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340 Elmwood Ave, Buffalo, NY, 14222

1beds
0baths
4,970sqft
$599,900
$121price/sqft
$4,964/moest. monthly cost
$198,560/yrincome needed

About This Home

VERY UNIQUE INVESTMENT OPPORTUNITY. PRIME BUFFALO LOCATION ON THE ELMWOOD VILLAGE STRIP. 340 ELMWOOD IS A COMBINATION APARTMENT BUILDING AND ROOM HOUSE. 340 ELMOWOOD HAS OPERATED UNDER A ROOMING HOUSE WITH LICENSES FOR MANY YEARS. PROPERTY IS IN A+ CONDITION. ROOF AND MECNANICALS ARE APPROX. 8 YEARS OLD. ALL UTITLTIES AREE INCLUDED IN RENTS. TENANTS ARE LEASED AND ALSO MONTH TO MONTH. THERE IS A SHARED DRIVEWAY, WITH ROOM TO EXPAND PARKING ON THE 200FT. DEEP LOT! PLEASE SEE SUPPLIMENTS FOR INCOME AND EXPENSES. BUILDING HAS MOSTLY ALL REPLACEMENT WINDOWS, NEWER ROOF AND MECHANICALS. THERE ARE 7 INDIVIDUAL ROOMS THAT SHARE TWO MODERN BATHROOMS THERE IS 1 SINGLE BEDROOM APARTMENT. THEERE ARE 3 MODIFIED STUDIO STYLE UNITS PROPERTY IS CURRENTLY MANAGED PROFESSIONALLY BY A 3RD PARTY MANAGER. 1-3 UNITS WILL BE SHOWN ON 1ST TOUR. PLEASE ALLOW 48 HOURS FOR APPOINTMENTS, THANK YOU

Getting Around

90
WalkingVery Walkable
53
TransitGood Transit
90
BikeBiker's Paradise

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Brick,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater,See Remarks

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 1

Features

  • Flooring: Hardwood,Tile,Varies,Vinyl

Heating

  • Heating features: Gas,Forced Air,Hot Water

Interior Area

  • Total structure area: 4,970
  • Total interior livable area: 4,970 sqft

Property

Details

  • Parcel number: 1402001006100004004000
  • Special condition: Standard

Features

  • Stories: 3
  • Exterior features: Blacktop Driveway,Concrete Driveway

Lot

  • Lot size: 6,799 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 34 x 200

Parking

  • Parking features: Three or more Spaces,No Garage,Shared Driveway