71 Condon Avenue, Buffalo, NY 14207

$329,900
  • 71 Condon Avenue, Buffalo, NY 14207 Main Photo

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New to the Market Active Price Reduced by $60,000 on August 24th, 2026
BEDS8 BATHS4 full SQUARE FEET3,814 MLS#B1706940
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONJones Tr SCHOOLBuffalo

Property Description

Calling ALL investors... **FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY generating $54,000 in annual gross rental income!** Located in Buffalo's Riverside neighborhood near the Niagara River and Riverside Park, this income-producing multi-family offers an attractive combination of established cash flow, separate utilities and future upside. Each of the four apartments features 2 bedrooms and 1 full bath, creating a consistent and desirable unit mix. Current rents total $4,500/month: two leased units at $1,200 each, plus month-to-month units at $1,100 and $1,000. Separate gas and electric utilities add to the property's investment appeal. The building also features two separate full basements and a massive walk-up attic offering substantial additional storage. Situated on a spacious corner parcel with a large yard, the property may also offer potential to create off-street parking, subject to applicable zoning, approvals and permitting-an attractive opportunity to further enhance tenant convenience and long-term value. Whether adding to an existing portfolio or purchasing a first multi-family investment, this fully occupied Buffalo 4-unit offers immediate rental income with additional upside potential. Some photos have been de-cluttered using ai. Offers reviewed as they come. Showings start immediately.

71 Condon Avenue | MLS# B1706940

This home located at 71 Condon Avenue, Buffalo, NY 14207 is currently listed for sale with an asking price of $329,900. This property was built in 1928 and has 8 bedrooms and 4 full baths with 3814 sq. ft. Condon Avenue is located in the Jones Tr subdivision within the Buffalo school district. Search Jones Tr real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Residential -
Basement: Full
Heating: Gas, ForcedAir
Lot Size: 0.07 Acres
Stories: 2.0
Taxes: $4,278
Year Built: 1928

Feature Descriptions

Appliances: GasWaterHeater
Days on Site: 6
Exterior: CompositeSiding
Flooring: Hardwood, Laminate, Varies, Vinyl
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 30X105
Parcel#: 140200-077-400-0006-015-000
Parking: NoDriveway
Parking Notes: NoDriveway
Sewer: Connected
Units: 4
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Buffalo

Listed By / Shown By

Listing By

Agency Name: Towne Housing Real Estate
Agency Contact: 716-316-9738

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 1,186.94 per month $734.21 Principal & Interest $356.50 Property Tax $96.22 Homeowner's Insurance

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