157 Fargo Avenue, Buffalo, NY 14201

Local realty services provided by:ERA Team VP Real Estate
157 Fargo Avenue,Buffalo, NY 14201
$225,000
  • 6 Beds
  • 3 Baths
  • 2,538 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas m lunetta, james j conley
Office: mj peterson real estate inc.
MLS#:B1660150
Source:NY_GENRIS

Price summary

  • Price:$225,000
  • Price per sq. ft.:$88.65

About this home

Location, location, location! Excellent opportunity to own a three-unit multifamily investment property with an included adjacent vacant lot in Buffalo’s highly desirable and appreciating West Side neighborhood. Located near Elmwood Village, Allentown, Kleinhans Music Hall, D’Youville University, shopping, dining, and public transportation, this property offers strong rental demand and long-term upside. The building features three residential units including a large 4-bedroom apartment, a studio/1-bedroom unit, and a well-updated 1-bedroom apartment, all with functional layouts and excellent income potential. One unit is currently rented at $1,000 per month, with projected annual gross income exceeding $41,000, while maintaining low annual property taxes of approximately $3,000—an ideal combination for cash flow and appreciation. Recent capital improvements include updated electrical service with three separate meters, vinyl siding, numerous vinyl replacement windows, newer

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Home facts

  • Year built:1910
  • Listing ID #:B1660150
  • Added:1 day(s) ago
  • Updated:January 29, 2026 at 08:40 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,538 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas, Space Heater

Structure and exterior

  • Roof:Asphalt
  • Year built:1910
  • Building area:2,538 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$88.65
  • Tax amount:$3,113

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