4 months on rocket

397 Jefferson Ave, Buffalo, NY, 14204

$299,900

Home List Price

$3,561*

Closing Credit

5 Bedrooms
3 Full Baths
3,556 SqFt
$84/SqFt
Multi

Location

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397 Jefferson Ave, Buffalo$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingParking Available, Two or More Spaces
Year Built1900
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #B1560155
Lot Size0.08 Acres
StatusActive

About 397 Jefferson Ave

Welcome to 397 Jefferson Ave! Are you ready to start your own business? This is a unique opportunity to own this mixed-used property with a running restaurant near downtown. There is an established restaurant on the 1st floor and offers two separate kitchens, two separate seating areas, storage room, office room, and two bathrooms. All equipment has been well-maintained and updated over the years, new central AC, new kitchen hood. There is a 3 bedroom apartment on the 2nd floor and it's fully renovated! The apartment can be rented out to the tenants for additional rental income or accommodation for restaurant employees or owner occupied and run the restaurant downstairs. Excellent location & conveniently located closer to everything! This is a very high traffic neighborhood! Very low taxes! Showing starts immediately! Must see inside! Don't wait! Don't let this opportunity slip away!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,556 SqFt

Listing Office:

  • Office Name: Towne Housing Real Estate
  • Office Phone: (929) 424-0890
  • Listing Agent: Sabbir Ahmed

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Parking Available, Two or More Spaces

Lot Features

Lot Information:

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

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $84/SqFt

Tax Information:

  • Annual Amount: $1,234
  • 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

$237.1K

Med. Price/SqFt

$161

Avg. Days On Market

19

# of Sold Homes

354

397 Jefferson Ave vs Buffalo

121 DAYS ON ROCKET

+102 Days

$299,900

+$62.7K More

$84/SqFt

-$78 Less

KEY TAKEAWAY

This property is $62.7K more than the Median Sold Price and $78/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: #B1560155

Listing Office:

  • Office Name: Towne Housing Real Estate
  • Office Phone: (929) 424-0890
  • Listing Agent: Sabbir Ahmed

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: 12/22/2024, 3:20:53 AM 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$1,234$20,000
2019$1,193$32,100
2018$1,141$32,100
2017$1,074$32,100

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-863661
3
/10

  • Reach Academy Charter School

  • 115 Ash St

  • 0.64 miles

  • Public Charter Grades KG-4

school-card-donut-863662
3
/10

  • Persistence Preparatory Academy Charter School

  • 833 Michigan Ave

  • 0.85 miles

  • Public Charter Grades KG-3

school-card-donut-863663
2
/10

  • Martin Luther King Jr #48

  • 487 High St

  • 0.98 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,914. The most common annual income of people living in Buffalo, NY is less than $35k. The most common type of family is 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›14204›397 Jefferson Ave

This home is located at 397 Jefferson Ave in Buffalo, NY and zip code 14204 in the Emslie neighborhood. This 3,556 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $299,900.

In November 2024, from all listings sold in Buffalo, NY there were more than 236 sold above asking price, over 99 sold below and more than 19 were sold right at the asked price. Between October 2024 and November 2024, Buffalo, NY real estate market has seen decrease in the number of listings by 21.1%. In November 2024 median list price was $237,145 and the average listing age was 19 days.

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

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