340 Elmwood Avenue
Buffalo, NY, 14222
$699,900
2 Beds
0 Baths
4,970 SqFt
0.16 Acres
Add
340 Elmwood Ave. is a versatile 1900’s Victorian mansion situated on a visible and easily accessible Elmwood Village thoroughfare! 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 in 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 owner occupied use, or Bed and Breakfast services and/or or AIRBNB services.

The property enjoys strong occupancy with both leases and month to month tenancy. Updated mechanicals and roof.
several apartments come with appliances and the rooms have common and modern bathroom facilities n each floor that are professionally monitored and cleaned weekly!
340 Elmwood has direct access to public transportation and is close to the Medical coordinator and Buffalo CBD.

Property Details

Price:
$699,900
MLS #:
B1583499
Status:
Active
Beds:
2
Baths:
0
Address:
340 Elmwood Avenue
Type:
Single Family
Subtype:
RoomingHouse
Subdivision:
Elmwood Strip
Neighborhood:
Buffalo City-140200
City:
Buffalo
Listed Date:
Jan 13, 2025
State:
NY
Finished Sq Ft:
4,970
Total Sq Ft:
4,970
ZIP:
14222
Lot Size:
6,800 sqft / 0.16 acres (approx)
Year Built:
1900
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater, See Remarks
Flooring
Carpet, Hardwood, Other, See Remarks, Varies, Vinyl
Heating
Gas, Hot Water

Exterior

Construction Materials
Brick, Frame
Exterior Features
Blacktop Driveway
Parking Features
Three Or More Spaces, No Garage, Shared Driveway
Roof
Asphalt

Financial

Net Operating Income
$48,585
Taxes
$8,077

Map

Community

Similar Listings Nearby

340 Elmwood Avenue
Buffalo, NY