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.
Closed
$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
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#: B1567882
Originating 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