423 Forest AVE, Buffalo, NY 14213
423 Forest AVE, Buffalo, NY 14213
423 Forest AVE, Buffalo, NY 14213
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Thomas (Tom) Mazzone

Thomas (Tom) Mazzone

+1(716) 310-3102
$629,000
Est. payment /mo
6 Beds
6,498 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,498 sqft

Price per Sqft $96

Subdivision Buffalo

MLS Listing ID B1714370

Bedrooms 6

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $10,377

Lot Size 3,950 Sqft

Acres 0.0907

Lot Dimensions 39X100

Property Sub-Type Other

Property Description

Prime location meets strong investment potential in this fully renovated 6-unit residential rental property. Situated just steps from Buffalo's vibrant Elmwood Village and within close proximity to Buffalo State University, the Albright Knox Art Museum (AKG), Burchfield Penney Art Center, and Buffalo Historical Museum. Completely renovated in 2014, the Forest Avenue Lofts offers a desirable blend of updated finishes and long-term rental stability. Improvements include updated kitchens and baths, plumbing, electrical, windows, and roof, providing peace of mind for ownership and continued appeal to tenants. The property features four spacious 2-bedroom apartments and two 3-bedroom apartments, offering a versatile unit mix attractive to a broad range of renters. Shared laundry adds convenience for residents. The property has been continuously occupied by long-term tenants, providing an established rental history and a strong foundation for an investor seeking a well-maintained, income-producing asset. With its exceptional location, substantial 2014 renovations, desirable unit mix, and proximity to some of Buffalo's most prominent cultural, educational, and neighborhood amenities, this is an excellent opportunity to acquire a stabilized 6-unit residential investment in one of the city's most sought-after areas.

Location

State NY

County Erie

Community Buffalo

Area Buffalo City-140200

Direction Forest Ave West of Elmwood Ave.

Rooms

Basement Partial

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Ceramic Tile, Hardwood, Varies

Fireplace No

Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Laundry Coin-operated

Exterior

Exterior Feature Deck

Community Features Laundry Facilities

Utilities Available Sewer Connected, Water Connected

Roof Type Flat,Membrane,Rubber

Porch Deck

Garage No

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Frame,Vinyl Siding

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-088-680-0005-002-000

Security Features Fire Escape

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by Howard Hanna WNY Inc. 716-713-5045

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423 Forest AVE

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