348 Virginia Street
Buffalo, NY, 14201
$425,000
6 Beds
4 Baths
2,882 SqFt
0.15 Acres
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An amazing investment opportunity in Allentown! 348 Virginia is TWO, 2-Family homes on a single parcel, in an unbeatable location-ideal for investors or owner-occupants!  Each structure offers both upper & lower units. The front house includes a spacious lower 3-bed, currently rented to a tenant of 4+ yrs at $950/m. The bright & cozy upper 1-bed has fresh paint, updated windows, flooring, kitchen, new refrigerator & is ready for its new owner or great tenant. Both units in the rear house are 1-bed apts. The upper is a tenant of 4+ yrs at $700/m.  The rear lower also has fresh paint, new flooring, updated cabinetry, new refrigerator & ready for its next resident.  Both homes feature newer roofs (’15), updated electrical systems, plumbing upgrades, & newer HWTs. Coveted off-street parking, w dedicated spaces for each unit. Past gross annual income of $42,000-don’t miss the rare chance to own this multi-unit property in a desirable location! Please allow 24-48hr notice.

Property Details

Price:
$425,000
MLS #:
B1570075
Status:
Active
Beds:
6
Baths:
4
Address:
348 Virginia Street
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Allentown
Neighborhood:
Buffalo City-140200
City:
Buffalo
Listed Date:
Oct 4, 2024
State:
NY
Finished Sq Ft:
2,882
Total Sq Ft:
2,882
ZIP:
14201
Lot Size:
6,455 sqft / 0.15 acres (approx)
Year Built:
1870
Units:
4
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Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Hardwood, Laminate, Varies, Vinyl
Heating
Gas, Baseboard, Forced Air, Steam
Laundry Features
Washer Hookup

Exterior

Architectural Style
Fourplex
Construction Materials
Aluminum Siding, Steel Siding, Vinyl Siding, Wood Siding, Copper Plumbing, Pex Plumbing
Exterior Features
Fully Fenced, Fence
Parking Features
Concrete, Parking Available, Two Or More Spaces
Roof
Shingle

Financial

Net Operating Income
$26,259
Taxes
$4,743

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Community

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348 Virginia Street
Buffalo, NY