2961 Bailey Avenue
Buffalo, NY 14215
10
Bed
0
Bath
7,532Sqft
0.11Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Room Information
Has Basement: Yes Basement: Full -
Flooring Information
Carpet, Hardwood, Tile, Varies, Vinyl -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas
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Building Information
Year Built: 1936 Building Area Total: 7532 Construction Materials: Brick, Frame, Vinyl Siding Private Pool: No
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Lot Information
Lot Dimensions: 45X109 Main Square Feet: 0.1126 Acres Lot Size Acres: 0.1126 Lot Size Square Feet: 4905 Lot Description: Flag Lot, Near Public Transit
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Listing Price Information
Listing Price: $499900 Cash, Conventional, FHA, Private Financing Available
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Tax Information
Parcel Number: 140200-090-410-0009-046-000 Tax Lot: 46 Annual Tax: $5560
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Parking Information
No Garage, Concrete
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Utility Information
Sewer Connected, Water Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 62 Edison Avenue, Buffalo, NY, 14215 | $130,000 | 6 | 2 | 1,760 | 1,760 SqFt |
| 53 Hazelwood Avenue, Buffalo, NY, 14215 | $169,900 | 4 | 2 | 1,525 | 1,525 SqFt |
| 284 Hazelwood Avenue, Buffalo, NY, 14215 | $189,900 | 4 | 2 | 1,539 | 1,539 SqFt |
| 154 Hagen Street, Buffalo, NY, 14215 | $129,900 | 7 | 2 | 2,600 | 2,600 SqFt |
| 77 Oakmont Avenue, Buffalo, NY, 14215 | $229,900 | 5 | 2 | 1,968 | 1,968 SqFt |
| 459 Berkshire Avenue, Buffalo, NY, 14215 | $139,900 | 4 | 2 | 1,339 | 1,339 SqFt |
| 60 Kermit Avenue, Buffalo, NY, 14215 | $289,900 | 8 | 3 | 3,221 | 3,221 SqFt |
| 89 Andover Avenue, Buffalo, NY, 14215 | $209,900 | 4 | 2 | 1,867 | 1,867 SqFt |
| 375 Winspear Avenue, Buffalo, NY, 14215 | $259,900 | 3 | 2 | 1,985 | 1,985 SqFt |
| 197 Shirley Avenue, Buffalo, NY, 14215 | $265,000 | 4 | 2 | 2,168 | 2,168 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/07/2026 @ 02:38
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