Sold
507 Niagara Street, Buffalo NY 14201
MLS# B1267575
$240,000
Last Sold Price
-
Beds
-
Baths
14,976
Living Area (Sq.Ft.)
0.144
Lot Area (Acres)
$240,000
Last Sold Price
-
Beds
-
Baths
14,976
Living Area (Sq.Ft.)
0.144
Lot Area (Acres)
Redevelopment opportunity located on one Buffalo's fastest developing streets, minutes to downtown Buffalo. 507 Niagara Streets most recent use was 18 one bedroom apartments however a full renovation is needed. Potential gross income of $18,000/month after $1M-$1.2M renovation. This property is a great BRRR and will work well for someone looking for a long term investment. <br>County Taxes: $1,140/year (2019 assessment) <br>City/School Taxes: $13,487/year (2020 assessment) <br>Sewer Rent: $762/year (2020 assessment)
Status
Sold
Property Type
MultiFamily
Property Sub Type
--
Year Built
1900
Parcel Number
140200-110-270-0005-026-000
Unit Number
--
Buyer Agent
Nicholas Giambra
Buyer Office
Keller Williams Realty Buffalo
Lot Features
Near Public Transit
Lot Size Dimensions
50X125
Stories
3
Community Features
Other,SeeRemarks
Property Condition
Resale,Fixer
Elementary School District
Buffalo
Middle Or Junior School District
Buffalo
High School District
Buffalo
Location
Listing Agent
Nicholas Giambra
Listing Office
Keller Williams Realty Buffalo Northtowns
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash
Listing Agreement
ExclusiveRightToSell
Close Price
$240,000
Buyer Financing
Other,SeeRemarks
Listing Contract Date
2020-05-29
Owner Pays
Other, See Remarks
Rent Includes
Other, See Remarks
Net Operating Income
-14627
Fire Places Total
0
Flooring
Other, See Remarks
Cooling Features
Other,SeeRemarks
Heating Features
Other, See Remarks
Appliances
See Remarks, Water Heater
Garage
false
Garage Spaces
0
Exterior Features
Concrete Driveway
Water Source
Connected, Public
Sewer
Connected
Roof
Membrane, Rubber
Utilities
Sewer Connected, Water Connected
Parking Features
Three Or More Spaces, No Garage
Basement
Full
Construction Materials
Brick
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.