VERY UNIQUE INVESTMENT OPPORTUNITY. PRIME BUFFALO LOCATION ON THE ELMWOOD VILLAGE STRIP.
340 ELMWOOD IS A COMBINATION APARTMENT BUILDING AND ROOM HOUSE.
340 ELMOWOOD HAS OPERATED UNDER A ROOMING HOUSE WITH LICENSES FOR MANY YEARS.
PROPERTY IS IN A+ CONDITION.
ROOF AND MECNANICALS ARE APPROX. 8 YEARS OLD.
ALL UTITLTIES AREE INCLUDED IN RENTS.
TENANTS ARE LEASED AND ALSO MONTH TO MONTH.
THERE IS A SHARED DRIVEWAY, WITH ROOM TO EXPAND PARKING ON THE 200FT. DEEP LOT!
PLEASE SEE SUPPLIMENTS FOR INCOME AND EXPENSES.
BUILDING HAS MOSTLY ALL REPLACEMENT WINDOWS, NEWER ROOF AND MECHANICALS.
THERE ARE 7 INDIVIDUAL ROOMS THAT SHARE TWO MODERN BATHROOMS
THERE IS 1 SINGLE BEDROOM APARTMENT.
THEERE ARE 3 MODIFIED STUDIO STYLE UNITS
PROPERTY IS CURRENTLY MANAGED PROFESSIONALLY BY A 3RD PARTY MANAGER.
1-3 UNITS WILL BE SHOWN ON 1ST TOUR.
PLEASE ALLOW 48 HOURS FOR APPOINTMENTS, THANK YOU
Directions: 340 EELMOOD IS CLOSE TO THE INTERSETION OF SUMMER STREET, AND IS LOCATED BETWEEN SUMMER AND BRYANT ST.
Property Details
Property Id: 203777
Price: $ 599,900
Property Size:4,970.00 ft2
Property Lot Size:0.16 ac
Bedrooms: 1
Waterfront Y/N: No
Basement: Full
Building Sq Ft Total: 4970
Directions: 340 EELMOOD IS CLOSE TO THE INTERSETION OF SUMMER STREET, AND IS LOCATED BETWEEN SUMMER AND BRYANT ST.
Elementary School District: Buffalo
Flooring: Hardwood, Tile, Varies, Vinyl
Gross Income: 82168
Heating: Gas, ForcedAir, HotWater
High School District: Buffalo
List Office Name: Network One Realty
List Office Phone: 716-874-3530
Listing Id: B1661988
Lot Features: Rectangular, RectangularLot, ResidentialLot
Lot Acres: 0.1561
Lot Dimensions: 34X200
Middle School District: Buffalo
Status: Active
Net Operating Income: 46463
Operating Expense: 24749
Operating Expense Includes: Other, SeeRemarks
Photos: 17
Possession: CloseOfEscrow
Postal City: Buffalo
Rent Includes: AllUtilities
Road Frontage: CityStreet
Roof: Asphalt
StateOrProvince: NY
Stories: 3
Street Name: Elmwood
Street Number: 340
Street Number Numeric: 340
Street Suffix: Avenue
Total Taxes: 10956
Assessed Value: 325000
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1900
YearBuiltDetails: Existing
Amenities and Features
Other Features
Basement Y/N 1
BlacktopDriveway
ConcreteDriveway
Fireplace Y/N
Garage Y/N
GasWaterHeater
Has Heating System
SeeRemarks
Courtesy Of : Network One Realty
716-874-3530
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.
All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.
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