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$100,000
Listing Price$52,000Est. Opening Bid5beds
2baths
1,560sqft
3,000sqft lot
279 Riverside Ave, Buffalo, NY 14207
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Full foreclosure details
Home value, equity and ownership info
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Pre-Foreclosure
For Sale
Home type
Price / sqft
Year built
Home Details
279 Riverside Ave, Buffalo, NY 14207 | Listed at $100,000nn(Property will be fully vacant at closing).nnWhen was the last time a Buffalo duplex hit the market at $100,000 with a Zestimate of $160,000 and comparable sales in the zip code ranging from $270,000$330,000? Welcome to 279 Riverside Avenue - the deal you've been waiting for, and it's priced to move fast.nnThis 1,560 sq ft two-unit duplex features a vacant 3 bed/1 bath lower unit and a 2 bed/1 bath upper unit with a month-to-month tenant, separate electric and gas meters, a full basement, and a 2+ car detached garage. The lower unit is move-in ready for an owner-occupant or a new tenant, making this a true turn-key opportunity from day one.nnRecent upgrades include a new HE furnace (2024), all new vinyl windows (2024), updated lower bathroom with new flooring and tub (2024), tear-off roof including the 2nd floor porch roof (~2 yrs), newer concrete sidewalk and driveway (2023), and updated electrical with circuit breakers (~6 yrs). Maintenance-free aluminum siding, glass block windows with vents, and a private 2nd floor porch for the upper unit make this a property tenants will love.nnAt $1,000/month per unit, the net operating income lands at $15,365/year - supporting a 10% cap rate valuation of over $153,000. Buy at $100K and walk into immediate equity. City of Buffalo Certificate of Compliance and Erie County Lead-Free Letter are already in hand - less work for you at closing.nWhether you're an investor, a flipper,
Interior Details
1560
5
2
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Oil
Has Basement:
No
Basement Type:
Full
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
3000
Yes
Yes
Type:
Garage, Detached
Location:
N/A
Status:
N/A
Number of Spaces:
2
No
No
No
No
No
No
No
Construction Details
Traditional/old
Aluminum/vinyl
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$384
$3,700
$46,300
--%
$50,000
2018
$1,290
$3,700
$46,300
--%
$50,000
2017
$1,251
$3,700
$46,300
--%
$50,000
2016
$1,217
$3,700
$46,300
--%
$50,000
2015
$1,190
$3,700
$46,300
--%
$50,000
2013
$272
$3,700
$46,300
--%
$50,000
2011
$268
$3,700
$46,300
--%
$50,000
Average Home Price in 14207
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