new - 5 days on rocket

181 Richmond Ave, Buffalo, NY, 14222

$705,000

Home List Price

$8,372*

Closing Credit

8 Bedrooms
3 Full Baths
4,002 SqFt
$176/SqFt
Multi

Location

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181 Richmond Ave, Buffalo$705,000

Buyer Closing Credits

$8,372*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingConcrete, Garage, Two or More Spaces, Garage Door Opener
Garage2 spaces
Year Built1905
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s)
BasementYes
MLS #B1575014
Lot Size0.14 Acres
StatusActive

About 181 Richmond Ave

Triple Delight in Elmwood Village! Introducing 181 Richmond, a fully-rented 3-family in Buffalo’s Historical Preservation District. This 3-3-2 triplex offers an UNBEATABLE combination of classic charm & smart investments, spread across 4,002sqft. The brand-new Oct ‘24 tear-off roof w/ transferable warranty crowns this historic beauty. Each unit has been meticulously updated, feat high-efficiency HWT’s (’21/’12/’19) & HE furnaces (’18) for modern convenience. The 1st flr captivates w/ its unique kitchen nook ('08), hdwd flrs, formal dining, & remodeled bathroom (’12), all wrapped in fresh paint (’24). The 2nd flr continues this allure, offering formal dining, 3 beds, & a shared balcony. Ascend to the 3rd flr to find a tranquil retreat w/ 2 beds, plenty of storage, an airy eat-in kitchen, & ductless central A/C ('17). Outside, the property boasts a concrete driveway, rear portion updated in ‘14, leading to a 2-car gar & storage shed, ensuring ample space for tenant needs. Too many upgrades to list! With refrigerators, stoves, washers, dryers, & addl bsmt storage incl, this property is a TURNKEY investment waiting for you. Open house SAT 11/9 12-4p. Offers to be reviewed as received.

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Year Built: 1905
  • Stories: 3
  • Living Area: 4,002 SqFt

Listing Office:

  • Office Name: HUNT Real Estate Corporation
  • Office Phone: (716) 954-3522
  • Listing Agent: Jeanine M Kacala

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminate, Varies
  • Interior: Ceiling Fan(s), Programmable Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Awning(s), Balcony, Fence

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Concrete, Garage, Two or More Spaces, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Historic, Near Public Transit, Rectangular Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Rt 198, take Elmwood south to Bidwell Pkwy and make a right. Take the roundabout on Bidwell to Richmond Ave. Take Richmond south about 1 mile. 181 will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $705,000
  • Price Per SqFt: $176/SqFt

Tax Information:

  • Annual Amount: $5,076
  • 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

181 Richmond Ave vs Buffalo

5 DAYS ON ROCKET

-16 Days

$705,000

+$470K More

$176/SqFt

+$15 More

KEY TAKEAWAY

This property is $470K more than the Median Sold Price and $15/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: #B1575014

Listing Office:

  • Office Name: HUNT Real Estate Corporation
  • Office Phone: (716) 954-3522
  • Listing Agent: Jeanine M Kacala

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

Tax History

YEARPROP. TAXASSESSMENT
2020$5,076$307,000
2019$4,588$185,000
2018$4,776$185,000
2017$4,187$185,000

History based on county public records data.

Payment Calculator

$3,586

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,180

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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-22932
3
/10

  • International School

  • 141 Hoyt St

  • 0.87 miles

  • Public District Grades PK-6

school-card-donut-22933
5
/10

  • West Buffalo Charter School

  • 113 Lafayette Ave

  • 1.08 miles

  • Public Charter Grades KG-3

school-card-donut-22934
3
/10

  • Stanley Makowski Early Childhood Center

  • 1095 Jefferson Ave

  • 1.46 miles

  • Public Magnet Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,647. Typical income of Buffalo, NY residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Erie County›Buffalo›14222›181 Richmond Ave

This home is located at 181 Richmond Ave in Buffalo, NY and zip code 14222 in the Bryant neighborhood. This 4,002 square foot home, which was built in 1905, sits on a 0.14 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $705,000.

Buffalo, NY housing market in October 2024 saw over 238 listings sold above listed price, more than 26 sold at listed price and over 109 sold below. The number of homes for sale in Buffalo, NY decreased by 11.4% between September 2024 and October 2024. In October 2024 median list price was $234,919 and the average listing age was 21 days.

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

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