41 Winspear Avenue, Buffalo

A-Active  $1,990,000
  • Remarks: Presenting for sale a portfolio of 12 houses. 10 are located just South of the Univ of Buffalo Southern Campus in opportunity zone Tract#360290047.00. Houses are 100% rented and offer strong cash flow. Opportunity Zone Investment /Strong Cash Flows /Lrg Pool of Student Tenants /Desirable Student Housing Neighborhood /Proximity to Campus /Buffalo NY Revival Story/Hard to Reconstitute Portfolio. The Univ Hts neighborhood is in the northern corner of Buffalo. Main St (NY 5) bisects Univ Hts. Main St in Univ Hts has an assortment of restaurants, bars, retail stores, and places of worship, many catering to the students of the Univ at Buffalo. The neighborhood serves as the northern terminus of the City’s Metro Rail system as well as the home to the University at Buffalo’s South Campus, whose presence creates a unique cultural and demographic dynamic. Most of the neighborhood consists of single family and multifamily residential homes. Two major commercial corridors, Main Street and Bailey Avenue, differentiate distinct areas of the neighborhood. Current conditions of the University Heights show a resilient neighborhood that is shaped by both challenges and opportunities.

Property Details

  • Status: A-Active
  • MLS #: B1277104
  • Price: $1,990,000
  • Beds Total: 4
  • Baths Total: 1.1
  • Full Baths: 1
  • Half Baths: 1
  • Lot Number: 14
  • Neighborhood: University Heights
  • Postal City: Buffalo
  • Sq Ft Total: 1426
  • Village: Not Applicable
  • Year Built: 1900

Interior Features

  • Basement Description: Partially Finished
  • Floor Description: Vinyl-Some,Wood-Some
  • Kitchen Equip Appl Included: Cooktop – Electric,Dryer,Refrigerator,Washer
  • Additional Rooms: 1st Floor Bedroom,Laundry-Basement,Living Room
  • Stories: 2
  • Rooms: 6
  • Attic Description: Unfinished
  • Num Bedrooms 1 St Floor: 1
  • Num Bedrooms 2 Nd Floor: 3
  • Num Fireplaces Total Calculated: 1
  • Num Fireplaces Woodburning: 1
  • Num Full Baths 2 Nd Floor: 1
  • Num Half Baths 1 St Floor: 1

Exterior Features

  • Driveway Description: Blacktop
  • Exterior Construction: Wood
  • Foundation Description: Stone
  • Garage Description: No Garage
  • HVAC Type: Forced Air
  • Heating Fuel Description: Gas
  • Lot Dimensions Depth: 112
  • Lot Dimensions Frontage: 35
  • Lot Information: Neighborhood Street
  • On Waterfront Y/N: N
  • Roof: Shingles
  • Sewer: Sewer Connected
  • Styles Of Residence: 2 Story
  • Water Heater Fuel: Gas
  • Water Resources: Public Connected

Financial/Other Information

  • Age of Building: 120
  • City Village Tax: 522
  • HOA Payment Description: None
  • School Tax: 495
  • Total Taxes: 1406
  • Town County Tax: 389
  • Type of Sale: Normal

This Listing is Courtesy of: Realmart Realty LLC.
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This MLS® Was Updated (-Minutes) Ago.

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