new - 4 days on rocket

123 Elmwood Ave, Buffalo, NY, 14201

$299,000

Home List Price

$3,551*

Closing Credit

3 Full Baths
3,520 SqFt
$85/SqFt
Multi

Location

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123 Elmwood Ave, Buffalo$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOne Space
Year Built1880
HeatingNatural Gas, Baseboard
BasementYes
MLS #R1581541
Lot Size0.08 Acres
StatusActive

About 123 Elmwood Ave

Come check out this amazing opportunity to own a multi structure home in the heart of Allentown!! With a great plan, drive, and desire, this home can be a beautiful, spacious 4 unit home (or more, as it is currently ready for rehab). Location is everything with this one, being right off of Allen street! The first floor has a large apartment that is partially gutted. The front could be used as commercial space, while keeping an apartment in the back. The second floor has two apartments (front and back units). The third floor is finished with 3 bedrooms, but will need egress for use. There are 3 gas meters, 2 electric meters and 2 hot water tanks. Lets talk about this cottage apartment! There are 2 bedrooms, utility room and a kitchen! It has a separate gas meter and electric is on the front building. There are parking spots available as well! Get your gameplan going with this fantastic structure, and reap the benefits it can provide!

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Stories: 2
  • Living Area: 3,520 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (716) 553-2758
  • Listing Agent: Sean J McGillicuddy

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Varies

Bedroom and Bathroom Information:

  • Full Bathrooms: 3

Exterior Features

Parking Information:

  • Parking: One Space

Lot Features

Lot Information:

  • Lot: Near Public Transit, Rectangular Lot
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $85/SqFt

Tax Information:

  • Annual Amount: $2,878
  • Tax Year: 2019
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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

$237.1K

Med. Price/SqFt

$161

Avg. Days On Market

19

# of Sold Homes

354

123 Elmwood Ave vs Buffalo

4 DAYS ON ROCKET

-15 Days

$299,000

+$61.8K More

$85/SqFt

-$77 Less

KEY TAKEAWAY

This property is $61.8K more than the Median Sold Price and $77/SqFt less than other homes in Buffalo, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #R1581541

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (716) 553-2758
  • Listing Agent: Sean J McGillicuddy

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: 12/21/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $363,000
2019$2,878$110,000
2018$2,839$110,000
2017$2,678$110,000

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-802758
3
/10

  • Persistence Preparatory Academy Charter School

  • 833 Michigan Ave

  • 0.72 miles

  • Public Charter Grades KG-3

school-card-donut-802759
3
/10

  • Reach Academy Charter School

  • 115 Ash St

  • 0.90 miles

  • Public Charter Grades KG-4

school-card-donut-802760
4
/10

  • Stanley Makowski Early Childhood Center

  • 1095 Jefferson Ave

  • 1.24 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,700. Typical income of Buffalo, NY residents is less than $35k annually. The majority of 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›14201›123 Elmwood Ave

This home is located at 123 Elmwood Ave in Buffalo, NY and zip code 14201 in the Allen neighborhood. This 3,520 square foot home, which was built in 1880, sits on a 0.08 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $299,000.

In November 2024 more than 236 listings in Buffalo, NY were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 99 were sold below. The number of homes for sale in Buffalo, NY decreased by 21.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $237,145, while the average time on the real estate market was 19 days.

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

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