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    3957 Buffalo St Marion, NY 14505

    For Sale
    $185,000

    Three-unit property with income potential and renovation opportunity.

    Lot size:
    0.29 Acres

    Property Features for 3957 Buffalo St

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    1900

    Source: Empire Realty Group Agent Autumn E. Henning

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marion Triplex Investment Opportunity

    This three-family property in Marion presents an investment opportunity, featuring three separate units. Each unit includes 2 bedrooms and 1 bath, with private entrances, parking spaces, and separate utilities/meters. Two units are currently occupied and generating income. The third unit is vacant and ready for remodeling, offering the potential to build equity and increase rental income. All building materials in the vacant unit, including a new bathtub, will convey with the sale. Recent updates include a 5-year-old roof. One unit is equipped with laundry hookups. The property is being sold AS-IS, and only permits currently on file will be provided. This property is suitable for investors looking to expand their portfolio or for an owner-occupant seeking rental income.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Dental Office Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Wayne
    State
    New York
    Longitude
    -77.1914017
    Latitude
    43.1442106

    Nearby Similar for Sale

    • $280,000
      6,678 SF

      Mixed-Use Building in Marion, NY

      Income-producing mixed-use building with restaurant and apartments in Marion.
      3829 N Main St, Marion, NY 14505
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit property with income potential and renovation opportunity.
    Where is this triplex located?
    The property is located at 3957 Buffalo St Marion, NY.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Three separate 2-bedroom, 1-bath units, each with private entrance and parking.; - Two units are currently occupied and generating income.; - Vacant unit offers opportunity for remodel and increased rental income; building materials (including new bathtub) convey with sale.
    (315) 576-8383
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3957 Buffalo St Marion, NY 14505
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