1582 Delaware Avenue Buffalo, NY $ 625,000
1582 Delaware Avenue
$ 625,000
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1582 Delaware Avenue

Buffalo, NY, 14209
$ 625,000
Bedrooms12 Baths4.0 Sq 7,450

Monthly Estimate*

$ 4,317

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Multi-Family Home for sale in Buffalo, NY

for $625,000 with 12 bedrooms and 4 full baths. This 7,450 square foot home was built in 1930 on a lot size of 0.1525.

**1582 Delaware Avenue – Buffalo, NY** Excellent opportunity to own an income-producing four-unit apartment property in a desirable North Buffalo location! This well-maintained multifamily property features four residential units generating **$5,650 in monthly rental income ($67,800 annually)**, the opportunity to build long-term equity. Each apartment has separate gas and electric meters, with tenants responsible for their individual utilities, while the owner currently provides heat, water, and trash service. The property has benefited from numerous improvements, including updated kitchen cabinetry in two apartments, a new porch, replacement water heater, new refrigerator and dishwasher, and a coin-operated laundry machine. Partial plumbing pipe replacements have also been completed throughout the apartments and basement in recent years. Additional income potential is provided by the coin-operated laundry. Whether you're an experienced multifamily investor expanding your portfolio or looking to acquire your first investment property, this four-unit is an attractive combination of established rental income, ongoing improvements, and future upside. A great opportunity to own a solid multifamily asset in Buffalo!

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Multi-Family Active

Price

$ 625,000

Bedrooms

12

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,285

Style

Fourplex

Lot Size

0.1525

Year Built

1930

Town/City

Buffalo

County/Region

Erie

MLS | Web ID

B1728555

Features
General
Sewer Connected
Heating Gas Baseboard
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Balcony
Architectural Style Fourplex
Construction Materials ShakeSiding
School District Buffalo
Year Built 1930
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Erie
Property Type Residential
Rent Includes TrashCollection Water
Full Baths 4
Status Active
City Buffalo
Senior Community Y/N No
High School District Buffalo
Number Of Units Total 4
MLS Area Buffalo City-140200
Lot Size Units Acres
Lot Size Square Feet 6644.0
Year Built Details Existing
Tax Annual Amount 6285.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 631500
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 11
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Interior
Basement Full
Flooring CeramicTile Hardwood Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 12
Main Level Bathrooms 0
Total Baths 4
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Exterior
Exterior Amenities Balcony
Parking Features Paved TwoOrMoreSpaces
Lot Features NearPublicTransit Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.1525
Building Area Total 7450.0
Lot Dimensions 44X151
Lot Size Acres 0.1525
Waterfront Y/N No
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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Internal Only
Street Number 1 1582
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* Excluded Features
List By
Greco Real Estate.Com

Broker

(716) 570-7600

Phone

Affordability Calculator

$4,840
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,317
Monthly Property Taxes
$524
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/12/2026$625,000 Listed Price

Map


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1582 Delaware Avenue, Buffalo, NY, 14209 is a Multi-Family Home for sale at $625,000 with 7,450 sqft and a lot size of 0.1525. 1582 Delaware Avenue has 12 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 14209 which is in Buffalo, NY