373 Elmwood Avenue, Buffalo, NY 14222

$425,000
4
BD
4,590
SqFt

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Sold Price
$425,000
List Price
$440,000
Status
CLOSED
MLS#
B1611639
Closing Date
Jan 15, 2026
Year Built
1930
Stories
2
Bedrooms
4
Acres
0.23
Living Area
4,590
Region
Buffalo City

Property Description

This is a prime investment opportunity in one of Buffalo’s most sought-after neighborhoods. Located just outside the vibrant Elmwood Village, this fully occupied five-unit property at 373 Elmwood Ave is perfectly positioned between some of the area’s best restaurants, nightlife, and the bustling Allentown district. The building features two 1 bedrooms, two 2 bedrooms, and 1 studio, which was most recently rented and new finishes. Throughout the property, you’ll find charming white kitchens, with two units showcasing decorative fireplaces and one unit offering a private balcony. The property includes a clean, well-maintained city basement with shared laundry facilities for tenant convenience. A large concrete lot behind the house provides ample off-street parking, a rare and valuable feature in this area. All units are currently leased, ensuring immediate rental income for the new owner. Public transit and downtown Buffalo are easily accessible, making it an attractive location for tenants. From an investment perspective, this property benefits from strong rental demand in a high-growth market with limited inventory and rising property values. It has been professionally managed and maintained to ensure a smooth ownership transition. We can provide a full history of rent, renovations and upkeep upon request. This is an ideal turnkey asset for investors or property managers seeking stable cash flow in one of Buffalo’s most dynamic neighborhoods. Don’t miss this rare chance to add a well-maintained, high-performing property to your portfolio. Contact us today for financials, rent roll, and to schedule a private tour.

Additional Information

Taxes
$9,595
Fireplaces
1
Exterior Features
Concrete Driveway
School District
Buffalo
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Carl P. Paladino. Contact:

Selling Office: No Office Affiliation.