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Property profile & analytics
OFF-MARKET
Commercial real estate

1030 Elmwood Ave Buffalo, NY 14222

7,164 SF Built 1900
Property ID
US63-6098455
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 Commercial real estate
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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