333 Elmwood Avenue Buffalo NY 14222 | B1475063

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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 $10,670.00 (Gross annual income $128,040.00). 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. 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 and close to downtown areas of Buffalo. Add this CASH COW investment property to your portfolio.

Property Details

Price:
$1
MLS #:
B1475063
Status:
Active
Beds:
1
Baths:
0
Address:
333 Elmwood Avenue
Type:
Commercial
City:
Buffalo
Listed Date:
Jun 1, 2023
State:
NY
Finished Sq Ft:
9,684
ZIP:
14222
Subdivision:
Elmwood Strip
Lot Size:
10,000 sqft / 0.23 acres (approx)
Year Built:
1910

Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater, See Remarks
Flooring
Carpet, Hardwood, Resilient, Varies
Heating
Gas, Steam

Exterior

Community Features
Other, See Remarks
Construction Materials
Brick, Stone
Exterior Features
Blacktop Driveway, Barbecue
Parking Features
Threeormore Spaces, Driveway, Garage, No Garage
Roof
Metal

Financial

Buyer Agent Compensation
2%
Net Operating Income
$88,604
Taxes
$6,664

Map

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333 Elmwood Avenue
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