1598 Bailey AVE, Buffalo, NY 14212
1598 Bailey AVE, Buffalo, NY 14212
1598 Bailey AVE, Buffalo, NY 14212
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$160,000
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4 Beds
2 Baths
3,573 SqFt
Active

1598 Bailey AVE Buffalo, NY 14212

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Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,573 sqft

Price per Sqft $44

MLS Listing ID B1705151

Bedrooms 4

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1930

Annual Tax Amount $2,483

Lot Size 3,850 Sqft

Acres 0.0884

Lot Dimensions 35X110

Property Sub-Type Multi Family

Property Description

Excellent mixed-use investment opportunity in Buffalo's Bailey-Broadway neighborhood! This well-maintained property features three income-producing units, including a vacant first-floor commercial space (former tavern) and two spacious 2-bedroom apartments on the second floor. One apartment is tenant-occupied, while the other is owner-occupied, with flexibility for investors or owner-occupants. The upper apartments have private entrances and access to a driveway.
The commercial tavern space is clean, well-maintained, and ready for its next owner or operator. Features include two restrooms, a kitchen with sink, stove, and new fryer, access to the basement, five wall-mounted flat-screen TVs, a pool table, and a remote security system with cameras and monitor, all included in the sale. The space is ideal for reopening as a tavern, bar, lounge, restaurant, or other permitted commercial use.
Property updates include separate utilities, two newer wall furnaces serving the upper apartments, one furnace for the lower commercial space, new gas lines throughout, updated PEX plumbing, two separate half basements, and a roof is 7 years old.
Whether you're looking to generate rental income from the apartments while operating or leasing the commercial space, or add a versatile mixed-use property to your investment portfolio, this property has outstanding potential. Property is being sold "As Is" the seller will not make any repairs as a result of the inspection or appraisal.
Delayed Showing/Negotiation: The seller reserves the right to establish an offer deadline at any time.

Location

State NY

County Erie

Area Buffalo City-140200

Rooms

Basement Partial

Interior

Heating Gas, Forced Air

Flooring Hardwood, Laminate, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-112-240-0006-012-000

Acceptable Financing Cash, Conventional, Rehab Financing

Listing Terms Cash, Conventional, Rehab Financing

Special Listing Condition Standard


Listed by Neighborhood Assistant Corporation of America 617-250-6222

NEARBY SCHOOL & BUSINESS

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1598 Bailey AVE