540 Grant Street

Buffalo, NY 14213

$479,900
Price
6
Beds
2
Baths
1
1/2 Bath
2,400 Sq. Ft.
$200 / Sq. Ft.
2,400
Sq. Ft.
$200
per Sq. Ft.

Description

Attentional all investors! 540 Grant Street is a unique opportunity to purchase a building with endless
possibilities for rental income. This is a residentially zoned property that has a 2 unit building and also a
detached unit that is currently being utilized as a storefront right in the heart of Buffalo's most popular West Side. There's also the potential to turn the detached unit into a studio rental unit, in law suite, office rental, and so much more. The storefront boasts an AC wall unit, one
...Attentional all investors! 540 Grant Street is a unique opportunity to purchase a building with endless
possibilities for rental income. This is a residentially zoned property that has a 2 unit building and also a
detached unit that is currently being utilized as a storefront right in the heart of Buffalo's most popular West Side. There's also the potential to turn the detached unit into a studio rental unit, in law suite, office rental, and so much more. The storefront boasts an AC wall unit, one half bathroom, and tons of space. The possibilities are endless! The two unit house boasts hardwood flooring throughout, freshly painted walls in both units, large kitchen spaces, and an additional partially finished attic space. Lower unit has a wall AC unit for easy cooling. Upper unit contains 4 bedrooms and 1 bathroom, lower unit has 2 bedrooms and 1 bathroom. Being located right by Buffalo State University, the rental income potential is amazing for this property! Perfect for investors or owner occupants.
  1. Listed by Mary Valle • Century 21 North East
    P: (716)-773-4833 C: (716)-427-8621 maryvallecentury21@gmail.com

Property Details for 540 Grant Street

Styles Of Residence
Detached, Triplex
On Waterfront
No
Parking Description
Common, Concrete, On Street, Two Or More Spaces
Nearest Cross Street
Forest Ave
LISTING UPDATED: 10/21/2024 08:27 AM

Property Details for 540 Grant Street

StatusActive
MLS #B1572810
Days on Market35
Taxes$857 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential / Mixed Use
Year Built1910
Lot Size0.18 AC / 8,040 SF
CountyErie County

Building Information for 540 Grant Street

Stories2Residences3Year Built1910Lot Size0.18 AC / 8,040 SF

Property Information for 540 Grant 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: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Buffalo City-140200
  • Tax Annual Amount: $857.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2400.0
  • Land Features: Near Public Transit
  • Num Of Acres: 0.1846
  • Lot Size Area: 0.1846
  • Lot Size Square Feet: 8040.0
  • Lot Size Units: Acres
  • Parcel Number: 140200-088-590-0003-015-100
  • Road Frontage: Main Thoroughfare
  • Lot Number: 15
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $47,000
  • Year Built: 1910
  • Year Built Description: Existing
  • Zoning Description: Residential 2 Unit
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Awnings, Fence
  • Fencing: Partial
  • Foundation Description: Stone
  • Roof Description: Asphalt
  • Type Of Building: Mixed
Interior Features
  • Appliances: See Remarks, Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • HVAC Type: Wall Units
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies
  • Heating: Other, See Remarks, Radiant
  • Heating YN: Yes
  • Interior Features: Natural Woodwork
  • Laundry Features: Common Area
  • Levels: Two
  • Sq Ft Total: 2400.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Other, See Remarks
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 540 Grant 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 540 Grant Street

Taxable ValueLand$7,000Additions$40,000Total$47,000
Tax Record2023$244 ($20 / month)
Home Facts
Baths2Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories2Lot Size8,040 SqFtStyleDuplexYear Built1910ZoningN-2ECountyERIEAPN140200 88.59-3-15.1

Schools near 540 Grant 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 - PK to 8
Rating
School
Distance
Native American Magnet
PublicPK to 8

Newcomer Academy At Lafayette
Public9 to 12

Lafayette International School
Public9 to 12

International School
PublicPK to 8

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.

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540 Grant Street is a mixed use property for sale in Buffalo, NY 14213. This property was listed for sale on October 18, 2024 by Century 21 North East, it's currently listed at $479,900. It has been on the market for a total of 35 days and was last sold on March 9, 2012. This listing's school district is Buffalo City School District. Nearby schools include Native American Magnet, Newcomer Academy At Lafayette and Lafayette International School. 540 Grant Street is a 6-bed, 2.5-bath, 2,400 sqft mixed use property built in 1910.

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 Century 21 North East

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.