5 months on rocket

Backup Offers

1040 Elmwood Ave, Buffalo, NY, 14222

$479,900

Home List Price

$5,699*

Closing Credit

6 Bedrooms
4 Full Baths
2,840 SqFt
$169/SqFt
Multi

Location

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1040 Elmwood Ave, Buffalo$479,900

Buyer Closing Credits

$5,699*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete, Two or More Spaces
Year Built1925
HeatingNatural Gas, Forced Air
BasementYes
MLS #B1538306
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1040 Elmwood Ave

Situated in the highly desirable Elmwood Village area, this updated 3-unit property is ideal for investors or owner-occupants. Each unit has been thoughtfully updated, offering modern comforts and stylish finishes. Convenient off-street parking for 4 cars and a prime walkable location make this an outstanding investment opportunity. Unit 1 is a charming 1 bed, 1 bath unit w/a spacious entry closet & French doors to the bedroom. Hardwood floors & natural woodwork in the Living Rm. Updated kitchen with modern cabinets, granite countertops, tile backsplash, and SS appliances, and a stylish bathroom featuring tile flooring & a subway tile shower. Unit 2 features 1 bed, 1 bath w/luxury vinyl plank flooring, replacement windows, an updated bathroom, and kitchen with updated cabinets. Unit 3 is a 4 bed, 2 full bath with kitchen, living rm, dining rm, & bonus rm making it perfect unit to owner occupy. Coin laundry in the basement. Additional updates include the Roof, both furnaces, the exterior painted, some replacement windows and some water lines.

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Year Built: 1925
  • Stories: 3
  • Living Area: 2,840 SqFt

Listing Office:

  • Office Name: Century 21 North East
  • Office Phone: (716) 773-4833
  • Listing Agent: Geraldine A Andolina

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate, Luxury Vinyl, Tile, Varies
  • Interior: Natural Woodwork

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Fully Fenced, Fence, Patio

Parking Information:

  • Parking: Concrete, Two or More Spaces

Lot Features

Lot Information:

  • Lot: Near Public Transit, Rectangular Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Elmwood near Bird

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,900
  • Price Per SqFt: $169/SqFt

Tax Information:

  • Annual Amount: $1,751
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Buffalo, NY.

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Buffalo, NY

City

Med. Sold Price

$234.9K

Med. Price/SqFt

$160

Avg. Days On Market

21

# of Sold Homes

373

1040 Elmwood Ave vs Buffalo

162 DAYS ON ROCKET

+141 Days

$479,900

+$244.9K More

$169/SqFt

+$8 More

KEY TAKEAWAY

This property is $244.9K more than the Median Sold Price and $8/SqFt more than other homes in Buffalo, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1538306

Listing Office:

  • Office Name: Century 21 North East
  • Office Phone: (716) 773-4833
  • Listing Agent: Geraldine A Andolina

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/5/2024, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 05, 2008Home Sold
$102,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,751$260,000
2019$3,375$129,000
2018$3,330$129,000
2017$3,140$129,000

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,505

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2097869
3
/10

  • International School

  • 141 Hoyt St

  • 0.63 miles

  • Public District Grades PK-6

school-card-donut-2097870
1
/10

  • PS 17

  • 1045 W Delavan Ave

  • 0.90 miles

  • Public District Grades PK-4

school-card-donut-2097871
5
/10

  • West Buffalo Charter School

  • 113 Lafayette Ave

  • 0.96 miles

  • Public Charter Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,397. Most Buffalo, NY residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Erie County›Buffalo›14222›1040 Elmwood Ave

This home is located at 1040 Elmwood Ave in Buffalo, NY and zip code 14222 in the Forest neighborhood. This 2,840 square foot home, which was built in 1925, sits on a 0.11 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 27, 2024 and is currently priced at $479,900.

In October 2024 more than 238 listings in Buffalo, NY were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 109 were sold below. The number of listings in Buffalo, NY decreased by 11.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $234,919, while the average time on the real estate market was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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