BACK ON MARKET – not the Seller’s fault! Buyer had financing challenges.
Class C, 4-Unit, N-2R zoned property between Cold Springs and Elmwood Village being sold at a 9.6% Cap Rate. Two units receive public assistance, deferred maintenance includes two 30 year old furnaces. Structural reinforcement applied. Comparable properties have sold for an average of $481,833 comps available for review. Seller is selling below market value mindful of the deferred maintenance costs. Water tanks range in age from 2020 to 2024. PROS: Market rents $3,850 per month. Attic has enough space to be developed into a 5th unit with proper permits. Being sold AS-IS.
Class C, 4-Unit, N-2R zoned property between Cold Springs and Elmwood Village being sold at a 9.6% Cap Rate. Two units receive public assistance, deferred maintenance includes two 30 year old furnaces. Structural reinforcement applied. Comparable properties have sold for an average of $481,833 comps available for review. Seller is selling below market value mindful of the deferred maintenance costs. Water tanks range in age from 2020 to 2024. PROS: Market rents $3,850 per month. Attic has enough space to be developed into a 5th unit with proper permits. Being sold AS-IS.
Property Details
Price:
$295,000
MLS #:
R1596138
Status:
Active
Beds:
6
Baths:
4
Address:
182 Oxford Avenue
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
West Side
Neighborhood:
Buffalo City-140200
City:
Buffalo
Listed Date:
Mar 28, 2025
State:
NY
Finished Sq Ft:
4,312
Total Sq Ft:
4,312
ZIP:
14209
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1920
Units:
4
See this Listing
Mortgage Calculator
Schools
School District:
Buffalo
Interior
Appliances
Gas Water Heater, See Remarks, Water Heater
Bathrooms
4 Full Bathrooms
Cooling
Other, See Remarks
Flooring
Hardwood, Varies
Heating
Gas, Other, See Remarks
Exterior
Construction Materials
Other, See Remarks, Vinyl Siding
Parking Features
On Street
Financial
Taxes
$4,101
Map
Community
- Address182 Oxford Avenue Buffalo NY
- CityBuffalo
- CountyErie
- Zip Code14209
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Listing courtesy of Howard Hanna WNY Inc.,
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-10-2025 5:07:57 am.
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-10-2025 5:07:57 am.
182 Oxford Avenue
Buffalo, NY
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