436578

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Mary O'Brien

2746 Delaware Ave
Kenmore, NY 14217
Phone: 716-583-4445
Phone Alt: 716-998-9332
Fax: 716-874-3729

Data services provided by IDX Broker
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