499 Fargo Ave - Apartments FOR SALE


Buffalo, NY 14213- Front Park
$350,000 USD
499 Fargo Ave, Buffalo, NY for Sale
$350,000 USD
Apartments - FOR SALE
1/22
null | 10% Cap Rate

499 Fargo Ave
Buffalo, NY 14213
Front Park


OVERVIEW

A rare West Side opportunity: two doubles on a single lot, delivering four income-producing units with a private driveway and shared yard. Whether you’re expanding an investment portfolio or looking to live in one unit while the other three cover your mortgage, this property checks every box. The front double is turn-key from the curb in — freshly painted, vinyl-sided front, with new boilers and updated hot water tanks. The back double is fully vinyl-sided as well, featuring newer furnaces and spacious layouts with two large bedrooms per unit. All four units have new vinyl windows throughout and equipped kitchens. Each unit reflects its age with character while remaining well maintained. Potential gross income of $4,800+/month — 10%+ cap rate. Location seals the deal. Minutes to downtown Buffalo, with easy access to Front Park, Centennial Park, and LaSalle Park along the Niagara River corridor. Walkable to West Side restaurants, shops, and amenities. Just minutes to the Peace Bridge and the Canadian border — a true gateway location. The West Side continues to see strong rental demand and steady owner-occupant interest. Equal Housing Opportunity

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$78 USD /SF

# OF UNITS

4

PRICE/UNIT

$87,500

CAP RATE

10%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,253 SF

ZONING

N-2R

APN/PARCEL ID

140200-099-500-0007-031-000

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