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Historic Apartments in Medical Corridor
For Sale
$975,000

97 Linwood Avenue, Buffalo, NY 14209

Buffalo apartments with investment potential in a sought-after location.

Property Size10,969 SF
Price / SF$88.89
Days on Market205

Property Features for 97 Linwood Avenue

General Information

Standard status Active
Size 10,969 SF
Property subtype Multi Family
Listing Agency: Network One Realty
Listed By: Michael F Battaglia · License #10371200173
Source: Nicholcityrealty
Added: Mar 26 Changed: Oct 11 Last Checked: Oct 14 at 10:41PM

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 Network One Realty

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Investment Insights

Based on property information with market context.

The property at 97 Linwood Ave, Buffalo, NY, presents a real estate opportunity with 12 studio and 1-bedroom apartments. The property has an 80% leased occupancy. Electric and water are included in the rent, while gas is tenant-paid. Located in the Medical Corridor, the building is accessible via public transportation and major highways. This property includes appliances and coin-operated laundry for tenant use. The building features a historical mansion design and ample off-street parking. The property offers a "value add" opportunity for investors looking to grow their portfolio. The property size is 10969 square feet.

Key Highlights

  • Prime location in the bustling Medical Corridor of Buffalo, NY.
  • Solid investment potential with 80% leased occupancy.
  • "Value add" opportunity with potential for increased revenue.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Kitchen & Bath Showroom Butcher Plumbing 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.

Location Intelligence

Trade Area within ½ mile

4,267
Businesses Nearby

Demographics for 14209, NY

8,251
Population
4,729
Households
1.7
Avg Household Size
39
Median Age
46%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
8,251
Density / Sq Mi
$49,359
Median Household Income
$33,329
Median Earnings
$1,025
Median Rent
$408,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Buffalo apartments with investment potential in a sought-after location.
Where is this apartment building located?
The property is located at 97 Linwood Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Prime location in the bustling Medical Corridor of Buffalo, NY.; Solid investment potential with 80% leased occupancy.; "Value add" opportunity with potential for increased revenue.
More about this property
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