Contacts
Tom Johnston
SVN | SFRhub Marketplace
Property Details
- Property Type Multi-Family
- Property Size 113,709 SF
- Units 78
- Lot Size 6.66 Acre
- Additional Rent Contact for pricing
- Year Built 1929
- Date Updated Jun 24, 2024
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Highlights
- PRICE REDUCED!
- 78 Single Family Rental homes scattered about Buffalo, NY
- Fifty-six (56) single-family detached and Eleven duplexes (22 Doors)
- Ten 2-bedroom, Thirty-nine 3-bedroom, Eighteen 4-bedroom, and Eleven 5- bedroom homes
- 92% leased to fully vetted tenants
- Average vintage of 1921 and were constructed between 1895 and 1944
- Homes range in size from 772 – 2,589 square feet with an average of 1,458 square feet
- In-place Gross Yield of 14.70% and Stabilized Year 1 Gross Yield of 16.03%
- The average rent of $1,178 per month is 6% below the current market average rent of $1,247 per month according to Neighborhood Scout
- Buffalo is a landlord’s market as 58.6% of the population are renters
- The average asking price of $96,154 per home is 30% less than that of the median home price in Buffalo of $138,209 according to Neighborhood Scout
- Home values in Buffalo have increased 5% YoY per Neighborhood Scout
- Rents have increased by more than 7% YoY according to Zillow
- All SVN® Offices Are Independently Owned & Operated
- Local Broker License Information: www.SFRhub.com/realestatelicensing
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Buffalo, NY
- Neighborhood Harris Hill
- Zip Code 14210
- Market Buffalo
Points of Interest
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University Station
6.44 miles
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Hertel & Voorhees
7.58 miles
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Hertel & Vorrhees
7.61 miles
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Hertel & Starin
7.70 miles
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Hertel & Wellington
8.09 miles
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Humboldt–Hospital
8.54 miles
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Tesla Supercharger
0.54 miles
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BJ’s Gas
0.83 miles
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ChargePoint
0.99 miles
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Speedway
1.54 miles
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Sunoco
1.62 miles
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Sunoco Gas Station
1.78 miles
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Exxon
2.02 miles
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Kwik Fill
2.28 miles
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Tesla Destination Charger
6.54 miles
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Lot 5
1.52 miles
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Lot 4
1.62 miles
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Lot 6
1.66 miles
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Lot 1
1.77 miles
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Lot 7
1.77 miles
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Lot 8
1.85 miles
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Lot 10
1.86 miles
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Interchange 49 - Depew
2.07 miles
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Economy Parking Lot
2.86 miles
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Main St. and Union St. Park and Ride Lot
3.18 miles
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Hawthorn Suites by Wyndham Williamsville Buffalo Airport
0.08 miles
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Salvatore's Grand Hotel
1.64 miles
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SpringHill Suites Buffalo Airport
1.72 miles
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Home2 Suites by Hilton Williamsville Buffalo Airport
1.77 miles
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Tru by Hilton Williamsville Buffalo Airport
1.79 miles
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Motel 6 Buffalo, NY - Airport - Williamsville
1.79 miles
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Hospitality Inn - Buffalo Airport
1.94 miles
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Red Roof Inn Buffalo - Niagara Airport
1.96 miles
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La Quinta Inn Buffalo Airport
1.97 miles
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Salvatore's Garden Place Hotel
2.00 miles
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JCPenney
0.27 miles
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Eastern Hills Mall
0.37 miles
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Walmart Supercenter
0.48 miles
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Tops
0.82 miles
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ALDI
0.89 miles
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TJ Maxx
0.93 miles
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Burlington
1.14 miles
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Wegmans
1.18 miles
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Big Lots
1.24 miles
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Target
1.30 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Tom Johnston
SVN | SFRhub Marketplace