547 East Utica Street

Buffalo, NY 14208

$156,000
Last Sold Price
5
Beds
3
Baths
2,955 Sq. Ft.
$53 / Sq. Ft.
2,955
Sq. Ft.
$53
per Sq. Ft.

Description

Welcome to 547 E. Utica, a large multi-family income property located in the Kingsley Neighborhood, seconds away from multiple bus lines and the 33. This 3 story property boasts 3 units, with one on each level, 2 car garage and ample parking space for tenants. Recent investments into property include updated plumbing, electrical, flooring, furnace, and HVAC- virtually a full tear out and rebuild minus some finishing work. All materials are already present at site to complete work, and can be included...Welcome to 547 E. Utica, a large multi-family income property located in the Kingsley Neighborhood, seconds away from multiple bus lines and the 33. This 3 story property boasts 3 units, with one on each level, 2 car garage and ample parking space for tenants. Recent investments into property include updated plumbing, electrical, flooring, furnace, and HVAC- virtually a full tear out and rebuild minus some finishing work. All materials are already present at site to complete work, and can be included in sale. This property's spacious units can easily retain a +10% cap rate for investors , and could also be an attractive and ideal owner-occupied investment. Schedule an appointment to view 547 E. Utica, and don't miss the opportunity to add this income property to your portfolio.
  1. Listed by Jonathan D Phillips • Investor Realty Services, LLC
    P: 716-655-0177 C: 716-771-7770 jonathan.investorrealty@gmail.com

Property Details for 547 East Utica Street

Subdivision Comm Complex
Holland Land Company
Styles Of Residence
Triplex
Waterfront Description
Other, See Remarks
On Waterfront
No
Parking Description
Garage, Twoor More Spaces
Nearest Cross Street
Jefferson

Location

Listing Courtesy of Investor Realty Services, LLC

Sold By Keller Williams Realty Buffalo

Add your commute
LISTING UPDATED: 03/24/2023 03:07 PM

Property Details for 547 East Utica Street

StatusClosed
MLS #B1308017
Days on Market68
Taxes$806 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1900
Lot Size0.11 AC / 4,996 SF
CountyErie County

Location

Listing Courtesy of Investor Realty Services, LLC

Sold By Keller Williams Realty Buffalo

Add your commute

Building Information for 547 East Utica Street

Stories3Residences3Year Built1900Building Size-Lot Size0.11 AC / 4,996 SF

Payment Calculator

$919 per month

30 year fixed, 7.25% Interest

Principal and Interest

$851

Property Taxes

$67

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 547 East Utica Street

Summary
Location and General Information
  • Elementary School District: Buffalo
  • High School District: Buffalo
  • Middle Or Junior School District: Buffalo
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Buffalo City-140200
  • Tax Annual Amount: $806.00
Property
Lot Information
  • Building Area Total: 2955.0
  • Land Features: Other, Rectangular, See Remarks
  • Num Of Acres: 0.1147
  • Lot Size Area: 0.1147
  • Lot Size Square Feet: 4996.0
  • Lot Size Units: Acres
  • Parcel Number: 140200-100-510-0001-024-000
  • Lot Number: 24
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $30,800
  • Year Built: 1900
  • Year Built Description: Existing
  • Zoning Description: Other - See Remarks
Utilities
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Steel Siding, Vinyl Siding, PEXPlumbing
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony, Patio
  • Roof Description: Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Laminate, Other, See Remarks, Varies
  • Heating: Gas, Baseboard, Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Natural Woodwork
  • Sq Ft Total: 2955.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $27,600.00
  • Net Operating Income: $26,794.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Insurance, Maintenance Structure, Maintenance, Professional Management, Trash, Water Sewer
  • Stories: 3
  • Stories Total: 3
Unit 1
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Den/Family Room,Dining Area With Kitchen,Eat-In Kitchen
  • Unit Type Total Rent: $700.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Unit 2
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Den/Family Room,Dining Area With Kitchen,Eat-In Kitchen,Porch
  • Unit Type Total Rent: $800.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 800
Unit 3
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Den/Family Room,Dining Area With Kitchen,Eat-In Kitchen
  • Unit Type Total Rent: $800.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 800
Rental
Rental Information
  • Rent Includes: Other, See Remarks
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 547 East Utica Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 547 East Utica Street

Taxable ValueLand$5,500Additions$37,500Total$43,000
Tax Record2023$223 ($19 / month)
Home Facts
Baths3.5Total Finished SqFt2,955 SqFtAbove Grade Finished SqFt2,955 SqFtStories2Lot Size4,995 SqFtStyleTriplexYear Built1900ZoningN-3RCountyERIEAPN140200 100.51-1-23.12

Schools near 547 East Utica Street

This home is within Buffalo City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Community School 53 At 4
PublicPK to 8

Pathways Academy
Public9 to 12

East Community School
Public9 to 12

P.S. 74 Hamlin Park Elementary School
PublicPK 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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Similar Sold 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Investor Realty Services, LLC

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.