428 Norwood Avenue, Buffalo, NY 14222

Agent
Joseph Strano
Iconic Real Estate
Property front view
189 days on Offerwell19 views0 offersSold

ASKING PRICE

$679,000

OFFER DEADLINE

No offer deadline set

3114

Sq Ft

MultiFamily

Property type

7

Beds

3 full

Baths

Description

Welcome to 428 Norwood, in the Elmwood Village. This 3-Unit Property is a rare opportunity in one of Buffalo's most sought-after communities. 1st Floor tenant has flexibility in lease leaving room for an owner-occupied unit. Financials provided in the attachments, $48,964.00 in NOI. a 7.21% Cap Rate. Reference attachments for floor plans. Each unit has separate utilities, High-efficiency forced air furnaces for the first and second floor units, central AC, gas hot water tanks and 100-Amp electrical services. Separate laundry for each unit. 1st-floor unit features a large living space, completely remodeled kitchen with a massive center island. 2 large bedrooms and a perfect work from home office space as well. Screened-in porch off the back. 2nd floor unit is a spacious 3-bedroom with an open floor plan and a completely remodeled kitchen. 3rd-floor unit makes an amazing usage of the square footage and the attention to detail in the remodeling throughout the property is just as apparent. This unit is currently being used on STR sites. Concrete driveway with parking for 3 vehicles. Stately exterior loaded with historical charm and the updates provide the convenience of modern living.

IDX
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Avvie, Inc. are marked with the IDX logo and include the Listing Broker's Firm Name. Data provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Listing data last updated Mon Jan 06 2025 09:16:05 GMT+0000 (Coordinated Universal Time)
Feedback