2961 Bailey Avenue
Buffalo, NY, 14215
$499,900
10 Beds
0 Baths
7,532 SqFt
0.11 Acres
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MLS #B1676437 image #0
2961 Bailey Ave – Prime Investment Opportunity! Discover a well-maintained multi-family property in the heart of Buffalo, offering 10 income-generating units including a mix of one-bedroom, two-bedroom, three-bedroom, and a studio apartment. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors. Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $900 per month, bringing in a solid monthly gross income of $8,100 and an annual gross potential of $97,200. Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round. Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns. Don’t wait. Don’t wait to lose this opportunity to own this cash-cow investment property. Showing starts immediately!

Property Details

Price:
$499,900
MLS #:
B1676437
Status:
Active
Beds:
10
Baths:
0
Type:
Multi Family
Subtype:
Other
Subdivision:
East Side
Neighborhood:
buffalocity140200
Listed Date:
Apr 25, 2026
Finished Sq Ft:
7,532
Total Sq Ft:
7,532
Lot Size:
4,905 sqft / 0.11 acres (approx)
Year Built:
1936
Units:
10
Buffalo City-140200Buffalocity140200East SideBuffaloProbate

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Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater, See Remarks
Flooring
Carpet, Hardwood, Tile, Varies, Vinyl
Heating
Gas, Radiators

Exterior

Community Features
None
Construction Materials
Brick, Frame, Vinyl Siding
Exterior Features
Concrete Driveway
Lot Features
Flag Lot, Near Public Transit
Parking Features
No Garage
Roof
Asphalt

Financial

Taxes
$5,560

Map

Community

Subdivisions in Buffalo

Market Summary

Current real estate data for Multi Family in Buffalo as of Apr 30, 2026
373
Multi Family Listed
81
Avg DOM
97
Avg $ / SqFt
$303,679
Avg List Price

Property Summary

    2961 Bailey Avenue Buffalo NY is a Multi Family for sale in Buffalo, NY, 14215. It is listed for $499,900 To schedule a showing of MLS#b1676437 at 2961 Bailey Avenue in Buffalo, NY, contact your Concrete Jungle Realty agent at 3472420937.

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