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  • $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

    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!
    6 days
    on Zillow
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    460
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    24
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    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#: B1631280MLS LogoOriginating MLS: Buffalo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2961 Bailey Ave.

    Next available tour time:Tomorrow at 11am

    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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