340 Elmwood AVE Active

Buffalo,NY 14222

$ 675000

2 Beds

0 Bath

4970 SqFt


Key Details

Property Type Multi-Family

Sub Type Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 4,970 sqft

Price per Sqft $135

MLS Listing ID B1583499

Bedrooms 2

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $8,077

Lot Size 6,799 Sqft

Acres 0.1561

Lot Dimensions 34X200

Property Sub-Type Rooming House

Property Description

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.

Location

State NY

County Erie

Area Buffalo City-140200

Direction on elmwood ave. between summer st. and bryant st.

Rooms

Basement Full

Interior

Heating Gas,Hot Water

Flooring Carpet,Hardwood,Other,See Remarks,Varies,Vinyl

Fireplace No

Appliance Gas Water Heater,See Remarks

Exterior

Exterior Feature Blacktop Driveway

Utilities Available Sewer Connected,Water Connected

Roof Type Asphalt

Garage No

Building

Lot Description Near Public Transit,Rectangular,Rectangular Lot

Story 2

Sewer Connected

Water Connected,Public

Level or Stories Two

Structure Type Brick,Frame

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-100-610-0004-004-000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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