2429 Delaware Avenue

Buffalo, NY 14216

$875,000
Last Sold Price
—
Beds
11,242 Sq. Ft.
$78 / Sq. Ft.
11,242
Sq. Ft.
$78
per Sq. Ft.

Description

Rare opportunity to own a 13 unit in North Buffalo. 9 one bedroom and 4 two bedrooms apartments. Major money maker in a high demand area of the city. Well maintained by a long term owner. Gross income: $101,100, Net income: $69,685. Updated boiler system, newer replacement windows. Listing agent has rent amounts for each unit. Each unit has stove and frig.Rare opportunity to own a 13 unit in North Buffalo. 9 one bedroom and 4 two bedrooms apartments. Major money maker in a high demand area of the city. Well maintained by a long term owner. Gross income: $101,100, Net income: $69,685. Updated boiler system, newer replacement windows. Listing agent has rent amounts for each unit. Each unit has stove and frig.
  1. Listed by Lee Tringali • WNY Metro Premier Realty

Property Details for 2429 Delaware Avenue

On Waterfront
No
Nearest Cross Street
Tacoma

Location

Listing Courtesy of WNY Metro Premier Realty

Sold By WNY Metro Roberts Realty

Add your commute
LISTING UPDATED: 05/07/2021 01:20 PM

Property Details for 2429 Delaware Avenue

StatusS - Closed / Rented
MLS #B1309433
Days on Market75
Taxes$13,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5 + Unit Apartments / Other - See Remarks
Year Built1940
Lot Size0.15 AC / 6,601 SF
CountyErie County

Location

Listing Courtesy of WNY Metro Premier Realty

Sold By WNY Metro Roberts Realty

Add your commute

Building Information for 2429 Delaware Avenue

Stories2Residences-Year Built1940Building Size-Lot Size0.15 AC / 6,601 SF

Payment Calculator

$5,909 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$1,133

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2429 Delaware Avenue

Summary
Location and General Information
  • Directions to Property: Between Tacoma and Hertel Ave
  • School District Name: Buffalo
  • Village: Not Applicable
Owner
  • Owner 1 First Name: LAM Development
  • Owner 1 Last Name: LLC
Parking
  • Garage Spaces per Apt: No Garage Spaces
  • Parking Spaces per Apt: No Parking Spaces
Taxes and HOA Information
  • Area NYSWIS Code: Buffalo City-140200
Property
Lot Information
  • Parcel Number: 140200-078-630-0002-038-000
  • Num Of Acres: 0
  • Age Of Building: 81
  • Lot Number: 38
  • Lot Information: Neighborhood Street
Property and Assessments
  • Annual Special Assessment: $0
  • Assessed Value: $300,000
  • Year Built Description: Existing
  • Amenities Included: No Amenities
  • Floor Description: Ceramic-Some, Hardwood-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Second Mortgage Home Equity Bala: $0
Utilities
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Common
  • Water Resources: Public Connected
Interior and Exterior Features
Exterior Features
  • Driveway Description: Concrete
  • Exterior Construction: Brick
  • Roof Description: Asphalt
Interior Features
  • Num Bedrooms 4 Th Floor: 0
  • Num Fireplaces Artificial: 0
  • Num Fireplaces Freestanding: 0
  • Num Fireplaces Gas: 0
  • Num Fireplaces Not Repto Code: 0
  • Num Fireplaces Other: 0
  • Num Fireplaces Pellet: 0
  • Num Fireplaces Total Calculated: 0
  • Num Fireplaces Woodburning: 0
  • Num Fireplaces Woodstoves: 0
  • Num Full Baths 4 Th Floor: 0
  • Num Half Baths 4 Th Floor: 0
  • Sq Ft Total: 11242
  • Basement Description: Full
  • Heating Fuel Description: Gas
  • HVAC Type: Hot Water, Radiant
  • Kitchen Equip Appl Included: Oven/Range Freestanding- Some, Refrigerator
Multi Family
Multi-Family Information
  • Special Conditions Call L Brk: No
  • Third Party Commentary Blog: No
  • Annual Operating Expenses: $31,400
  • Gross Annual Income: $101,100
  • Net Operating Income: $87,500
  • Num Of Heating Units: 1
  • Income Expense Information: Provided By Owner
  • Operating Expenses Include: Other - See Remarks
Rental
Rental Information
  • Num Of 1 Bedroom Apartment: 9
  • Num Of 2 Bedroom Apartment: 4
  • Num Of 3 Bedroom Apartment: 0
  • Num Of Studio Apartments: 0
  • Total Num Of Apartments: 13
  • Rent Includes: Heat

Property History for 2429 Delaware Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2429 Delaware Avenue

Taxable ValueLand$66,000Additions$574,000Total$640,000
Tax Record2023$3,326 ($277 / month)
Home Facts
Total Finished SqFt8,432 SqFtAbove Grade Finished SqFt8,432 SqFtUnfinished Basement SqFt2,810 SqFtStories3Lot Size6,601 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningN-3ECountyERIEAPN140200 78.63-2-38

Schools near 2429 Delaware Avenue

This home is within Buffalo City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 4
Public - 7 to 8
Rating
School
Distance
P.S. 81
PublicPK to 8

Mckinley Vocational High School
Public9 to 12

Frederick Olmsted 64 At 78
PublicPK to 4

P.S. 66 North Park Academy
Public7 to 8

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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WNY Metro Premier 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.