Address
758 Elmwood Avenue, Buffalo, NY
Price
$ 1,750,000
Property Attributes
- MLS#B1520656
- TypeSingle Family
- CountyERIE
- CityBuffalo
- AreaBuffalo City
- Zip14222
- StyleDuplex
- Year Built1895
- Taxes$ 15944
- Price$ 1,750,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage11437
- Lot Size8,795 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description
This exceptional multi-use space is in the heart of Elmwood Village. Boasting three distinct commercial units, this property offers an ideal opportunity for entrepreneurs seeking a prime location for their ventures. Additionally, two thoughtfully updated apartments, each featuring two bedrooms and a full bathroom, provide comfortable and contemporary living spaces. Great opportunity for investors. The convenience of six dedicated parking spots enhances the appeal of this property, ensuring accessibility for both residents and businesses alike. Embrace the dynamic energy of Elmwood Village, where a thriving community, eclectic shops, and vibrant cultural experiences converge. This unique offering promises a harmonious blend of commercial potential and residential comfort in one of Buffalo's most sought-after neighborhoods. Current tenants occupy apartments and 2 commercial spaces (one yoga studio and one restaurant). 3rd retail space is currently vacant and on market to lease/sell. Month to month leases. Current rents are lower than market value due to pandemic. Income growth potential when rent is back to market value.
| Price History | |
|---|---|
| 2/9/2024 | Listed $1,750,000 |
General Features
| Heating | Gas,Zoned,ForcedAir |
|---|---|
| Cooling | Zoned,CentralAir |
| Utilities | CableAvailable,HighSpeedInternetAvailable,SewerAvailable,WaterAvailable |
| Possession | Closing,Negotiable |
| Roof | Asphalt |
| Appliances | GasWaterHeater |
| Exterior Features | Awnings,Deck |
| Garage Spaces | 0.0 |
| Patio/Porch Features | Deck |
| Architectural Style | Duplex |
| Construction Materials | VinylSiding |
| Year Built | 1895 |
| Stories | 3 |
| Township | Not Applicable |
| Property SubType | MixedUse |
| OwnerPays | GroundsCare,SnowRemoval |
| Business Type | Mixed |
| County | Erie |
| Net Operating Income | -15944.0 |
| Property Type | Residential |
| Rent Includes | CommonAreaMaintenance,Gardener,SnowRemoval |
| Status | Active |
| Directions | Elmwood Avenue between Auburn and Cleveland |
| City | Buffalo |
| High School District | Buffalo |
| Zoning Description | Residential Multi Use |
| Total Units | 2 |
| MLS Area | Buffalo City-140200 |
| Waterfront Y/N | No |
| Street Name | Elmwood |
| Year Built Details | Existing |
| Tax Annual Amount | 15944.0 |
| Property Condition | Resale |
| Standard Status | Active |
| Middle/Junior School District | Buffalo |
| Elementary School District | Buffalo |
| Tax Assessed Value | 725000 |
| TaxOtherAnnualAssessmentAmount | 942.0 |
| Tax Lot | 8 |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Hardwood,Tile,Varies |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Street Suffix | Avenue |
| Laundry Features | WasherHookup |
| Total Bedrooms | 4 |
| Total Baths | 2 |
Exterior Features
| Parking Features | OneSpace |
|---|---|
| Water Source | NotConnected,Public |
| Lot Size Area | 0.2019 |
| Building Area Total | 11437.0 |
| Lot Dimensions | 41X143 |
| Lot Size Acres | 0.2019 |
| Lot Size Units | Acres |
| Number of Separate Gas Meters | 2 |
| Number of Separate Electric Meters | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 14222
Price
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
