Buffalo, NY 14201 348 Virginia Street

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Presented By: Luigi Rodo with Keller Williams Realty WNY;
  • MLS# B1601684
  • 04/23/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 4
  • SQFT • 2,882

Home Details

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.
Presented By: Luigi Rodo with Keller Williams Realty WNY;

Interior Features for 348 Virginia Street

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths0
Main Level Bathrooms
Total Baths4

Other Interior Features

BasementFull, Partial
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringCarpet, Hardwood, Laminate, Varies, Vinyl
Heating Y/NYes
Interior AmenitiesCeilingFans, Storage
Laundry FeaturesWasherHookup
Total Fireplaces
Total Stories1

General for 348 Virginia Street

AppliancesGasWaterHeater
Architectural StyleFourplex
CityBuffalo
Construction MaterialsAluminumSiding, VinylSiding, WoodSiding, CopperPlumbing, PexPlumbing
CountyErie
ElectricCircuitBreakers
Elementary School DistrictBuffalo
Full Baths4
Garage Spaces0.0
HeatingGas, Baseboard, ForcedAir, Steam
High School DistrictBuffalo
Lot Size Square Feet6455.0
Lot Size UnitsAcres
MLS AreaBuffalo City-140200
Middle/Junior School DistrictBuffalo
Number Of Units Total4
OwnerPaysGroundsCare, SnowRemoval, TrashCollection, Water
PossessionCloseOfEscrow
Property ConditionResale
Property SubtypeMultiFamily
Property TypeResidential
Rent IncludesCommonAreaMaintenance, Gardener, SnowRemoval, TrashCollection, Water
RoofShingle
School DistrictBuffalo
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Tax Annual Amount4743.0
Tax Assessed Value292000
Tax Lot27
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Year Built1870
Year Built DetailsExisting

Exterior for 348 Virginia Street

Building Area Total2882.0
Exterior AmenitiesFullyFenced, Fence
FencingFull, Partial
Foundation DetailsBlock, Poured
Gulf-FrontNo
Lot Dimensions57X102
Lot FeaturesPieShapedLot, NearPublicTransit, ResidentialLot
Lot Size Acres0.1482
Lot Size Area0.1482
Number of Separate Electric Meters4
Number of Separate Gas Meters3
Parking FeaturesConcrete, ParkingAvailable, TwoOrMoreSpaces
Road Frontage TypeCityStreet
Water SourceConnected, Public

Additional Details

Price History

Mark Siwiec

CEO
Price $350,000
MLS#B1601684
List Date 04/23/2025
Property Type Multi-Family
Phone
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