340 Elmwood Avenue Buffalo, NY $ 639,900
340 Elmwood Avenue
$ 639,900
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340 Elmwood Avenue

Buffalo, NY, 14222
$ 639,900
Bedrooms1 Baths0.0 Sq 4,970

Monthly Estimate*

$ 3,992

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Single Family Home for sale in Buffalo, NY

for $639,900 with 1 bedroom. This 4,970 square foot home was built in 1900 on a lot size of 0.1561.

340 Elmwood Ave. is a versatile 1900’s Victorian mansion situated on a visible and easily accessible Elmwood Village thoroughfare! The asset enjoys strong occupancy and is comprised of both apartments and a rooming house setup, (which is fully licensed). This product type fills a demanding housing option for many home seekers with limited budgets and need requirements. The property offers some off-street parking, common laundry facilities. All utilities included! 340 Elmwood is in very close proximity to downtown Buffalo, N.Y., the Canadian border and all major thruway arteries in and out of the city of buffalo and surrounding suburb locations. This is an excellent opportunity to utilize the property in the same format, or potentially setup as an owner occupied use, or possible Bed and Breakfast services and/or an AIRBNB service rental. The property enjoys strong occupancy with both leases and month to month tenancy. There are updated mechanicals and roof. several units come with appliances. The single rooms share two common and modern bathroom facilities, located on the 2nd and 3rd floors, and are professionally miantained monthly. four of the rentals have their own private bath 340 Elmwood has direct access to public transportation and is close to the Medical coordinator and Buffalo CBD.

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Single Family Active

Price

$ 639,900

Bedrooms

1

Property Type

Single Family

Taxes

$ 8,077

Style

RoomingHouse

Lot Size

0.1561

Year Built

1900

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1583499

Features
General
Sewer Connected
Heating Gas ForcedAir HotWater
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances GasWaterHeater SeeRemarks
Garage Spaces 0.0
Construction Materials Brick Frame
School District Buffalo
Year Built 1900
Stories Count 3
Township Not Applicable
Property Subtype RoomingHouse
Gross Income 82168.0
Community Features LaundryFacilities
County Erie
Net Operating Income 49273.0
Operating Expense 24818.0
Property Type MultiFamily
Garage Y/N No
Rent Includes AllUtilities Heat SnowRemoval TrashCollection Water
Status Active
Directions 340 elmwood is between Summer St. and Bryant St.
City Buffalo
Senior Community Y/N No
High School District Buffalo
Number Of Units Total 11
MLS Area Buffalo City-140200
Lot Size Units Acres
Lot Size Square Feet 6800.0
Year Built Details Existing
Tax Annual Amount 8077.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 325000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
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Interior
Basement Full
Flooring Carpet Hardwood Other SeeRemarks Varies Vinyl
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features CoinOperated
Total Bedrooms 1
Main Level Bathrooms 0
Total Baths 0
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Exterior
Exterior Amenities BlacktopDriveway
Parking Features ThreeOrMoreSpaces NoGarage SharedDriveway
Lot Features NearPublicTransit Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.1561
Building Area Total 4970.0
Lot Dimensions 34X200
Lot Size Acres 0.1561
Waterfront Y/N No
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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Internal Only
Street Number 1 340
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* Excluded Features
List By
Network One Realty

Broker

(716) 310-9871

Phone

Affordability Calculator

$4,665
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,992
Monthly Property Taxes
$673
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2025$639,900 -5.20% Price Down
5/18/2025$675,000 -3.56% Price Down
1/13/2025$699,900 Listed Price

Map


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340 Elmwood Avenue, Buffalo, NY, 14222 is a Single Family Home for sale at $639,900 with 4,970 sqft and a lot size of 0.1561. 340 Elmwood Avenue has 1 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 14222 which is in Buffalo, NY