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2961 Bailey Avenue, Buffalo, NY 14215
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$499,900
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Home Details for 2961 Bailey Avenue
Price
$499,900
Type
Multi Family
Bedrooms
10
Year Build
1936
Sq. Ft.
7532
Lot Size
0.1126
County
Erie
Basement
Full
Tax
$5,560
MLS®️ Listing#
B1631280
On exitrealty.com
162 days
Property Description
2961 Bailey Ave – Prime Investment Opportunity!
Discover a well-maintained multi-family property in the heart of Buffalo, offering 10 income-generating units including a mix of one-bedroom, two-bedroom, three-bedroom, and a studio apartment. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors.
Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $900 per month, bringing in a solid monthly gross income of $8,100 and an annual gross potential of $97,200.
Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round.
Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns. Don't wait. Don't wait to lose this opportunity to own this cash-cow investment property. Showing starts immediately!
- Heating Information
- Natural Gas
- Baseboard
- Utilities
- Sewer Connected
- Water Connected
- Parking
- No Garage
- Concrete
- Water Features
- Public
- Basement
- Full
Listing Courtesy: Towne Housing Real Estate - 929-424-0890. Presented by: Sabbir Ahmed
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.
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Fair Housing NoticeLast Updated: 2025-11-05 03:18:03
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$499,900
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