348 Virginia Street

Buffalo, NY 14201

$394,900
Price
6
Beds
4
Baths
2,882 Sq. Ft.
$137 / Sq. Ft.
2,882
Sq. Ft.
$137
per Sq. Ft.

Description

An amazing investment opportunity in Allentown! 348 Virginia is TWO, 2-Family homes on a single parcel, in an unbeatable location-ideal for investors or owner-occupants!  Each structure offers both upper & lower units. The front house includes a spacious lower 3-bed, currently rented to a tenant of 4+ yrs at $950/m. The bright & cozy upper 1-bed has fresh paint, updated windows, flooring, kitchen, new refrigerator & is ready for its new owner or great tenant. Both units in the rear house are 1-bed...An amazing investment opportunity in Allentown! 348 Virginia is TWO, 2-Family homes on a single parcel, in an unbeatable location-ideal for investors or owner-occupants!   Each structure offers both upper & lower units. The front house includes a spacious lower 3-bed, currently rented to a tenant of 4+ yrs at $950/m. The bright & cozy upper 1-bed has fresh paint, updated windows, flooring, kitchen, new refrigerator & is ready for its new owner or great tenant. Both units in the rear house are 1-bed apts. The upper is a tenant of 4+ yrs at $700/m.  The rear lower also has fresh paint, new flooring, updated cabinetry, new refrigerator & ready for its next resident.   Both homes feature newer roofs ('15), updated electrical systems, plumbing upgrades, & newer HWTs. Coveted off-street parking, w dedicated spaces for each unit.  Past gross annual income of $42,000-don't miss the rare chance to own this multi-unit property in a desirable location! Please allow 24-48hr notice. Open Houses Wednesday, November 20th from 4-5pm and Saturday, November 23rd from 11am-1pm.
  1. Listed by Luigi Rodo • Keller Williams Realty WNY
    P: (716)-832-3300 C: (716)-913-5126 LuigiRodo@KW.com

Property Details for 348 Virginia Street

Styles Of Residence
Fourplex
On Waterfront
No
Parking Description
Concrete, Parking Available, Two Or More Spaces
Nearest Cross Street
Elmwood

Open Houses

Sunday, Dec 22nd

1:00 PM - 3:00 PM

Public

LISTING UPDATED: 12/21/2024 03:01 PM

Property Details for 348 Virginia Street

StatusActive
MLS #B1570075
Days on Market79
Taxes$4,743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1870
Lot Size0.15 AC / 6,455 SF
CountyErie County

Building Information for 348 Virginia Street

Stories1Residences4Year Built1870Building Size-Lot Size0.15 AC / 6,455 SF

Property Information for 348 Virginia Street

Summary
Location and General Information
  • Elementary School District: Buffalo
  • High School District: Buffalo
  • Middle Or Junior School District: Buffalo
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Buffalo City-140200
  • Tax Annual Amount: $4,743.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2882.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.1482
  • Lot Size Area: 0.1482
  • Lot Size Square Feet: 6455.0
  • Lot Size Units: Acres
  • Parcel Number: 140200-111-210-0007-027-100
  • Road Frontage: City Street
  • Lot Number: 27
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $292,000
  • Year Built: 1870
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Steel Siding, Vinyl Siding, Wood Siding, Copper Plumbing, Pex Plumbing
  • Exterior Features: Fully Fenced, Fence
  • Fencing: Full, Partial
  • Foundation Description: Block, Poured
  • Roof Description: Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full, Partial
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Heating: Gas, Baseboard, Forced Air, Steam
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Storage
  • Laundry Features: Washer Hookup
  • Sq Ft Total: 2882.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $42,000.00
  • Net Operating Income: $26,259.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expenses: $10,998.00
  • Operating Expense Includes: Insurance, Professional Management, Rent, Trash, Water Sewer
  • Stories Total: 1
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Dining Area With Kitchen,Eat-In Kitchen
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Dining Area With Kitchen,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $700.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Den/Family Room,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 4
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Dining Area With Kitchen,Eat-In Kitchen,Formal Dining Room,Living Room
  • Unit Type Total Rent: $950.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 950
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Gardener, Snow Removal, Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 348 Virginia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 348 Virginia Street

Taxable ValueLand$15,400Additions$276,600Total$292,000
Tax Record2023$1,518 ($126 / month)
Home Facts
Baths3.5Total Finished SqFt1,762 SqFtAbove Grade Finished SqFt1,762 SqFtStories2Lot Size6,455 SqFtStyleMulti-Family Dwelling (2-4)Year Built1870ZoningN-2RCountyERIEAPN140200 111.21-7-27.1

Schools near 348 Virginia Street

This home is within Buffalo City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Herman Badillo Community School
PublicPK to 8

Emerson School Of Hospitality
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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348 Virginia Street is a multi-family home for sale in Buffalo, NY 14201. This property was listed for sale on October 4, 2024 by Keller Williams Realty WNY, it's currently listed at $394,900. It has been on the market for a total of 79 days and was last sold on December 30, 2020. This listing's school district is Buffalo City School District. Nearby schools include Herman Badillo Community School, Hutchinson Central Technical High School and Emerson School Of Hospitality. 348 Virginia Street is a 6-bed, 4-bath, 2,882 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty WNY

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.