227 & 229 Abbott Road, Buffalo, NY 14220

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For Sale

^$449,000

5 beds • 6,641 sqft

Estimated Payment

^$ 2,816 /mo. ^†

6.76% APR for 30 yrs.
$5,812 in taxes
Change Loan Terms

Jerry Thompson

of CENTURY 21 North East

Mobile: (716) 864-7863

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Multi-Family Home
Property type
1920
Year built
$67.61
Price per square foot

Explore this Property

This classic 6-unit rental property is a prime investment opportunity with historic feel and architecture and good cap rate, in great Abbott Road South Buffalo Location. Impressive architecture, and ample off-street parking, it's perfect for investors. The property features 6 well-maintained residential units, each with its own storage unit, on site parking, and Common Laundry. An added spacious garage close to 42 x40 with two 10 foot high entry doors has significant potential for conversion into additional rental opportunity, Currently, the garage generates $400/month from a tenant, but it offers room for over 6 cars and could bring even more income if converted. With a gross annual income exceeding $51k, this property is fully occupied and each unit is thoughtfully cared for including windows. The sale includes the adjoining lot at 229, providing tenants with plenty of parking. Plus, there's a convenient bus stop right out front. This is a fantastic opportunity that shouldn't be missed!

MLS# B1586761

Listed By CENTURY 21 North East

Property Features

Appliances

Refrigerator
Flooring

Hardwood, Tile, Ceramic
General

Laundry Facilities
Heating - Fuel Type

Gas, Hydro Heat
Heating Type

Baseboard
Lot Size

0.23 Acres
Road Type

City / Town Street, Main Thoroughfare
Roof

Rubber
Style

Other Style
Water

Municipal Water

Map and Directions

Directions to 227 & 229 Abbott Road, Buffalo, NY 14220

Home seller Meet the Agent,
Jerry Thompson

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Jerry Thompson

of CENTURY 21 North East

(716) 864-7863

Learn More About Me

Mortgage Calculator

Purchase Price

Down Payment

$ %

Loan Term

15 year 20 year 30 year

Interest Rate

Monthly Payment Breakdown

Principle and Interest
$2,332
Property Taxes
$484
Hazard Insurance
$0
Private Mortgage Insurance
$0
HOA Dues
$0
Total Monthly Payment:
$2,816

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Buffalo Elementary School Of Technology

Grades PK-8 Public School

Buffalo, NY 14204 2.7 miles
414 s division st

565 total students
13:1 Student teacher ratio

School Rating: D-

School Details

Dr Lydia T Wright School Of Excellence

Grades PK-8 Public School

Buffalo, NY 14214 4.9 miles
106 appenheimer ave

571 total students
11:1 Student teacher ratio

School Rating: F

School Details

Herman Badillo Bilingual Academy

Grades PK-8 Public School

Buffalo, NY 14201 4 miles
315 carolina st

596 total students
11:1 Student teacher ratio

School Rating: D+

School Details

Other Nearby Schools	Distance	Type	Grades	School Rating
Bishop Timon-st Jude High School	0.5 miles	Private	9-12
Mount Mercy Academy	0.8 miles	Private	9-12
South Buffalo Charter School	1.1 miles	Public	KG-8	C
Western New York Maritime Charter School	1.1 miles	Public	5-12	D+
Notre Dame Academy	1.6 miles	Private	PK-8

Winchester-potters Elementary School	1.7 miles	Public	PK-5	D+
Erie 1 Boces	1.8 miles	Public	KG-12
Global Concepts Charter School	2 miles	Public	KG-12	C+
Baker Academy	2 miles	Private	KG-5
Our Lady Of Victory School	2.1 miles	Private	PK-8
Al-rasheed Academy	2.3 miles	Private	KG-12
Academy School	2.4 miles	Public	7-12	F

Bishop Timon-st Jude High School

Distance: 0.5 miles

Type Private

Grades: 9-12

Mount Mercy Academy

Distance: 0.8 miles

Type Private

Grades: 9-12

South Buffalo Charter School

Distance: 1.1 miles

Type Public

Grades: KG-8

Western New York Maritime Charter School

Distance: 1.1 miles

Type Public

Grades: 5-12

D+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Buffalo, NY 14220

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Buffalo, NY 14220

This community’s employment is highest in the education and healthcare practitioners industries. The area’s overall household expenses are above the national average.

80° July

Hottest Average Month

17° January

Coldest Average Month

10,420 Total Households in Area

-1.3% Increase in population since the year 2010

25.3%

of households
have children

21 minutes

Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Buffalo, NY 14220

Buffalo, NY 14220 has a population of 23,564 people in 10,420 households with a median age of 41 years old.

-1.3%

Decrease in population
since the year 2010

Population is Trending down

10,447

Total households as of 2010

2.8%

projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White	82%
Hispanic	10%
Black	6%
Other	3%
Asian	1%
Native American	<1%

The most prevalent ethnicity is White at 82%, followed by Hispanic at 10%, Black at 6%, and Other at 3%.

Economics
for Buffalo, NY 14220

5,670 /sq mi

Population Density

$68,033 /yr

Median Household Income

$200,000

Median Sales Price

21 min

Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 20.58% of the households.

Transportation to Work

Drive 89%
Walk or Bike 5%
Public Transit 4%
Work from Home 3%

Occupancy by Type

Owned	7,065	63%
Rented	3,355	30%
Vacant	881	8%

White vs Blue Collar Jobs

White Collar	74%
Blue Collar	26%

Family & Education Facts
for Buffalo, NY 14220

41 Median Age

Average Household Size

2.2

persons per
household

39.6%

Married Households

Community Population By Education

High School Graduate	31%
Some College	20%
Bachelors Degree	17%
Associates Degree	15%
Graduate Degree	9%
Some High School	7%

Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 31.24% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)

25.3% of households have children

Weather
for Buffalo, NY 14220

The weather for this area ranges from a high of 80° F in July to a low of 17° F in January

80° July

Hottest Average Month

17° January

Coldest Average Month

Average Temperature by Month

Low (°F)

High (°F)

Jan

17°

31°

Feb

18°

33°

Mar

25°

41°

Apr

35°

53°

May

45°

66°

Jun

56°

75°

Jul

61°

80°

Aug

60°

78°

Sep

53°

71°

Oct

43°

59°

Nov

34°

47°

Dec

23°

36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Buffalo, NY 14220!
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An Equal Opportunity Company

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

227 & 229 Abbott Road, Buffalo, NY 14220

$449,000

$ 2,816 /mo. †

Explore this Property

Property Features

Map and Directions

Home seller Meet the Agent, Jerry Thompson

Jerry Thompson

Mortgage Calculator

Monthly Payment Breakdown

Schools

Buffalo Elementary School Of Technology

Dr Lydia T Wright School Of Excellence

Herman Badillo Bilingual Academy

Ps 17

D'youville-porter Campus

Dr Antonia Pantoja Community School Of Academic Excellence

Ps 27 Hillery Park Academy

Harriet Ross Tubman Academy

Bilingual Center

Marva J Daniel Futures Preparatory School

Lovejoy Discovery School #43

International School

Community School #53

Dr George Blackman Early Childhood Center

Ps 59 Dr Charles Drew Science Magnet

Ps 61 Arthur O Eve School Of Distinction

Ps 65 Roosevelt Early Childhood Center

Ps 69 Houghton Academy

Lorraine Elementary School

Ps 74 Hamlin Park - Claude And Ouida Clapp Academy

Highgate Heights

Ps 81

Ps 82

Waterfront Elementary School

West Hertel Elementary School

Discovery School

Pfc William J Grabiarz #79

Southside Elementary School

Harvey Austin School #97

Frank A Sedita School #30

Buffalo Academy For The Visual & Performing Arts

Math Science Technology Preparatory School At 197

International Preparatory School At Grover Cleveland

Hutchinson Central Technical High School

South Park High School

Leonardo Da Vinci High School

Middle Early College High School

Local area information for Buffalo, NY 14220

Buffalo, NY 14220

Household Expenses vs National Average

Demographic facts for Buffalo, NY 14220

Community Population By Age

Community Population By Ethnicity

Economics for Buffalo, NY 14220

Household Expenses vs National Average

Household by Income

Transportation to Work

Occupancy by Type

White vs Blue Collar Jobs

Family & Education Facts for Buffalo, NY 14220

Average Household Size

Community Population By Education

Household Family Expenses vs National Average

Weather for Buffalo, NY 14220

Average Temperature by Month

Precipitation

227 & 229 Abbott Road Buffalo , NY 14220

Jerry Thompson

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Jerry Thompson

Request a tour of this property

Jerry Thompson

Request Information

^$449,000

^$ 2,816 /mo. ^†

Home seller Meet the Agent,
Jerry Thompson

Demographic facts
for Buffalo, NY 14220

Economics
for Buffalo, NY 14220

Family & Education Facts
for Buffalo, NY 14220

Weather
for Buffalo, NY 14220

227 & 229 Abbott Road
Buffalo , NY 14220