Closed

$250,000

171 Tacoma Ave, Buffalo, NY 14216

6beds

2,656sqft

Multi Family

Built in 1925

-- sqft lot

$332,000 Zestimate^®

$94/sqft

$1,721 Estimated rent

Home value

$332,000

$309,000 - $359,000

$1,721/mo

Zestimate^® history

Owner options

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$1,721/mo

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$1,721/mo

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$1,438/mo

Est. payment

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$1,438/mo

Est. payment

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What's special

New roofNatural woodworkHardwood floorsSeparate utilitiesFull drivewayNewer boilerPrivate rear balcony

Great investment opportunity in highly sought after North Buffalo! This 3/3 double needs some renovation including a new roof, but the ARV is $350K+. Separate utilities, updated electric and newer boiler for the upper unit. Both units feature natural woodwork and hardwood floors. The upper unit has a balcony in both front and back. Lower unit has a private rear balcony. Full driveway and 1.5 car garage. While the property is in need of renovation, the potential for turning it into a lucrative income generator is unparalleled with rents in the area starting at $1,500/month. Property is being sold "as is." Open House Saturday and Sunday (8/26 & 8/27) from 11am-1pm. Offers will be reviewed Tuesday 8/29 at 1pm. No Escalation Clauses.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Baseboard

Appliances

Included: Gas Water Heater

Features

Flooring: Carpet, Hardwood, Varies, Vinyl
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,656
Total interior livable area: 2,656 sqft

Property

Parking

Total spaces: 1.5
Parking features: Paved
Garage spaces: 1.5

Features

Levels: Two
Stories: 2

Lot

Size: 3,937 Square Feet
Dimensions: 37 x 105
Features: Residential Lot

Details

Parcel number: 1402000785500004006000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Composite Siding, Vinyl Siding

Condition

Resale
Year built: 1925

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Holland Land Company's Su

Location

Region: Buffalo

Financial & listing details

Price per square foot: $94/sqft
Tax assessed value: $198,000
Annual tax amount: $3,153
Date on market: 8/21/2023
Cumulative days on market: 8 days
Listing terms: Cash,Conventional,Rehab Financing

Price history

Date	Event	Price
10/19/2023	Sold	$250,000+31.6%$94/sqft
Source: NYSAMLSs #B1492710 Report a problem
8/29/2023	Pending sale	$189,900$71/sqft
Source: NYSAMLSs #B1492710 Report a problem
8/21/2023	Listed for sale	$189,900+21.8%$71/sqft
Source: NYSAMLSs #B1492710 Report a problem
7/29/2020	Listing removed	$1,200
Source: Rondinelli Property Management Report a problem
7/9/2020	Listed for rent	$1,200+20.6%
Source: Rondinelli Property Management Report a problem
9/7/2017	Listing removed	$995
Source: Howard Hanna Real Estate Services #B1069504 Report a problem
8/17/2017	Listed for rent	$995
Source: Howard Hanna #B1069504 Report a problem
8/28/2014	Sold	$155,900$59/sqft
Source: NYSAMLSs #B451855 Report a problem
6/16/2014	Price change	$155,900-8.2%$59/sqft
Source: M J Peterson Real Estate #B451855 Report a problem
5/18/2014	Listed for sale	$169,900+17.2%$64/sqft
Source: M J Peterson Real Estate #B451855 Report a problem
10/24/2013	Listing removed	$145,000$55/sqft
Source: M J Peterson Real Estate #B440256 Report a problem
10/17/2013	Listed for sale	$145,000+38.2%$55/sqft
Source: M J Peterson Real Estate #B440256 Report a problem
2/13/2011	Listing removed	$104,900$39/sqft
Source: ERA Hunt Real Estate Corporation #B369147 Report a problem
10/2/2010	Price change	$104,900-4.5%$39/sqft
Source: ERA Hunt Real Estate Corporation #B369147 Report a problem
9/18/2010	Price change	$109,900-12%$41/sqft
Source: ERA Hunt Real Estate Corporation #B369147 Report a problem
8/11/2010	Listed for sale	$124,900$47/sqft
Source: HUNT Real Estate ERA #B369147 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$289,000 +46%
2024	--	$198,000
2023	--	$198,000
2022	--	$198,000
2021	--	$198,000
2020	--	$198,000 +120%
2019	--	$90,000
2018	--	$90,000
2017	$2,294 +328.4%	$90,000
2016	$535	$90,000
2015	--	$90,000
2014	--	$90,000
2013	--	$90,000
2012	--	$90,000
2011	--	$90,000
2010	--	$90,000 +12.6%
2009	--	$79,900
2008	--	$79,900
2007	--	$79,900
2006	--	$79,900
2005	--	$79,900
2004	--	$79,900
2003	--	$79,900
2002	--	$79,900
2001	--	$79,900 -15.9%
2000	--	$95,000