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
August 23, 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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Data last updated 5:10 PM UTC, 8/23/2024