$689,999

467 Norwood Avenue, Buffalo, NY 14222

  • 8 beds
  • 6,093 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon7,214sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $113/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Exceptional investment opportunity in the heart of Elmwood Village! This well-maintained 5-unit property With a NOI of 67,831 and also has 10.0 cap Rate, also over 7500 a month in Rental income, offering strong cash flow with additional value-add potential. The building Features three 2- bedroom 1 bath & two 1 bedroom 1 bath each thoroughly maintained and appealing to long term tenants and students alike. Located just steps from Elmwood's top restaurants, shops, and entertainment, minutes from Buffalo State College and the Albright-Knox Art Museum, this property is ideal for investors seeking a prime, high demand rental location. Tenants enjoy a large backyard, on site Laundry, and proximity to public transportation. Strong rental History well cared for, and ready to continue performing - or take to the next level with strategic updates. A rare opportunity in one of Buffalo's most desirable neighborhoods !

Listing Status:
Active
Date Added:
November 10, 2025 at 06:00AM
Listing Office:
Keller Williams Realty WNY : 716-832-3300
Listing Agent:
Donivin Mclean Sr : 716-472-8464
MLS ID:
B1650108
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: CarpetHardwoodVaries
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Parking: Two SpacesNo Driveway
  • Roofing: Asphalt
  • General: Aluminum SidingAttic/Crawl Hatchway(s) InsulatedBrickVinyl Siding3
  • Road/Access: City StreetMain Thoroughfare
  • Originating MLS: NYS_B
  • School District: Buffalo
  • County: Erie
  • Zoning: 140200-100-210-0005-033-000
  • Utilities: Sewer AvailableSewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Donivin Mclean Sr, Keller Williams Realty WNY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

International School

141 Hoyt St, Buffalo, NY, 14213

Grades PK-8

0.35 miles away

I

International School

141 Hoyt St, Buffalo, NY, 14213

Grades PK-8

0.35 miles away

L

Lafayette International School

370 Lafayette Ave, Buffalo, NY, 14213

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.