1831 S Park Avenue, Buffalo, NY 14220
Local realty services provided by:Team VP Real Estate
1831 S Park Avenue,Buffalo, NY 14220
$250,000
- 4 Beds
- 4 Baths
- 5,392 sq. ft.
- Multi-family
- Active
Listed by: ezra littman
Office: atlas realty trading co llc.
MLS#:B1670720
Source:NY_GENRIS
Price summary
- Price:$250,000
- Price per sq. ft.:$46.36
About this home
Endless opportunity with this 4-unit property in the heart of South Buffalo! This value-add asset is primed for stabilization and offers strong upside potential for the right investor. The vacant three residential units consist of two spacious 2-bedroom units with market rents projected at $1,200/month each. One studio unit with a walk-out porch, which has an estimated rent of $950/month. A storefront with an existing tenant currently on a month-to-month lease who is open to signing a longer-term agreement. This brings the total stabilized rent to $4350 per month and $52,200 per year. Recent updates include newer windows, updated electrical service, a new furnace for the commercial space, and hardwood floors throughout much of the property. This is a great Brrrr opportunity for an investor looking for cash flow on the appreciating rents in South Buffalo. The carriage house next door is also available for a package deal.
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Home facts
- Year built:1900
- Listing ID #:B1670720
- Added:83 day(s) ago
- Updated:June 24, 2026 at 03:32 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood, Varies
- Basement:Yes
- Basement Description:Full
- Living area:5,392 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Gas
Structure and exterior
- Year built:1900
- Building area:5,392 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Near Public Transit, Rectangular
- Levels:3 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$46.36
- Tax amount:$2,967
Parking
- Parking description:Concrete Driveway
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