2961 Bailey Avenue, Buffalo, NY, 14215

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$489,000
1 Day On Site

2961 Bailey Avenue
Buffalo, NY 14215

For Sale|Multi Family|Active
12
Beds
0
Total Baths
7,532
SqFt
$65
/SqFt
1936
Built
County:
Erie
Listing courtesy of Rabia Ellahi of Red Hawk Real Estate (347) 553-7406
Call Now: 716-676-6123
Is this the listing for you? We can help make it yours.
716-676-6123
2961 Bailey Avenue2961 Bailey Avenue2961 Bailey Avenue2961 Bailey Avenue
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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.

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Listing Snapshot
Price 
$489,000
Days On Site 
1 Day
Bedrooms 
12
Inside Area (SqFt) 
7,532 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1126 Acres
Year Built 
1936
MLS Number 
B1727937
Status 
Active
Property Tax 
$5,560
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS
General Features
Acres 
0.1126
Cross Street 
Phylis Ave
Number Of Stories 
2
Parking 
None
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
7532
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas Water HeaterWater Heater
Basement 
Full
Flooring 
HardwoodLaminateVaries
Heating 
Natural GasBaseboard
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Exterior Features
Construction Details 
BrickFrame
Lot Features 
Flag LotNear Public Transit
Roof 
Asphalt
Community Features
Community Features 
Other
MLS Area 
Buffalo City-140200
School District 
Buffalo
Township 
Not Applicable
Financing Terms Available 
CashConventional
Schools
School District
Buffalo
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Rabia Ellahi of Red Hawk Real Estate (347) 553-7406



The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

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) nor shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2026-11-11 04:01 AM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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