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  • $658,250

    428 Norwood Ave, Buffalo, NY 14222

    7beds
    3,114sqft
    Triplex, Multi Family
    Built in 1905
    -- sqft lot
    $562,500 Zestimate®
    $211/sqft
    $1,337 Estimated rent

    What's special

    Welcome to 428 Norwood, in the Elmwood Village. This 3-Unit Property is a rare opportunity in one of Buffalo's most sought-after communities. 1st Floor tenant has flexibility in lease leaving room for an owner-occupied unit. Financials provided in the attachments, $48,964.00 in NOI. a 7.21% Cap Rate. Reference attachments for floor plans. Each unit has separate utilities, High-efficiency forced air furnaces for the first and second floor units, central AC, gas hot water tanks and 100-Amp electrical services. Separate laundry for each unit. 1st-floor unit features a large living space, completely remodeled kitchen with a massive center island. 2 large bedrooms and a perfect work from home office space as well. Screened-in porch off the back. 2nd floor unit is a spacious 3-bedroom with an open floor plan and a completely remodeled kitchen. 3rd-floor unit makes an amazing usage of the square footage and the attention to detail in the remodeling throughout the property is just as apparent. This unit is currently being used on STR sites. Concrete driveway with parking for 3 vehicles. Stately exterior loaded with historical charm and the updates provide the convenience of modern living.

    Zillow last checked: 7 hours ago

    Listing updated: January 06, 2025 at 06:16am

    Listed by:

    Joseph Strano 716-445-0574,

    Iconic Real Estate

    Bought with:

    Laurie L Ehrmann, 10301221495

    Keller Williams Realty WNY

    Source: NYSAMLSs,MLS#: B1567882MLS LogoOriginating MLS: Buffalo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Ceiling Fan(s), Skylights
    • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile, Varies
    • Windows: Skylight(s)
    • Basement: Full
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 3,114
    • Total interior livable area: 3,114 sqft

    Property

    Parking
    • Parking features: Concrete, On Street, Two or More Spaces
    Features
    • Stories: 3
    • Patio & porch: Balcony
    • Exterior features: Balcony
    Lot
    • Size: 4,560 sqft
    • Dimensions: 36 x 125
    • Features: Rectangular, Residential Lot
    Details
    • Parcel number: 1402001002900001010000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Triplex
    • Property subtype: Triplex, Multi Family
    Materials
    • Vinyl Siding, Wood Siding, Copper Plumbing
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1905

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Buffalo

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    Services availability