48 Rand Avenue
Buffalo, NY 14216
- 5 beds
- 3 baths
- 3,114 sqft
- 5,265 sqft lot
- $123 per sqft
- 1910 build
- – on site
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!
Last checked:
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Last updated Nov 22, 2024
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MLS# B1568974 —
The Building
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Year Built:1910
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Year Built Details:Existing
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Construction Materials:VinylSiding
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Architectural Style:Triplex
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Roof:Asphalt
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Basement:Full
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Basement:true
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Exterior Features:Deck,Fence,Patio
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Patio And Porch Features:Deck,Patio
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Levels:Two
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Building Area Total:3114.0
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Building Area Source:PublicRecords
Interior
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Flooring:Carpet,CeramicTile,Hardwood,Laminate,LuxuryVinyl,Tile,Varies
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Fireplace:false
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Stories:2
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Stories Total:2
Room Dimensions
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Living Area:3,114 Sqft
Location
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Directions:Delaware or Edge Park to Rand Avenue
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:140200-078-790-0002-025-000
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Lot Features:Other,SeeRemarks
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Lot Size Dimensions:39X135
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Lot Size Acres:0.1209
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Lot Size SqFt:5265.0
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Lot Size Area:0.1209
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Lot Size Units:Acres
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Waterfront:false
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Fencing:Partial
Listing Agent
- Contact info:
- Agent phone:
- (716) 310-7235
- Office phone:
- (716) 310-7235
Taxes
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Tax Lot:25
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Tax Annual Amount:5537.0
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Tax Assessed Value:401000
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heating:Gas,Baseboard,ForcedAir
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Heating:true
Utilities
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Utilities:HighSpeedInternetAvailable,SewerConnected,WaterConnected
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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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Garage:true
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Garage Spaces:3.0
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Parking Features:Garage,Paved,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 |
|---|---|---|---|---|
|
10/28/24
Oct 28, 2024
|
Pending | NYSAMLS | $384,900 | |
|
10/24/24
Oct 24, 2024
|
Price Changed | NYSAMLS | $384,900 | -6.1% |
|
10/8/24
Oct 8, 2024
|
Listed / Active | NYSAMLS | $409,900 | 138.3% (8.8% / YR) |
