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348 Virginia Street, Buffalo, NY 14201

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For Sale

$364,900

6 beds4 baths2,882 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
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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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