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Off market
  • $257,600

    1398 Electric Ave, Buffalo, NY 14218

    --beds
    0baths
    3,900sqft
    MultiFamily
    Built in 1950
    -- sqft lot
    $257,600 Zestimate®
    $66/sqft
    $1,139 Estimated rent

    Home value

    $257,600

    $232,000 - $289,000

    $1,139/mo

    Zestimate® history
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    $1,139/mo

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    $1,139/mo

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    $1,769/mo

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    $1,769/mo

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    What's special

    BACK ON MARKET & priced below appraised value! Don't miss out on this huge income opportunity by owning this 4 unit complex with detached garage w/ plenty of off street parking & green space! There are 2 lots included in sale: 1398 Electric (house) & 1396 Electric (side lot). Income approx $20k+/yr in current conditions! Many updates in ALL the units through the years including new roof, gutters & sewer line in 2021, renovated baths, furnace, various plumbing & fixtures! Very dry basement/laundry hookups/storage! Owner occupy or rent the huge upper unit (#3) which is a 2 story unit that includes 3 large bedrms, large loft area & bath w/oversized living room w/cathedral ceiling & access to porch & side deck, dining rm area, spacious kitchen, (potential rent could be over $700+). Ground level are 4 spacious 1bed/1bath units & offer full appliances (potential rents could be $500+). Unit #2 (occupied) was completely remodeled in 2016. Easy to show all vacant units (occupied unit 2 with appointment). Easy rental location & close to so many amenities! 2023-01-11

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Forced air, Wall
    Interior area
    • Total interior livable area: 3,900 sqft

    Property

    Parking
    • Total spaces: 2
    Lot
    • Size: 5,601 Square Feet
    Details
    • Parcel number: 1409001425400004047000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1950

    Community & HOA

    Location
    • Region: Buffalo

    Financial & listing details

    • Price per square foot: $66/sqft

    Price history

    DateEventPrice
    1/6/2023Sold$185,000-4.6%$47/sqft
    Source: NYSAMLSs #B1440721 Report a problem
    11/1/2022Pending sale$194,000$50/sqft
    Source: NYSAMLSs #B1440721 Report a problem
    10/24/2022Listed for sale$194,000+158.7%$50/sqft
    Source: NYSAMLSs #B1440721 Report a problem
    8/19/2014Sold$75,000$19/sqft
    Source: NYSAMLSs #B452877 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lackawanna

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $257,600
    2% more
    +$5,152
    With Zillow Showcase(estimated)
    $262,752