About 340 Elmwood Avenue
340 Elmwood Ave. is a versatile 1900’s Victorian mansion situated on a visible and easily accessible Elmwood Village thoroughfare! The asset enjoys strong occupancy and is comprised of both apartments and a rooming house setup, (which is fully licensed). This product type fills a demanding housing option for many home seekers with limited budgets and need requirements. The property offers some off-street parking, common laundry facilities. All utilities included! 340 Elmwood is in very close proximity to downtown Buffalo, N.Y., the Canadian border and all major thruway arteries in and out of the city of buffalo and surrounding suburb locations. This is an excellent opportunity to utilize the property in the same format, or potentially setup as an owner occupied use, or possible Bed and Breakfast services and/or an AIRBNB service rental. The property enjoys strong occupancy with both leases and month to month tenancy. There are updated mechanicals and roof. several units come with appliances. The single rooms share two common and modern bathroom facilities, located on the 2nd and 3rd floors, and are professionally miantained monthly. four of the rentals have their own private bath 340 Elmwood has direct access to public transportation and is close to the Medical coordinator and Buffalo CBD.
Features of 340 Elmwood Avenue
| MLS® # | B1583499 |
|---|---|
| Price | $639,900 |
| Bedrooms | 1 |
| Bathrooms | 0.00 |
| Square Footage | 4,970 |
| Square Footage | 6800 |
| Acres | 0.16 |
| Year Built | 1900 |
| Type | Multi Family |
| Sub-Type | Rooming House |
| Status | Active |
Community Information
| Address | 340 Elmwood Avenue |
|---|---|
| Area | Buffalo City |
| Subdivision | Elmwood Strip |
| City | Buffalo |
| County | Erie |
| State | NY |
| Zip Code | 14222 |
Amenities
| Utilities | Sewer Connected, Water Connected, All Utilities, Heat, Snow Removal, Trash Collection, Water |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot |
| Parking | Three or more Spaces, No Garage, Shared Driveway |
| Garages | Three or more Spaces, No Garage, Shared Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Other, See Remarks, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater, See Remarks |
| Heating | Gas, Forced Air, Hot Water |
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick, Frame |
|---|---|
| Exterior Features | Blacktop Driveway |
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot |
| Roof | Asphalt |
| Construction | Brick, Frame |
School Information
| District | Buffalo |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Network One Realty |
|---|---|
| Contact Info | 716-874-3530 |