Brianna Huynh

1598 Bailey Avenue, Buffalo, NY 14212

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Property Description

Excellent mixed-use investment opportunity in Buffalo's Bailey-Broadway neighborhood! This well-maintained property features three income-producing units, including a vacant first-floor commercial space (former tavern) and two spacious 2-bedroom apartments on the second floor. One apartment is tenant-occupied, while the other is owner-occupied, with flexibility for investors or owner-occupants. The upper apartments have private entrances and access to a driveway. The commercial tavern space is clean, well-maintained, and ready for its next owner or operator. Features include two restrooms, a kitchen with sink, stove, and new fryer, access to the basement, five wall-mounted flat-screen TVs, a pool table, and a remote security system with cameras and monitor, all included in the sale. The space is ideal for reopening as a tavern, bar, lounge, restaurant, or other permitted commercial use. Property updates include separate utilities, two newer wall furnaces serving the upper apartments, one furnace for the lower commercial space, new gas lines throughout, updated PEX plumbing, two separate half basements, and a roof is 7 years old. Whether you're looking to generate rental income from the apartments while operating or leasing the commercial space, or add a versatile mixed-use property to your investment portfolio, this property has outstanding potential. Property is being sold As Is the seller will not make any repairs as a result of the inspection or appraisal. Delayed Showing/Negotiation: The seller reserves the right to establish an offer deadline at any time.

1598 Bailey Avenue | MLS# B1705151

This multi-family property located at 1598 Bailey Avenue, Buffalo, NY 14212 is currently listed for sale with an asking price of $160,000. Bailey Avenue is located within the Buffalo school district. Search Buffalo real estate on brianna-huynh.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Partial
Heating: Gas, Forced Air
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $2,483
Year Built: 1930

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 5
Exterior: Vinyl Siding
Flooring: Hardwood, Laminate, Varies
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 35X110
Parcel#: 140200-112-240-0006-012-000
Parking: Two or More Spaces, Garage
Parking Notes: Two or More Spaces, Garage
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Buffalo

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Estimated Payment

$ 609.67 per month $356.09 Principal & Interest $206.92 Property Tax $46.67 Homeowner's Insurance

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Neighborhood Assistant Corporation of America
Agency Contact: 617-250-6222

Shown By

Agent Name: Brianna Huynh
Agent Phone: (518) 925-3431 Cell
Agency Title: Coldwell Banker Prime Properties

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