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157 Fargo Avenue Buffalo, NY 14201

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New
For Sale
$200,000

MULTI_FAMILY - Other - Buffalo, NY

Property size:
2,538 SF
Lot size:
0.19 Acres
Added:
Mar 30, 2026
Days on Market:
3
Last Refresh:
Apr 1 at 9:06 pm

Property Features for 157 Fargo Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Basement, Bedroom 4
Parking features
Offsite, On Street
Interior features
CeilingFans
Fireplace
1
Appliances
GasWaterHeater
Standard status
Active
APN
140200-099-750-0006-032-000
Size
2,538 SF
Lot size
0.19 Acres

Taxes and HOA fees

TaxAnnualAmount
3113

Utilities

Heating system
Natural Gas, Forced Air, Space Heater
Water source
Public

Building Details

Year built
1910
Floors in Building
2
Number of units
3
Flooring type
Varies, Tile, Carpet, Vinyl
Building materials
VinylSiding, CopperPlumbing
Roof type
Asphalt
Architectural style
Other

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Listing Contact
Nicholas M Lunetta

Listing agent Nicholas M Lunetta License #10401366040

Listing office MJ Peterson Real Estate Inc. 200 John James Audubon Ste 101, NY

Listing date Mar 30, 2026

MLS# B1670043

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Investment Property, Buffalo

This three-unit multifamily investment property is located in the West Side neighborhood of Buffalo, near Elmwood Village, Allentown, Kleinhans Music Hall, D'Youville University, shopping, dining, and public transportation. The property features three residential units: a 4-bedroom apartment, a studio/1-bedroom unit, and a 1-bedroom apartment, all with functional layouts. One unit is currently rented at $1,000 per month, with projected annual gross income exceeding $41,000. The property taxes are approximately $3,000 per year. Capital improvements include updated electrical service with three separate meters, vinyl siding, numerous vinyl replacement windows, and newer hot water tanks installed in 2018, 2022, and 2023. A high-efficiency furnace was installed in 2025. Interior spaces offer flexibility for owner-occupants or investors, with updated flooring and paint in select units and additional value-add potential. The property size is 2538 square feet and the lot size is 0.1934 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.888475
Latitude
42.901629

FAQs

What type of property is this?
Triplex - Three-unit multifamily property in Buffalo's West Side neighborhood.
Where is this triplex located?
The property is located at 157 Fargo Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Prime location in Buffalo's desirable West Side, near Elmwood Village, Allentown, Kleinhans Music Hall, and D'Youville University.; Strong income potential with projected annual gross income exceeding $41,000, one unit currently rented at $1,000 per month.; Low property taxes of approximately $3,000 per year.
More about this property
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