Property profile

1030 Elmwood Ave Buffalo, NY 14222

OFF-MARKET
Apartment buildings
Property ID
US63-6098455
7,164 SF Built 1900
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 1900
Total area 7,164 SF
UPID US63-6098455

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1030 Elmwood Ave Buffalo, NY 14222
Buffalo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1030 Elmwood Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message