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2325 S Park Ave 5 Unit Apartment Building $1,200,000 ($240,000/Unit) Buffalo, NY 14220

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EXECUTIVE SUMMARY

Amazing opportunity in the City of Buffalo to significantly increase the number of doors in your portfolio with this rare multi-building package. This offering includes four fully occupied properties—2325, 2328, 2329, and 2331 South Park Avenue—plus a .72-acre vacant lot at 2317 South Park with frontage stretching along Dallas Rd, offering excellent future development potential. At 2325 South Park, a distinctive brick corner building with standout architecture and strong street visibility, you'll find a fully leased commercial space along with two 1-bedroom and two 2-bedroom apartments. The 2-bedroom units feature in-unit laundry, and all units are separately metered with newer hot water tanks and many updated heating units. This building also includes a garage—ideal for added income or a convenient space for storage, maintenance, or supplies. Next door, 2329 South Park is a well-maintained 2-unit with newer furnaces (within the last five years), updated hot water tanks, separate laundry for each unit, and a newer roof. Adjacent 2331 South Park is a fully occupied 3-bedroom upper/lower double with newer mechanicals and tenant access to the basement for laundry. Across the street, 2328 South Park offers great curb appeal, a front porch, a backyard, and updated furnaces and hot water tanks within the last 12 years. All units sit over full basements, providing added functionality and storage space. The properties have been well cared for by the long-time owner, with thoughtful updates and consistent upkeep throughout. With all units currently rented and most at below-market rates, this is a strong portfolio with stable income and room to grow. Square footage based off the total square footage from public records of all 4 included buildings. Also listed under multi family MLS B1620060

PROPERTY FACTS

Price $1,200,000
Price Per Unit $240,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.85 AC
Building Size 4,800 SF
No. Stories 2
Year Built 1920
Parking Ratio 1.25/1,000 SF
Opportunity Zone Yes
Zoning Commercial

AMENITIES

UNIT AMENITIES

  • Washer/Dryer Hookup
  • Kitchen
  • Hardwood Floors
  • Carpet
  • Double Pane Windows

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
5+5 5 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 140200-133-710-0006-015-000
  • 140200-133-710-0007-024-000
Land Assessment
$18,100
Improvements Assessment
$104,900
Total Assessment
$123,000
  • Listing ID: 36693463

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 2325 S Park Ave, Buffalo, NY 14220

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