Map
Listed price in listed location currency (USD).
$629,000

600

MLS® B1714370

Overview

Key Facts

Type 
Levels Residential Income
Size 6498 sqft
Garage 
Taxes $10,377
Days Active 3
Lot Size 0.0907 Acres
Approx. Age 1910
Avg. Price Per Sqft $96
MLS® Number B1714370

Property Address: 423 Forest Avenue, Buffalo, NY, 14213

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

Description

Prime location meets strong investment potential in this fully renovated 6-unit residential rental property. Situated just steps from Buffalo’s vibrant Elmwood Village and within close proximity to Buffalo State University, the Albright Knox Art Museum (AKG), Burchfield Penney Art Center, and Buffalo Historical Museum. Completely renovated in 2014, the Forest Avenue Lofts offers a desirable blend of updated finishes and long-term rental stability. Improvements include updated kitchens and baths, plumbing, electrical, windows, and roof, providing peace of mind for ownership and continued appeal to tenants. The property features four spacious 2-bedroom apartments and two 3-bedroom apartments, offering a versatile unit mix attractive to a broad range of renters. Shared laundry adds convenience for residents. The property has been continuously occupied by long-term tenants, providing an established rental history and a strong foundation for an investor seeking a well-maintained, income-producing asset. With its exceptional location, substantial 2014 renovations, desirable unit mix, and proximity to some of Buffalo’s most prominent cultural, educational, and neighborhood amenities, this is an excellent opportunity to acquire a stabilized 6-unit residential investment in one of the city’s most sought-after areas.
MLS® NumberB1714370
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementPartial
DrivewayNone, No Driveway, No Garage
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

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