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Fully Rented Multifamily Building
For Sale
Contact for pricing
Pending

128 Colton Ave, Buffalo, NY 14218

Fourteen nearly identical units each include 2 bedrooms, a full bath, and a kitchenette, with separate electric metering.

Property SizeContact for details
Days on Market119

Property Features for 128 Colton Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 14
Listing Agency: HUNT Commercial
Listed By: Nick Corto · License #NY
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 18 at 8:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HUNT Commercial

Investment Insights

Based on property information with market context.

This 14-unit multifamily building is being offered for sale as fully rented. The units are nearly identical, each featuring two bedrooms, one full bath with ceramic finishes, a kitchenette, and a large living area with hardwood floors throughout.

Tenants pay separate electric, while gas and water are included in the rent. The property includes a solid poured foundation with a full basement, a coin-operated laundry in the basement, and individual storage units for tenants. Circuit breakers are separately metered.

Additional improvements include two boilers installed in 2021. A large parking lot is located in the rear for tenant convenience.

Key Highlights

  • Fully rented 14‑unit property in Lackawanna, NY with each unit nearly identical.
  • Each unit features 2 bedrooms, 1 full bath with ceramic tile, a kitchenette, large living space, and hardwood floors.
  • Tenants pay separate electric; gas and water are included in the rent.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Building Supply Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 14218, NY

20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fourteen nearly identical units each include 2 bedrooms, a full bath, and a kitchenette, with separate electric metering.
Where is this apartment building located?
The property is located at 128 Colton Ave Buffalo, NY.
What are key features of this property?
This property features: Fully rented 14‑unit property in Lackawanna, NY with each unit nearly identical.; Each unit features 2 bedrooms, 1 full bath with ceramic tile, a kitchenette, large living space, and hardwood floors.; Tenants pay separate electric; gas and water are included in the rent.
(716) 854-5943 Call to check price and availability
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