CCertihomes
1856 S Park Avenue, Buffalo, NY 14220

$175,000

0 beds 0 baths 4,946 sqft Built 193089 days on marketActive

About this home

An exceptional investment opportunity awaits in the heart of South Buffalo! Known as the "Blarney Castle" for over 40 years, this property offers endless potential for investors with a vision. *The main level features a fully functional commercial kitchen, two bathrooms, & a spacious dining area-perfect for a restaurant, cafe, or other business ventures. *The second floor is a blank canvas, having been fully gutted and cleaned down to the studs, ready for conversion into 4+ residential apartments. With separate entrances already in place, this space is primed for rental income or other creative uses. The property provides numerous possibilities for the next owner to bring their ideas to life-whether as a mixed-use commercial/residential development, multi-family rental, or something entirely unique! This property is perfect for any investor looking to maximize returns while preserving a piece of local history! *Property is being sold *As Is - no repairs will be made by the seller. *Vacant lot behind the building is included - parcel ID#140200-133-390-0002-047-200 (13 Olcott Ave - Taxes for County are $60).

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$3,253/mo

Real estate (PITI + HOA + PMI)
$1,889
Principal + interest$1,123
Property tax + insurance$700
PMI / 2nd mortgage$66
Utilities
$2,670
Heating + cooling$1,182
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$3,253/mo TLC
Budget$5,000/mo
Remaining after TLC$1,747/mo
Purchase price
$175,000
Down payment
$8,750 (5%)
Loan amount
$166,250
APR
7.15%

Quick facts

Type
Business
Style
Year built
1930
Lot size
0.19 ac
Stories
0
Heating
Gas, ForcedAir
Cooling
Water
Public
HOA
Annual tax
$4,025
MLS #
B1582903
County
Erie

At a glance

Basement

Home features

Parking
Surfaced
Flooring
Linoleum, Vinyl
Roof
Asphalt
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Neighborhood — 14220

MetricThis ZIPCountyUSA
Population24,41619,351,094299,088,112
Population Change Since1990-13.00%8.00%20.00%
Population Density4,327395
Male11,5389,381,926147,432,321
Female12,8789,969,168151,655,844
Never Married6,6684,946,39163,775,926
Married8,7507,166,701123,120,365
Separated7101,159,67312,639,686
Widowed1,9651,110,24515,467,586
Divorced1,7511,210,44823,075,029
Number Of House Hold9,6097,102,016111,826,380
Average House Hold Size2.462.642.60
Medial Age36.7636.5335.46
Median House Hold Income$39,764$49,847$48,276
Average House Hold Income$47,534$70,032$63,629
P C I$20,127$26,569$24,529
M D I$34,799$42,210$41,133
A T H E$42,230$54,185$50,898
S T R8.75%4.00%
W C J73.16%81.55%77.74%
(Zip) Code
14220

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

Map & walkability

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Listing information last refreshed 1/3/2025. Provided courtesy of eXp Realty via Buffalo MLS. Information deemed reliable but not guaranteed.