BEDS8
BATHS5 full
SQUARE FEET4,976
MLS#B1650719
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCity/Buffalo
SCHOOLBuffalo
Property Description
Prime Multifamily Investment Opportunity in Buffalo, NY! Welcome to 318 Virginia Street, a well-maintained 4-unit multifamily property ideally situated on Buffalo's vibrant West Side, just minutes from Downtown Buffalo and the waterfront. The building offers a strong unit mix featuring two 1-bedroom apartments and two spacious 3-bedroom units, appealing to a wide range of tenants. This property delivers reliable rental income with upside potential through rent adjustments and light value-add improvements. Well-proportioned layouts, separate living spaces, and a highly convenient location support long-term tenant demand. With close proximity to local shops, restaurants, parks, public transportation, and major commuter routes, 318 Virginia St presents an excellent opportunity for investors seeking cash flow and long-term appreciation in a desirable West Side neighborhood. Additional opportunity: 308 and 348 Virginia Street may also be purchased together as a portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Baseboard
Lot Size: 0.07 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $7,611
Year Built: 1900
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 125
Exterior: Other, See Remarks
Flooring: Hardwood, Tile, Varies, Vinyl
Lot: Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 29X100
Parcel#: 140200-111-210-0007-037-000
Parking: No Driveway
Parking Notes: No Driveway
Sewer: Connected
Units: 5
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Buffalo
Listed By / Shown By
Listing By
Agency Name: HUNT Commercial Real Estate Corp. of Buffalo New York
Agency Contact: 716-854-5943
Shown By
Agent Name: Jim Knight
Agent Phone: (716) 998-0199
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 1,767.00 per month $1,001.50 Principal & Interest $634.25 Property Tax $131.25 Homeowner's Insurance
318 Virginia Street | MLS# B1650719
This multi-family property located at 318 Virginia Street, Buffalo, NY 14201 is currently listed for sale with an asking price of $450,000. Virginia Street is located within the Buffalo school district. Search Buffalo real estate on jknight.mjpeterson.com today.