2961 Bailey Ave – Prime Investment Opportunity!
Discover a well-maintained multi-family property in the heart of Buffalo, offering 10 income-generating units including a mix of one-bedroom, two-bedroom, three-bedroom, and a studio apartment. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors.
Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $900 per month, bringing in a solid monthly gross income of $8,100 and an annual gross potential of $97,200.
Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round.
Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns. Don't wait. Don't wait to lose this opportunity to own this cash-cow investment property. Showing starts immediately!
Active
$499,900
2961 Bailey Ave, Buffalo, NY 14215
10beds
0baths
7,532sqft
Multi Family
Built in 1936
-- sqft lot
$-- Zestimate®
$66/sqft
$-- HOA
What's special
- 6 days
- on Zillow |
- 460 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 06:28am
Listing by:
Towne Housing Real Estate 716-264-4135,
Sabbir Ahmed 929-424-0890
Source: NYSAMLSs,MLS#: B1631280
Originating MLS: Buffalo

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 0
Heating
- Gas, Baseboard
Appliances
- Included: Gas Cooktop, Gas Water Heater, Refrigerator
Features
- Flooring: Carpet, Hardwood, Tile, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 7,532
- Total interior livable area: 7,532 sqft
Property
Parking
- Parking features: No Garage
Features
- Stories: 3
- Exterior features: Concrete Driveway
Lot
- Size: 4,904.86 Square Feet
- Dimensions: 45 x 109
- Features: Flag Lot, Near Public Transit
Details
- Parcel number: 1402000904100009046000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Frame
- Roof: Shingle
Condition
- Resale
- Year built: 1936
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Buffalo
Financial & listing details
- Price per square foot: $66/sqft
- Tax assessed value: $232,000
- Annual tax amount: $5,560
- Date on market: 8/17/2025
- Listing terms: Cash
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