Active

428 Norwood Avenue

Buffalo NY, 14222

$679,000


$218.05 per sqft

Active

7 Beds

3 Baths

3,114 sqft

Multi-family

Built in 1905

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.

B1567882

MLS ID

September 26, 2024

Listed

October 5, 2024

Updated

Map

428 Norwood Avenue
Buffalo NY, 14222

Interior Features

Total Stories

3


Bedrooms

7


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Ceiling Fan(s), Skylights


Appliances

Gas Water Heater


Floor Description

Carpet, Hardwood, Luxury Vinyl, Tile, Varies


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Gas, Forced Air

Exterior/Building Features

Lot Size

0.1 Acres


Exterior Features

Balcony


Lot Features

Rectangular, Residential Lot


Architectual Style

Triplex


Roof

Asphalt


Sewer

Connected

School Information

School District

Buffalo

Other Property Details

Area Name

Buffalo City-140200


Taxes

$5,231


Tax Frequency

Annually


Days on Market

9


Garage

No


Parking

Concrete, On Street, Two or More Spaces


View

No


County

Erie


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No

 

Courtesy of Iconic Real Estate, Joseph Strano

Disclaimer: Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Susan Lenahan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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 are marked with the IDX logo and include the Listing Broker’s Firm Name. 

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.

©2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Data last updated 5:39 PM UTC, 10/5/2024

Powered byLuxury Presence