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

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Home facts

  • Year built:1936
  • Listing Id #:B1631280
  • Added:1 day(s) ago
  • Updated:August 18, 2025 at 03:28 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