This is a prime investment opportunity in one of Buffalo’s most sought-after neighborhoods. Located just outside the vibrant Elmwood Village, this fully occupied five-unit property at 373 Elmwood Ave is perfectly positioned between some of the area’s best restaurants, nightlife, and the bustling Allentown district. The building features two 1 bedrooms, two 2 bedrooms, and 1 studio, which was most recently rented and new finishes. Throughout the property, you’ll find charming white kitchens, with two units showcasing decorative fireplaces and one unit offering a private balcony.
The property includes a clean, well-maintained city basement with shared laundry facilities for tenant convenience. A large concrete lot behind the house provides ample off-street parking, a rare and valuable feature in this area. All units are currently leased, ensuring immediate rental income for the new owner. Public transit and downtown Buffalo are easily accessible, making it an attractive location for tenants.
From an investment perspective, this property benefits from strong rental demand in a high-growth market with limited inventory and rising property values. It has been professionally managed and maintained to ensure a smooth ownership transition. We can provide a full history of rent, renovations and upkeep upon request. This is an ideal turnkey asset for investors or property managers seeking stable cash flow in one of Buffalo’s most dynamic neighborhoods.
Don’t miss this rare chance to add a well-maintained, high-performing property to your portfolio. Contact us today for financials, rent roll, and to schedule a private tour.
The property includes a clean, well-maintained city basement with shared laundry facilities for tenant convenience. A large concrete lot behind the house provides ample off-street parking, a rare and valuable feature in this area. All units are currently leased, ensuring immediate rental income for the new owner. Public transit and downtown Buffalo are easily accessible, making it an attractive location for tenants.
From an investment perspective, this property benefits from strong rental demand in a high-growth market with limited inventory and rising property values. It has been professionally managed and maintained to ensure a smooth ownership transition. We can provide a full history of rent, renovations and upkeep upon request. This is an ideal turnkey asset for investors or property managers seeking stable cash flow in one of Buffalo’s most dynamic neighborhoods.
Don’t miss this rare chance to add a well-maintained, high-performing property to your portfolio. Contact us today for financials, rent roll, and to schedule a private tour.
Property Details
Price:
$520,000
MLS #:
B1611639
Status:
Active
Beds:
4
Baths:
0
Address:
373 Elmwood Avenue
Type:
Single Family
Subtype:
Other
Subdivision:
Elmwood Strip
Neighborhood:
Buffalo City-140200
City:
Buffalo
Listed Date:
Jun 12, 2025
State:
NY
Finished Sq Ft:
4,590
Total Sq Ft:
4,590
ZIP:
14222
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
1930
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Schools
School District:
Buffalo
Interior
Appliances
Dryer, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
Fireplaces Total
1
Flooring
Carpet, Hardwood, Laminate, Varies
Heating
Gas, Hot Water
Exterior
Construction Materials
Brick, Vinyl Siding
Exterior Features
Concrete Driveway
Parking Features
One Space, No Garage
Roof
Asphalt
Financial
Taxes
$9,595
Map
Community
- Address373 Elmwood Avenue Buffalo NY
- CityBuffalo
- CountyErie
- Zip Code14222
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Listing courtesy of Carl P. Paladino,
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Jun-15-2025 7:25:42 pm.
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Jun-15-2025 7:25:42 pm.
373 Elmwood Avenue
Buffalo, NY
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