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    • $387,000

    48 Rand Ave, Buffalo, NY 14216

    5beds
    3,114sqft
    Triplex, Multi Family
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $124/sqft
    $984 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $984/mo

    Zestimate® history
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    What's special

    Off-street parkingArchitectural shinglesNew steam boilerBeautiful hardwood floors
    Prime 3-Unit Investment Property in Ideal Location – Fully Occupied! Welcome to 48 Rand Avenue, a well-maintained, income-generating multi-family property featuring 3 fully-occupied units. This property boasts a solid rental history with a current rent roll of $3,010 per month, making it a fantastic opportunity for both investors and owner-occupants. Property Features Upper Unit: Spacious 3-bedroom, 1-bath unit with beautiful hardwood floors. Lower Front Unit: Large 1-bedroom apartment offering ample living space. Lower Rear Unit: Cozy 1-bedroom unit, perfect for tenants seeking comfort and affordability. Parking: Off-street parking for 3 cars, including a covered garage. Updates: Vinyl siding installed (11-2014) Complete tear-off roof with architectural shingles (6-2013) New steam boiler for the upper unit (6-2016) Various flooring and kitchen updates throughout the property This low-maintenance property has been thoughtfully updated to ensure long-term durability and tenant satisfaction. Don't miss out on this turnkey investment opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher P Wietig chris@buffalopropertypartners.com,

    Buffalo Property Partners LLC

    Bought with:

    Fawne Carver, 10401259523

    Keller Williams Realty WNY

    Source: NYSAMLSs,MLS#: B1568974MLS LogoOriginating MLS: Buffalo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas, Baseboard, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Luxury Vinyl, Tile, Varies
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,114
    • Total interior livable area: 3,114 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, Paved, Parking Available, Two or More Spaces
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Deck, Fence, Patio
    • Fencing: Partial
    Lot
    • Size: 5,266 Square Feet
    • Dimensions: 39 x 135
    • Features: Other, See Remarks
    Details
    • Parcel number: 1402000787900002025000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Triplex
    • Property subtype: Triplex, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1910

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected

    Community & HOA

    Location
    • Region: Buffalo

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $401,000
    • Annual tax amount: $5,537
    • Date on market: 10/8/2024
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

    Price history

    DateEventPrice
    2/21/2025Sold$387,000+0.5%$124/sqft
    Source: NYSAMLSs #B1568974 Report a problem
    10/28/2024Pending sale$384,900$124/sqft
    Source: NYSAMLSs #B1568974 Report a problem
    10/24/2024Price change$384,900-6.1%$124/sqft
    Source: NYSAMLSs #B1568974 Report a problem
    10/8/2024Listed for sale$409,900+138.3%$132/sqft
    Source: NYSAMLSs #B1568974 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    8/22/2019Listing removed$895
    Source: Owner Report a problem
    8/5/2019Price change$895-5.8%
    Source: Owner Report a problem
    7/17/2019Listed for rent$950
    Source: Owner Report a problem
    1/16/2009Sold$172,000$55/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2018$3,696 $145,000
    2017$3,696 +328.4%$145,000
    2016$863 $145,000
    2015-- $145,000
    2014-- $145,000
    Find assessor info on the county website

    Neighborhood: Park Meadow

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Buffalo

    Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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