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373 Elmwood Avenue, Buffalo, NY 14222
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$440,000
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Home Details for 373 Elmwood Avenue
Price
$440,000
Type
Multi Family
Bedrooms
4
Year Build
1930
Sq. Ft.
4590
Lot Size
0.23
County
Erie
Basement
Full
Tax
$9,595
MLS®️ Listing#
B1611639
On exitrealty.com
193 days
Property Description
This is a prime investment opportunity in one of Buffalo’s most sought-after neighborhoods. Located just outside the vibrant Elmwood Village, this fully occupied five-unit property at 373 Elmwood Ave is perfectly positioned between some of the area’s best restaurants, nightlife, and the bustling Allentown district. The building features two 1 bedrooms, two 2 bedrooms, and 1 studio, which was most recently rented and new finishes. Throughout the property, you’ll find charming white kitchens, with two units showcasing decorative fireplaces and one unit offering a private balcony.
The property includes a clean, well-maintained city basement with shared laundry facilities for tenant convenience. A large concrete lot behind the house provides ample off-street parking, a rare and valuable feature in this area. All units are currently leased, ensuring immediate rental income for the new owner. Public transit and downtown Buffalo are easily accessible, making it an attractive location for tenants.
From an investment perspective, this property benefits from strong rental demand in a high-growth market with limited inventory and rising property values. It has been professionally managed and maintained to ensure a smooth ownership transition. We can provide a full history of rent, renovations and upkeep upon request. This is an ideal turnkey asset for investors or property managers seeking stable cash flow in one of Buffalo’s most dynamic neighborhoods.
Don’t miss this rare chance to add a well-maintained, high-performing property to your portfolio. Contact us today for financials, rent roll, and to schedule a private tour.
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- Heating Information
- Natural Gas
- Hot Water
- Utilities
- Sewer Connected
- Water Connected
- Parking
- No Garage
- Concrete
- Water Features
- Public
- Basement
- Full
Listing Courtesy: Carl P. Paladino - 716-854-0060. Presented by: Carl P Paladino
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable by is not guaranteed accurate by the MLS.
? 2024 CNYIS, Inc., GENRIS and WNYREIS All rights reserved.
Fair Housing NoticeLast Updated: 2025-11-21 13:02:11
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EXIT TURNING KEY REALTY
8175 Sheridan Drive. Suite 400, Buffalo , NY 14221