1030 Elmwood Ave Buffalo, NY 14222
This exceptional six-unit apartment building, located at 1030 Elmwood Avenue in Buffalo, New York, presents a compelling investment opportunity. Built in 1900 and completely renovated to like-new condition, this property boasts 7,164 square feet of living space. The building comprises four spacious three-bedroom units and two comfortable two-bedroom units, each featuring thoughtfully designed floor plans. Residents enjoy the convenience of high-efficiency central air conditioning and heating systems, energy-rated appliances, and separate utilities. Off-street parking is provided for added convenience. Safety features include a comprehensive fire suppression system. Recent upgrades include a new roof and balconies, ensuring long-term value and minimal maintenance needs. The property's enviable location in Buffalo's Elmwood Village places it within easy reach of Bidwell Park, SUNY Buffalo State University, a variety of shopping options, and major expressways, making it highly attractive to tenants. The asking price for this turnkey investment is $995,000. This meticulously maintained property offers a strong return on investment and a rare opportunity to acquire a well-positioned multifamily asset in a thriving urban neighborhood. The exceptional quality of the renovations and the desirable location combine to create a truly exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.