308, 318, 348 Virginia Street, Buffalo, NY 14201

Local realty services provided by:HUNT Real Estate ERA
308, 318, 348 Virginia Street,Buffalo, NY 14201
$1,250,000
Virtual Tour
  • 13 Beds
  • - Baths
  • 5,655 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas corto
Office: hunt commercial real estate corp. of buffalo new york
MLS#:B1650978
Source:NY_GENRIS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$221.04

About this home

Excellent opportunity to acquire a 13-unit cash-flowing portfolio of three multi-family properties spanning 13,511 square feet along Virginia Street in Buffalo’s highly desirable West Side/Allentown corridor. This portfolio includes 308 Virginia St, 318 Virginia St, and 348 Virginia St. All properties feature stable tenancy, strong rental history, and consistent occupancy, making this an ideal addition for investors seeking reliable income in a high-demand rental market. Gross Rent=$11,875 per month, $142,500 annual gross. NOI = $102,532/YR, 8.20% ASKING CAP RATE. A variety of units - Three 3-bedroom, Two 2-bedroom, and Seven 1-bedroom units, offering flexibility in rental offerings to new tenants. The properties offer well-maintained units, solid mechanicals, providing a turnkey operation with limited immediate maintenance needs. Tenants pay for their own electric and 7 of 13 pay for their own heat (6 are paid by landlord). Capital improvements recently addressed roof, boiler,

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:B1650978
  • Added:1 day(s) ago
  • Updated:November 19, 2025 at 01:42 AM

Rooms and interior

  • Bedrooms:13
  • Living area:5,655 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas, Radiant

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:5,655 sq. ft.
  • Lot area:0.07 Acres

Utilities

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

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$221.04
  • Tax amount:$18,673

New listings near 308, 318, 348 Virginia Street