101482 . 78 Home SFR Buffalo, NY

For Sale

101482 . 78 Home SFR Buffalo, NY, Buffalo, NY 14210

This Buffalo property for sale is located at 101482 . 78 Home SFR Buffalo, NY. The current listed sale price for 101482 . 78 Home SFR Buffalo, NY is $7,500,000. 101482 . 78 Home SFR Buffalo, NY is situated on a lot that is 6.66 acre in size.

Contacts

broker

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
Buffalo, New York, is a vibrant city located on the eastern shore of Lake Erie. With a population of over 255,000 people, Buffalo is the second-largest city in the state and serves as a significant cultural, economic, and educational hub in the region. Buffalo's economy has evolved over the years, transitioning from its historical roots in manufacturing to a more diverse landscape. Today, the city's economy is bolstered by various sectors, including healthcare, education, technology, and tourism. Buffalo is home to several major healthcare institutions, such as the Buffalo General Medical Center and Roswell Park Comprehensive Cancer Center. Additionally, the city's growing technology and start-up scene have attracted new businesses, contributing to economic revitalization. The city has experienced considerable city development in recent years, with ongoing efforts to revitalize its neighborhoods and infrastructure. The city has invested in various development projects, including the Canalside waterfront district, which has become a popular destination for residents and tourists alike. The Buffalo Niagara Medical Campus has also expanded significantly, creating a hub for medical research and innovation. Buffalo boasts a strong education system with several prominent institutions. The University at Buffalo (UB), part of the State University of New York (SUNY) system, is one of the largest public research universities in the Northeastern United States. UB offers a wide range of academic programs and research opportunities, attracting students from around the world. Additionally, Buffalo is home to Buffalo State College, Canisius College, and several other esteemed private and public educational institutions. The area has emerged as an appealing destination for tourists, offering a mix of historical landmarks, cultural attractions, and natural beauty. The city's architectural heritage includes works by Frank Lloyd Wright and the stunning Art Deco City Hall. The Albright-Knox Art Gallery and the Buffalo Philharmonic Orchestra exemplify Buffalo's robust cultural scene. Furthermore, proximity to Niagara Falls, one of the world's most renowned natural wonders, bolsters Buffalo's tourism appeal. Buffalo's sports culture is also a significant draw for visitors, with enthusiastic fan bases for the Buffalo Bills (NFL) and Buffalo Sabres (NHL). The city regularly hosts major sporting events, attracting spectators from across the region. Overall, Buffalo offers a diverse and evolving economy, ongoing city development projects, a strong education system, and a variety of cultural and natural attractions for tourists. The city's commitment to revitalization and community development has contributed to its rising appeal and positioned Buffalo as a promising destination for residents, businesses, and visitors.

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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

  • 52/100

    Walk Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Buffalo, NY
  • Neighborhood Harris Hill
  • Zip Code 14210
  • Market Buffalo

Points of Interest

  • University Station

    6.44 miles

  • Hertel & Voorhees

    7.58 miles

  • Hertel & Vorrhees

    7.61 miles

  • Hertel & Starin

    7.70 miles

  • Hertel & Wellington

    8.09 miles

  • Humboldt–Hospital

    8.54 miles

  • Tesla Supercharger

    0.54 miles

  • BJ’s Gas

    0.83 miles

  • ChargePoint

    0.99 miles

  • Speedway

    1.54 miles

  • Sunoco

    1.62 miles

  • Sunoco Gas Station

    1.78 miles

  • Exxon

    2.02 miles

  • Kwik Fill

    2.28 miles

  • Tesla Destination Charger

    6.54 miles

  • Lot 5

    1.52 miles

  • Lot 4

    1.62 miles

  • Lot 6

    1.66 miles

  • Lot 1

    1.77 miles

  • Lot 7

    1.77 miles

  • Lot 8

    1.85 miles

  • Lot 10

    1.86 miles

  • Interchange 49 - Depew

    2.07 miles

  • Economy Parking Lot

    2.86 miles

  • Main St. and Union St. Park and Ride Lot

    3.18 miles

  • Hawthorn Suites by Wyndham Williamsville Buffalo Airport

    0.08 miles

  • Salvatore's Grand Hotel

    1.64 miles

  • SpringHill Suites Buffalo Airport

    1.72 miles

  • Home2 Suites by Hilton Williamsville Buffalo Airport

    1.77 miles

  • Tru by Hilton Williamsville Buffalo Airport

    1.79 miles

  • Motel 6 Buffalo, NY - Airport - Williamsville

    1.79 miles

  • Hospitality Inn - Buffalo Airport

    1.94 miles

  • Red Roof Inn Buffalo - Niagara Airport

    1.96 miles

  • La Quinta Inn Buffalo Airport

    1.97 miles

  • Salvatore's Garden Place Hotel

    2.00 miles

  • JCPenney

    0.27 miles

  • Eastern Hills Mall

    0.37 miles

  • Walmart Supercenter

    0.48 miles

  • Tops

    0.82 miles

  • ALDI

    0.89 miles

  • TJ Maxx

    0.93 miles

  • Burlington

    1.14 miles

  • Wegmans

    1.18 miles

  • Big Lots

    1.24 miles

  • 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

broker

Tom Johnston

SVN | SFRhub Marketplace