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12 Beds
0 Baths
7,532 sqft

$489,000

2961 Bailey Avenue, Buffalo NY, 14215

Price per sqft$64.92
Built in1936
Property size7,532 sqft
Property typeOther

Overview

Active

Listed Nov 9, 2026

Updated 2 days ago

Investment Opportunity! A well-maintained multifamily property in the heart of Buffalo, offering 10 income-generating units, including a mix of one-bedroom, two-bedroom, three-bedroom, and studio apartments. 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 $950 per month, bringing in a solid monthly gross income of $8,400 and an annual gross potential of $100,800. 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. OPEN HOUSE ON NOVEMBER 14TH. 11 AM TO 1 PM

$3,253/mo

Est. mortgage payment based on a $489,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B1727937

Interior Features

Bedrooms
12
Bathrooms
0
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$5,560
Tax Frequency
Annually
Municipality
Not Applicable
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Courtesy of Red Hawk Real Estate, Rabia Ellahi

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Robert Zaccaria, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 4:47 AM UTC, 11/13/2026

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