340 Elmwood AVE Buffalo, NY 14222
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Rooming House
Listing Status Active
Purchase Type For Sale
Square Footage 4,970 sqft
Price per Sqft $128
MLS Listing ID B1583499
Bedrooms 1
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $8,077
Lot Size 6,799 Sqft
Acres 0.1561
Lot Dimensions 34X200
Property Sub-Type Rooming House
Property Description
The asset enjoys strong occupancy and is comprised of both apartments and a rooming house setup, (which is fully licensed).
This product type fills a demanding housing option for many home seekers with limited budgets and need requirements.
The property offers some off-street parking, common laundry facilities. All utilities included!
340 Elmwood is in very close proximity to downtown Buffalo, N.Y., the Canadian border and all major thruway arteries in and out of the city of buffalo and surrounding suburb locations.
This is an excellent opportunity to utilize the property in the same format, or potentially setup as an owner occupied use, or possible Bed and Breakfast services and/or an AIRBNB service rental.
The property enjoys strong occupancy with both leases and month to month tenancy. There are updated mechanicals and roof.
several units come with appliances. The single rooms share two common and modern bathroom facilities, located on the 2nd and 3rd floors, and are professionally miantained monthly.
four of the rentals have their own private bath
340 Elmwood has direct access to public transportation and is close to the Medical coordinator and Buffalo CBD.
Location
State NY
County Erie
Area Buffalo City-140200
Direction 340 elmwood is between Summer St. and Bryant St.
Rooms
Basement Full
Interior
Heating Gas, Forced Air, Hot Water
Flooring Carpet, Hardwood, Other, See Remarks, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater, See Remarks
Laundry Coin-operated
Exterior
Exterior Feature Blacktop Driveway
Community Features Laundry Facilities
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage No
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Brick,Frame
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-100-610-0004-004-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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