2961 Bailey Avenue, Buffalo, NY 14215

$489,000
12
BD
7,532
SqFt

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List Price
$489,000
Status
ACTIVE
MLS#
B1727937
Year Built
1936
Bedrooms
12
Acres
0.11
Living Area
7,532
Region
Buffalo City

Property Description

Investment Opportunity! A well-maintained multifamily property in the heart of Buffalo, offering 10 income-generating units, including a mix of one-bedroom, two-bedroom, three-bedroom, and studio apartments. 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 $950 per month, bringing in a solid monthly gross income of $8,400 and an annual gross potential of $100,800. 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.

Additional Information

Taxes
$5,560
School District
Buffalo
Water
Connected, Public
Sewer
Connected

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Listing courtesy of Red Hawk Real Estate. Contact: