2961 Bailey Avenue, Buffalo, NY 14215
Local realty services provided by:HUNT Real Estate ERA
2961 Bailey Avenue,Buffalo, NY 14215
$499,900
- 10 Beds
- - Baths
- 7,532 sq. ft.
- Multi-family
- Active
Listed by:sabbir ahmed
Office:towne housing real estate
MLS#:B1631280
Source:NY_GENRIS
Price summary
- Price:$499,900
- Price per sq. ft.:$66.37
About this home
2961 Bailey Ave – Prime Investment Opportunity!
Discover a well-maintained multi-family property in the heart of Buffalo, offering 10 income-generating units including a mix of one-bedroom, two-bedroom, three-bedroom, and a studio apartment. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors.
Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $900 per month, bringing in a solid monthly gross income of $8,100 and an annual gross potential of $97,200.
Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round.
Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns. Don't wait. Don't wait to lose this opportunity to own this cash-cow investment property. Showing starts immediately!
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Home facts
- Year built:1936
- Listing ID #:B1631280
- Added:39 day(s) ago
- Updated:September 21, 2025 at 03:01 PM
Rooms and interior
- Bedrooms:10
- Living area:7,532 sq. ft.
Heating and cooling
- Heating:Baseboard, Gas
Structure and exterior
- Roof:Shingle
- Year built:1936
- Building area:7,532 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$66.37
- Tax amount:$5,560
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