CCertihomes
224 Elmwood Avenue, Buffalo, NY 14222

$1,199,900

0 beds 0 baths 7,602 sqft Built 1930181 days on marketActive

About this home

224 Elmwood Avenue is an investment or redevelopment opportunity in the Allentown neighborhood of Buffalo NY. Subject property provides 112 feet of frontage on a .33-acre lot with 6012 square feet 2-sory building and full basement. Mixed-use N-2C Zoning allows for residential and commercial uses. Currently mix use building 3 apartments and 4 store fronts with loads of parking. Gross income $101, 880 Convenient location, minutes to the Canadian Border, expressways, schools, shopping in a densely populated neighborhood.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$9,736/mo

Real estate (PITI + HOA + PMI)
$8,156
Principal + interest$5,442
Property tax + insurance$2,264
PMI / 2nd mortgage$450
Utilities
$3,870
Heating + cooling$1,782
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$9,736/mo TLC
Budget$10,236/mo
Remaining after TLC$500/mo
Purchase price
$1,199,900
Down payment
$59,995 (5%)
Loan amount
$1,139,905
APR
4%

Quick facts

Type
COM
Style
Year built
1930
Lot size
0.33 ac
Stories
2
Heating
Gas, Baseboard, ForcedAir, HotWater
Cooling
CentralAir
Water
Public
HOA
Annual tax
$10,496
MLS #
B1564601
County
Erie

At a glance

Air conditioning
Basement

Home features

Parking
CommonOffSiteSurfaced
Flooring
Carpet, Concrete, Hardwood, Varies
Roof
Composition, Flat
Sewer
PublicSewer

Neighborhood — 14222

MetricThis ZIPCountyUSA
Population10,09319,351,094299,088,112
Population Change Since1990-11.00%8.00%20.00%
Population Density9,764395
Male5,0409,381,926147,432,321
Female5,0529,969,168151,655,844
Never Married4,5694,946,39163,775,926
Married2,5217,166,701123,120,365
Separated4191,159,67312,639,686
Widowed6051,110,24515,467,586
Divorced9911,210,44823,075,029
Number Of House Hold5,5827,102,016111,826,380
Average House Hold Size1.742.642.60
Medial Age36.3136.5335.46
Median House Hold Income$37,436$49,847$48,276
Average House Hold Income$58,687$70,032$63,629
P C I$33,176$26,569$24,529
M D I$32,912$42,210$41,133
A T H E$48,460$54,185$50,898
S T R8.75%4.00%
W C J85.96%81.55%77.74%
(Zip) Code
14222

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 9/10/2024. Provided courtesy of HUNT Commercial Real Estate Corp. of Buffalo New York via Buffalo MLS. Information deemed reliable but not guaranteed.

224 Elmwood Avenue · Buffalo — $1,199,900 · Certihomes