333 Elmwood Avenue Buffalo NY 14222 | B1436578

Location. Location. Location. In the heart of the Elmwood Village with so many salons, restaurants, shops, bars, gorgeous architecture, amazing gardens and so many other amenities. CASH COW with monthly rental income of $10,625.00 (annual income $121,125.00). 16 units rooming house with 1 bed apt, 4 studios and 11 rooms. 2 Additional bonus rooms are ready to be in use for storage or other needs. All big tickets were taken care of. The metal roof was power-washed and freshly painted. Brand new carpet throughout. The most parts of the interior were freshly painted and many other miscellaneous updates. The building offers low maintenance and directly managed by the owner. Formerly built as a hotel and perfect for Air B&B. The rear lot would be ideal for the redevelopment project of another 5+ apartment building. Very commutable and walkable. Just 5 minutes’ drive to Oishei Children hospital which employs 234 people and General Hospital Buffalo General Medical Center/Gates Vascular Institute where a total of 9675 people is working and closed to downtown areas of Buffalo. Add this CASH COW investment property to your portfolio.

Property Details

Price:
$1,269,000
MLS #:
B1436578
Status:
Active
Baths:
0.00
Address:
333 Elmwood Avenue
Type:
Commercial
City:
Buffalo
Listed Date:
Sep 29, 2022
State:
NY
Square Ft (approx):
9,684
ZIP:
14222
Lot Size:
10,000 sqft / 0.23 acres (approx)

Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater
Basement
Full, Partially Finished
Flooring
Carpet, Hardwood, Laminate, Resilient, Varies
Heating
Gas, Hot Water, Steam

Exterior

Community Features
Other, Storage Facilities, See Remarks
Exterior Features
Concrete Driveway
Lot Features
Other, Near Public Transit, Residential Lot, See Remarks
Lot Size Dimensions
50 X200
Roof
Metal
Stories
3

Financial

Tax Annual Amount
$8,452
Utilities
Sewer Connected, Water Connected

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333 Elmwood Avenue
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