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348 Virginia Street, Buffalo, NY 14201

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For Sale

$364,900

6 beds • 4 baths • 2,882 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $126.61
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

An amazing investment opportunity in highly-desirable Allentown! 348 Virginia is TWO, 2-Family homes on a single parcel, in an unbeatable and convenient location-ideal for investors or owner-occupants! Each structure offers both upper & lower units. The front house includes a spacious lower 3-bed, with updated vinyl flooring and currently rented to a tenant of 4+ yrs at $950/m. The bright & cozy upper 1-bed has fresh paint, updated windows, flooring, kitchen, new refrigerator & is ready for its new owner or great tenant. Both units in the rear house are 1-bed apts that are mirror images of each other. The upper is a tenant of 4+ yrs at $700/m. The rear lower also has fresh paint, new flooring, updated cabinetry, new refrigerator & ready for its next resident. Both homes feature maintenance free vinyl siding, newer roofs ('15), w updated electrical systems, plumbing upgrades, & newer HWTs all delivers peace of mind for the property s new owner. Coveted off-street parking, w dedicated spaces for each unit as well as green space between the homes. Past gross annual income of $42,000, commanding an amazingly attractive cap-rate, priced to sell and well below assessed value at an unheard of $97,500/unit. Positioned in historic Allentown, the property sits just steps from the area s shopping, restaurants, nightlife and a short walk to Day s Park, Klienhan s Music Hall, the Medical Corridor, and downtown. Don t miss the rare chance to own this multi-unit property in a prime and desirable location! Please allow 24-48hr notice to view rented spaces. Open house Saturday, January 25th from 1pm-3pm
MLS# B1570075

Courtesy Of Keller Williams Realty Buffalo Northtowns

(716) 832-3300

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding, Vinyl Siding, Wood Siding
  • Floor Covering
    Carpet, Hardwood, Laminate, Vinyl
  • Heating System
    Baseboard, Steam
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 348 Virginia Street, Buffalo, NY 14201

Home seller CENTURY 21 Balesteri, Inc.

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

CENTURY 21 Balesteri, Inc.

(716) 837-7000
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† 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.

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