348 Virginia Street
Buffalo, NY 14201
- 6 beds
- 4 baths
- 2,882 sqft
- 6,455 sqft lot
- $121 per sqft
- 1870 build
- – on site
An amazing investment opportunity in highly-desirable Allentown! 348 Virginia is TWO, 2-Family homes on a single parcel, in an unbeatable and convenient location-ideal for an investor or owner-occupant. Each structure offers both upper & lower units. The front house includes a spacious lower 3-bed, with updated vinyl flooring and currently rented to a tenant of 5+ yrs at $950/m. The bright & cozy upper 1-bed has fresh paint, updated windows, flooring, kitchen, new refrigerator & is ready for its new owner or great tenant. Both units in the rear house are 1-bed apts that are mirror images of each other. The upper is a tenant of 5+ yrs at $700/m. The rear lower also has fresh paint, new flooring, updated cabinetry, renovated bathroom, new refrigerator & ready for its next resident. Both homes feature maintenance free vinyl siding, newer roofs ('15), w updated electrical systems, plumbing upgrades, & newer HWTs—all delivers peace of mind for the property’s new owner. Coveted off-street parking, w dedicated spaces for each unit as well as green space between the homes. Past gross annual income of $42,000, commanding an attractive cap-rate, priced to sell and WELL BELOW assessed value! Positioned in historic Allentown, the property sits just steps from the area’s shopping, restaurants, nightlife and a short walk to Day’s Park, Klienhan’s Music Hall, the Medical Corridor, and downtown. Don’t miss the rare chance to own this multi-unit property in a prime and desirable location! Please allow 24-48hr notice to view rented spaces. Open house Saturday, April 26th 11am-1pm.
Last checked:
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Last updated Apr 23, 2025
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MLS# B1601684 —
The Building
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Year Built:1870
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Year Built Details:Existing
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Construction Materials:AluminumSiding,VinylSiding,WoodSiding,CopperPlumbing,PexPlumbing
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Architectural Style:Fourplex
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Roof:Shingle
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Basement:Full,Partial
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Basement:true
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Foundation Details:Block,Poured
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Exterior Features:FullyFenced,Fence
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Building Area Total:2882.0
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Building Area Source:PublicRecords
Interior
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Interior Features:CeilingFans,Storage
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Flooring:Carpet,Hardwood,Laminate,Varies,Vinyl
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Fireplace:false
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Laundry Features:WasherHookup
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Stories Total:1
Room Dimensions
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Living Area:2,882 Sqft
Financial & Terms
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Rent Includes:CommonAreaMaintenance,Gardener,SnowRemoval,TrashCollection,Water
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:Resale
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Parcel Number:140200-111-210-0007-027-100
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Lot Features:PieShapedLot,NearPublicTransit,ResidentialLot
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Lot Size Dimensions:57X102
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Lot Size Acres:0.1482
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Lot Size SqFt:6455.0
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Lot Size Area:0.1482
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Lot Size Units:Acres
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Waterfront:false
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Fencing:Full,Partial
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Road Frontage Type:CityStreet
Listing Agent
- Contact info:
- Agent phone:
- (716) 913-5126
- Office phone:
- (716) 832-3300
Taxes
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Tax Lot:27
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Tax Annual Amount:4743.0
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Tax Assessed Value:292000
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Heating:Gas,Baseboard,ForcedAir,Steam
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Heating:true
Utilities
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Utilities:SewerConnected,WaterConnected
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Electric:CircuitBreakers
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Sewer:Connected
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Water Source:Connected,Public
Appliances
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Appliances:GasWaterHeater
Schools
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Elementary School District:Buffalo
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Middle Or Junior School District:Buffalo
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High School District:Buffalo
The Community
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Senior Community:false
Parking
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Parking Features:Concrete,ParkingAvailable,TwoOrMoreSpaces
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/23/25
Apr 23, 2025
|
Listed / Active | NYSAMLS | $350,000 | 27.3% (6.3% / YR) |
|
3/9/25
Mar 9, 2025
|
Price Changed | NYSAMLS | ||
|
2/17/25
Feb 17, 2025
|
Price Changed | NYSAMLS |
