643-647 West, Buffalo, NY 14213 | B1431293 | HUNT Real Estate

643-647 West $1,300,000


    643-647 West Buffalo, NY 14213

    • 10,493 sq. ft.
    • 0.25 Acres
    • Commercial
    • MLS# B1431293
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    Views: 20 Days On Site: 92

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    Property Details

    Incredible investment opportunity on Buffalo's West Side. Fourteen unit apartment complex with a gross monthly rent of $11,390! All units are occupied with leases. Each unit has separate gas and electric meters. This property is a CASH COW. There are 12 units in one of the buildings with an average monthly rent of $800. There is a two unit property included and the total rent in that building is $2300. This complex shows very well as most of the units have recently been updated. The two unit has been renovated from top to bottom, has a new tear off roof and is in A+ condition. Both buildings were vinyl sided this year. Invest in this property, collect the guaranteed rent, self manage and enjoy the appreciation in value over time. Prime location is near several colleges/universities, Elmwood Village, Allentown, Downtown, the Buffalo Niagara Medical Campus, Museums, Art Galleries, restaurants, shopping and the highway.

    • General Features
      • Waterfront Y/N 0
      • YearBuilt 1915
      • Area Buffalo City-140200
      • Tax Annual Amount $9,188
    • Building Features
      • Appliances Refrigerator
      • Basement Full,Partial
      • Building Area Total 10493
      • Exterior Features Awning(s), Deck, Patio
      • Garage Spaces 0
      • Patio And Porch Features Deck, Patio
      • Number Of Units Total 14
      • Roof Flat
      • Garage Y/N 0
      • Heating Gas, Forced Air
      • Heating Y/N 1
    • Property Features
      • Lot Features Residential Lot
      • Lot Size Acres 0.2463
      • Lot Size Dimensions 72X149
      • Parking Features Three or more Spaces, Driveway



    14213 (Buffalo) Demographics

    30 Median Age
    9,327 Population Density (per sq. mile)
    37% College Educated
    $42,050 Estimated Median Income
    3,164 Estimated Total Home Owners
    5,687 Estimated Total Renters
    36% / 64% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,132 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $130,000 Median Sales Price
    3 Homes Sold
    11 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,300,000
        11/23/2022 2:44:01 PM Status Changed Source: Multiple Listing Service New Value: Pending
        11/8/2022 7:59:09 PM Status Changed Source: Multiple Listing Service New Value: Active
        11/2/2022 3:29:38 PM Status Changed Source: Multiple Listing Service New Value: Pending
        10/8/2022 6:14:12 PM Price Reduced Source: Multiple Listing Service New Value: $1,300,000 -7.14%
        9/1/2022 4:00:00 PM New in Database Source: Multiple Listing Service New Value: $1,400,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.