450 Colvin AVE, Buffalo, NY 14216
450 Colvin AVE, Buffalo, NY 14216
450 Colvin AVE, Buffalo, NY 14216
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Thomas (Tom) Mazzone

Thomas (Tom) Mazzone

+1(716) 310-3102
$1,400,000
Est. payment /mo
12 Beds
3,924 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,924 sqft

Price per Sqft $356

MLS Listing ID B1719012

Bedrooms 12

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $14,935

Lot Size 5,248 Sqft

Acres 0.1205

Lot Dimensions 35X150

Property Sub-Type Other

Property Description

Welcome to an excellent opportunity to own a three-property investment portfolio in North Buffalo! Each property features four one-bedroom apartments, for a total of 12 units. The other two properties are 255 Saranac Ave, Buffalo, NY 14216 and 2500 Delaware Ave, Buffalo, NY 14216. The portfolio is approximately 75% occupied and is being sold as one package. A great opportunity for investors looking to expand their rental portfolio with multiple income-producing properties in a desirable Buffalo location. When fully leased, the properties are projected to generate more than $160,000 in annual revenue, with additional upside and the potential for an even greater return. “Some photos have been AI-enhanced for brightness and tenant privacy"

Location

State NY

County Erie

Area Buffalo City-140200

Rooms

Basement Full

Interior

Heating Gas, Baseboard

Flooring Carpet, Laminate, Varies, Vinyl

Fireplace No

Appliance Appliances Negotiable, Gas Water Heater

Exterior

Exterior Feature See Remarks

Community Features None

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-078-490-0005-016-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Symphony Real Estate LLC

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450 Colvin AVE

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