373 Elmwood Avenue, Buffalo, NY 14222
Local realty services provided by:HUNT Real Estate ERA



373 Elmwood Avenue,Buffalo, NY 14222
$480,000
- 4 Beds
- - Baths
- 4,590 sq. ft.
- Multi-family
- Active
Listed by:carl p paladino
Office:carl p. paladino
MLS#:B1611639
Source:NY_GENRIS
Price summary
- Price:$480,000
- Price per sq. ft.:$104.58
About this home
This is a prime investment opportunity in one of Buffalo’s most sought-after neighborhoods. Located just outside the vibrant Elmwood Village, this fully occupied five-unit property at 373 Elmwood Ave is perfectly positioned between some of the area’s best restaurants, nightlife, and the bustling Allentown district. The building features two 1 bedrooms, two 2 bedrooms, and 1 studio, which was most recently rented and new finishes. Throughout the property, you’ll find charming white kitchens, with two units showcasing decorative fireplaces and one unit offering a private balcony.
The property includes a clean, well-maintained city basement with shared laundry facilities for tenant convenience. A large concrete lot behind the house provides ample off-street parking, a rare and valuable feature in this area. All units are currently leased, ensuring immediate rental income for the new owner. Public transit and downtown Buffalo are easily accessible, making it an attractive location for tenants.
From an investment perspective, this property benefits from strong rental demand in a high-growth market with limited inventory and rising property values. It has been professionally managed and maintained to ensure a smooth ownership transition. We can provide a full history of rent, renovations and upkeep upon request. This is an ideal turnkey asset for investors or property managers seeking stable cash flow in one of Buffalo’s most dynamic neighborhoods.
Don’t miss this rare chance to add a well-maintained, high-performing property to your portfolio. Contact us today for financials, rent roll, and to schedule a private tour.
Contact an agent
Home facts
- Year built:1930
- Listing Id #:B1611639
- Added:68 day(s) ago
- Updated:August 19, 2025 at 02:50 PM
Rooms and interior
- Bedrooms:4
- Living area:4,590 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water
Structure and exterior
- Roof:Asphalt
- Year built:1930
- Building area:4,590 sq. ft.
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$480,000
- Price per sq. ft.:$104.58
- Tax amount:$9,595
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