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2961 Bailey Avenue
Buffalo, NY 14215

$499,900
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Property Description

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!

Details

Utilities: Sewer Connected, Water Connected
Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
Flooring: Carpet, Hardwood, Tile, Varies
Basement: Full
Heating: Gas, Baseboard
Exterior Features: Concrete Driveway
Construction Materials: Brick, Frame
Lot Dimensions: 45 X109
Lot Size: 0.1126
Roof: Shingle
Sewer: Connected
Water: Connected, Public
Parking: No Garage