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a Charlotteville Realty Team

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Property at 2961 Bailey Avenue, Buffalo, NY 14215
ACTIVE
0
$499,900

2961 Bailey AvenueBuffalo, NY, 14215

10 Beds7,532 SqFt0.1126 Acres
2961 Bailey Ave – Prime Investment Opportunity! Discover a well-maintained multi-family property in the heart of Buffalo, offering 10 income-generating units including a mix of one-bedroom, two-bedroom, three-bedroom, and a studio apartment. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors. Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $900 per month, bringing in a solid monthly gross income of $8,100 and an annual gross potential of $97,200. Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round. Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns. Don't wait. Don't wait to lose this opportunity to own this cash-cow investment property. Showing starts immediately!

Est. Monthly

$2,370/MO

$499,900

2961 Bailey Avenue, Buffalo, NY

10 Beds7,532 SqFt0.1126 Acres

2961 Bailey Ave – Prime Investment Opportunity! Discover a well-maintained multi-family property in the heart of Buffalo, offering 10 income-generating units including a mix of one-bedroom, two-bedroom, three-bedroom, and a studio apartment. With a strong rental history and all units currently occupied, this property provides immediate cash flow and long-term stability for investors. Each apartment is spacious and designed for comfortable living, with tenants responsible for their own deposits. Current rents range from $650 to $900 per month, bringing in a solid monthly gross income of $8,100 and an annual gross potential of $97,200. Located on a convenient transit corridor, 2961 Bailey Ave is close to shopping, schools, and public transportation, making it attractive to renters year-round. Whether you’re expanding your portfolio or seeking your next high-performing asset, this property is a turnkey investment with consistent returns. Don't wait. Don't wait to lose this opportunity to own this cash-cow investment property. Showing starts immediately!

StatusActive
Property TypeMulti Family
Property SubtypeOther
Year Built1936
Days on Market48 days

Est. Monthly Payment

$2,369.51

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

2961 Bailey Avenue

Buffalo, NY 14215 • Erie
10
Beds
—
Baths
7,532
SqFt
0.1126
Acres
Status
Active
Property Type
Multi Family
Property Subtype
Other
Year Built
193690 years ago
Days on Market
48 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $5,560
Property History
  • Listed for sale
    Apr 25, 2026 • NYSAMLS • B1676437
    $499,900
Mortgage Calculator
Estimated monthly payment for this property
$2,369.51
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    B1676437
  • Listing Office
    e Xp Realty
  • Last Updated
    47 days ago

Appliances

  • Appliances
    • Gas Water Heater
    • See Remarks

Climate & Systems

  • Heating
    • Gas
    • Radiators

Interior Features

  • Flooring
    • Carpet
    • Hardwood
    • Tile
    • Varies
    • Vinyl
  • Basement
    Full

Parking

  • Parking Features
    No Garage

Lot & Grounds

  • Lot Size
    0.1126 acres
  • Lot Features
    • Flag Lot
    • Near Public Transit
  • Exterior Features
    Concrete Driveway

Type

  • Property Type
    Multi Family
  • Property Subtype
    Other

Structure

  • Construction
    • Brick
    • Frame
    • Vinyl Siding
  • Roof
    Asphalt

Condition

  • Year Built
    1936
  • Condition
    Resale
  • Days on Market
    48 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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