Property contains (2) buildings with potential for (14) apartments. Southern building is a gutted shell with no services to it but has the potential for +/- 8 new apartments. Renovations would require architectural plans, permits, etc. and new infrastructure to the building. Northern building has 6 existing, older apartments that are partially leased. Adjacent lot can be sold, but is not part of the purchase price.
Introducing Virginia Street Apartments- a stunning 13-unit apartment building that has undergone a complete transformation! This architectural gem was meticulously remodeled in 2018/19 to meet the demands of the modern tenant. Each apartment boasts luxurious amenities, including exquisite granite counter tops and elegant tile bathrooms. The building's infrastructure has also been updated to ensure a seamless living experience. A new water line to the street, coin operated washer/dryers. along with all-new furnaces and AC units, guarantees that residents will enjoy optimal functionality and efficiency year-round. With many long-term tenants, there is a fantastic opportunity to increase rental rates and maximize your investment potential. Don't miss out on the chance to own this unique property in the heart of Buffalo!
Check out this all-brick building located in the Lower West side, just steps away from downtown. It is located in the West Village Historic district. This mixed use property consists of four, 2-bedroom units and a commercial space on Niagara Street that currently houses a long time barbershop tenant. One of the four apartments is occupied and the other three are vacant and available to see. PLEASE ONLY PLAN TO SEE THE BARBERSHOP AND OCCUPIED UNIT UPON A SECOND APPROVED VIEWING. Vacant apartments are easy to see. The vacant apartments need a varying amount of renovation. Offers will be reviewed as they are received. Sewer tax is $428.83 annually. Also listed as a commercial property, under B1513004.
The median home value in Buffalo, NY is $204,600. This is lower than the county median home value of $231,300. The national median home value is $338,100. The average price of homes sold in Buffalo, NY is $204,600. Approximately 36.9% of Buffalo homes are owned, compared to 49.49% rented, while 13.61% are vacant. Buffalo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Buffalo real estate agent to arrange a tour today!
Buffalo, New York 14201 has a population of 276,011. Buffalo 14201 is less family-centric than the surrounding county with 21.66% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Buffalo, New York 14201 is $42,186. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Buffalo 14201 is 33.9 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 38.5 inches per year, with 84.8 inches of snow per year.