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Listed price in listed location currency (USD).
$434,900

340

MLS® B1656534

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential
Size 3501 sqft
Garage No
Taxes $5,814
Days Active 6
Lot Size 0.0861 acres
Approx. Age 1900
Avg. Price Per Sqft $124
MLS® Number B1656534

Property Address: 1042 Elmwood Ave, Buffalo, NY, 14222-1238

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

Description

Turnkey 4 unit investment property in the heart of Buffalo’s highly desirable Elmwood Village, offering strong rental demand, mixed use zoning and good income. Located close to Delaware Park, Bidwell Parkway, and some of Buffalo's best shops, dining, and cultural attractions, this property benefits from one of the city’s most stable and sought-after rental markets. The building consists of a 1st floor studio with updated kitchen and bath, hardwood floors, decorative fireplace, and front porch access, along with a recently renovated 2nd floor 1 bedroom that is currently vacant and ready to lease or owner occupy. Renovations include refinished hardwood floors, fresh paint, updated lighting, new outlets and ceiling fans, a second decorative fireplace, leaded glass window, and a private porch overlooking Elmwood Ave. Two additional 1 bedroom units at the rear feature identical layouts with full baths, large living rooms, and spacious kitchens. A full walk-up attic provides potential for future value-add or additional income, while the basement offers a shared laundry area with washer and dryer included. Each unit has its own forced-air furnace and tenants pay their own utilities with the exception of Unit 3, keeping operating costs low. Refrigerators & stoves included in the sale, the tear-off roof is approximately five years old and the fenced backyard adds additional tenant appeal. Whether you are seeking immediate cash flow, a low-maintenance asset in a prime location, or a property with long-term upside, this Elmwood Village 4 unit represents a rare opportunity in a proven rental market.
MLS® NumberB1656534
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0861
Exterior
GarageNo
Approx. Age1900
BasementFull
DrivewayOn Street
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 5, 2026List Date
$434,900List Price
  • Commute

Commute

Starting Address
Destination Address
1042 Elmwood Ave, Buffalo, NY

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