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Listed price in listed location currency (USD).
$200,000

630

MLS® B1670043

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2538 sqft
Garage No
Taxes $3,113
Days Active 0
Lot Size 0.1934 acres
Approx. Age 1910
Avg. Price Per Sqft $78
MLS® Number B1670043

Property Address: 157 Fargo Ave, Buffalo, NY, 14201-1077

Average square foot calculated using Size range provided by listing agent.

Description

Location, location, location! Excellent opportunity to own a three-unit multifamily investment property in Buffalo’s highly desirable and appreciating West Side neighborhood. Ideally situated near Elmwood Village, Allentown, Kleinhans Music Hall, D’Youville University, shopping, dining, and public transportation, this property benefits from strong rental demand and long-term upside. The building features three residential units, including a spacious 4-bedroom apartment, a studio/1-bedroom unit, and a well-updated 1-bedroom apartment, all offering functional layouts and solid rental appeal. One unit is currently rented at $1, 000 per month, with projected annual gross income exceeding $41, 000, while maintaining low property taxes of approximately $3, 000 per year—an attractive combination for investors seeking cash flow and appreciation. Recent capital improvements include updated electrical service with three separate meters, vinyl siding, numerous vinyl replacement windows, newer hot water tanks (2018, 2022, 2023), and a high-efficiency furnace installed in 2025. Interior spaces offer flexibility for owner-occupants or investors, with updated flooring and paint in select units and additional value-add potential. With strong fundamentals, updated systems, and a prime location, 157 Fargo Ave is a compelling opportunity for portfolio expansion or house-hacking alike.
MLS® NumberB1670043
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1934
Exterior
GarageNo
Approx. Age1910
BasementPartial, Sump Pump
DrivewayOff Site, On Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$200,000List Price
  • Commute

Commute

Starting Address
Destination Address
157 Fargo Ave, Buffalo, NY

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