Closed
Last Sold Price
$260,000
6,300 sqft

320 Buffalo Rd, Rochester, NY 14611

Multi FamilyProperty Type
0.15 acresLot Size
1920Year Built
$41/sq ftPrice per sq ft

Description

19 Units.18 room "Rooming House" rented at $425 each plus a party room currently rented through June 2015 at $500 per month. Brick, block and stone exterior. Tenants on month to month leases. Approximately 70% of income is via DSS, the remaining via cash. Flat roof is in good condition and was replaced approximately 10 years ago. One boiler. 3 bathrooms 2 Kitchens HIGH cap rate and HUGE cash flow19 Units.18 room "Rooming House" rented at $425 each plus a party room currently rented through June 2015 at $500 per month. Brick, block and stone exterior. Tenants on month to month leases. Approximately 70% of income is via DSS, the remaining via cash. Flat roof is in good condition and was replaced approximately 10 years ago. One boiler. 3 bathrooms 2 Kitchens HIGH cap rate and HUGE cash flow
  • Listed by: Mark J. Palazzo 585.259.4050 mark@therichgroup.com • Rich Realty
Listing closed: 09/09/2015 12:00 AM • Source: WNYREIS, MLS#: R259157
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Recent comparable sales

Median sold price

$275,000

Avg days on market

27

Sale-to-list ratio

90.0%

Rochester, NY

9 comparable properties found

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1/2
1

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Location

Listing Courtesy of Rich Realty

Sold By Realty USA WNY, Inc.

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$2,084 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,388

Property Taxes

$696

HOA Dues

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Property Information for 320 Buffalo Road

Property Details

  • Taxes: $8,351 / year
  • MLS Type: Multi Family / Rooming House
  • Subdivision Comm Complex: FIELD FARM
  • On Waterfront: No
  • Parking Description: Driveway, No Garage
  • Nearest Cross Street: Mt Read

Building Information

  • Stories: 2
  • Residences: 19
  • Year Built: 1920
  • Lot Size: 0.15 AC / 6,534 SF

Summary

Location and General Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle School Name: Other - See Remarks
  • Middle Or Junior School District: Rochester
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $8,351.00

Property

Lot Information
  • Building Area Total: 6300.0
  • Num Of Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 261400-120-380-0001-015-000-0000
  • Road Frontage: Main Thoroughfare
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $125,000
  • Year Built: 1920
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 1
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public

Interior and Exterior Features

Exterior Features
  • Community Features: Other, See Remarks
  • Construction Materials: Brick, Stone
  • Roof Description: Flat
Interior Features
  • Appliances: Gas Water Heater, See Remarks
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Other, See Remarks
  • Heating: Gas, Hot Water
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 6300.0
  • Main Level Bathrooms: 0

Multi Family

Multi-Family Information
  • Gross Annual Income: $98,604.00
  • Net Operating Income: $90,253.00
  • Number Of Units Total: 19
  • Operating Expenses: $28,200.00
  • Operating Expense Includes: Electric, Fuel, Insurance, Maintenance, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2

Rental

Rental Information
  • Rent Includes: Other, See Remarks
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 320 Buffalo Road

DateEvent & SourcePriceAppreciation
Dec 31, 2024

Expired

WNYREIS #R1568564

—
—
Dec 31, 2024

Expired

New York State Alliance of MLSs (Buffalo) #R1568564

$450,000
—
Oct 7, 2024

Price Change

WNYREIS #R1568564

$450,000
—
DateEvent & SourcePrice
12/31/2024

Expired

WNYREIS #R1568564

—
12/31/2024

Expired

New York State Alliance of MLSs (Buffalo) #R1568564

$450,000
10/07/2024

Price Change

WNYREIS #R1568564

$450,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 320 Buffalo Road

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - K to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Joseph C Wilson Foundation Academy
PublicK to 8

Joseph C Wilson Magnet High School
Public9 to 12

School 4 George Mather Forbes
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 320 Buffalo Road, Rochester, NY 14611
$260,000
–
–
6,300
6,534
$260,000
–
–
4,200
6,098
–
–
–
707
36,155
–
–
–
7,645
50,094
–
–
2
1,314
5,131
$75,000
4
1
1,128
5,100

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rich Realty

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.