Active

58 Park Street

Buffalo NY, 14201

$700,000


$145.86 per sqft

Active

6 Beds

4 Baths

4,799 sqft

Multi-family

Built in 1900

58 Park is located in Buffalo's most diverse, eccentric, and walkable neighborhoods, (Josh) Allen-town. Located less than 1 mile from downtown Buffalo, 5 blocks to Buffalo Niagara Medical Corridor, and in the heart of the most vibrant entertainment district in the entire City of Buffalo. In 2018 the entire property was completely renovated from the roof, down to the basement, including every mechanical/plumbing/electrical system. There are (2) 2-bedroom units, and (2) 1-bedroom units and each dwelling has its own gas, electric, hot water, heat, air conditioning, and parking. The apartments feature tall ceilings, recessed lighting, stone countertops, hardwood floors, new solid wood windows, and patio/deck or balcony space. This property is one of the first AirBnB's in the City of Buffalo with 4 years of track record, 50% 5 star reviews and a 4.5 star overall rating w/ over 750 reviews. Gross Income 2021: $96,047.01, 2022: $97,722.47, 2023: $94,597, Year-To-Date (booked earnings):$43,315. All FF&E convey with the sale, enjoy the upside in revenue with more attention to detail and more listing platform exposure as a short term rental.

B1546093

MLS ID

July 9, 2024

Listed

October 1, 2024

Updated

Map

58 Park Street
Buffalo NY, 14201

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

4


Appliances

Gas Water Heater


Floor Description

Carpet, Hardwood, Luxury Vinyl, Varies


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Gas, Forced Air

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

Balcony


Lot Features

Residential Lot


Architectual Style

Fourplex


Sewer

Connected

School Information

School District

Buffalo

Other Property Details

Area Name

Buffalo City-140200


Taxes

$11,776


Tax Frequency

Annually


Days on Market

41


Garage

No


Parking

Concrete


View

No


County

Erie


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No

Listing History

Date

Event

Price

8/19/2024

Price change

$700,000

-7%

 

Courtesy of Iconic Real Estate, Ryan Burke

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Susan Lenahan, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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