Home For Sale In Buffalo, New York

house for sale

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Listed: 05/17/24

124 Ontario St, Buffalo, New York, 14207

1 Bed:

1.5 Bath:

2,023 Sq Ft Living Area:

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Price

$ 79,900

About This House

Attention all investors, flippers and Prospective business owners ! This 2023 square foot property sits on a corner lot in the heart of Riverside and seeks a motivated buyer looking for spring project. This single family home was converted to a multi-family/mixed-use set up with 2 furnaces, 2 hot water tanks, and 2 metered electric and gas connections. First floor features a convenience store type set-up with half bath. Second floor features 2 bedrooms and full bath with kitchen/family room set-up. Plenty of storage space with a full attic located on the 3rd floor. This property has tremendous potential and is set up for varying use as it can be occupied, leased, and/or flipped. Property is located on corner lot with fully fenced yard and driveway and is being sold As is - needs rehab .

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Houses for sale in Buffalo

Original listing

Buffalo Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$237,571 (+9.7%)
May 2024	$216,502 (-18.6%)
Apr 2024	$266,133 (0%)
Mar 2024	$266,133 (0%)
Feb 2024	$266,133 (0%)
Jan 2024	$266,133 (+17.7%)

In June 2024, the asking price for 2 bed houses for sale in/near Buffalo, United States averaged $237,571, an increase of 9.7% from the previous month.

Median price trends for properties for sale in Buffalo, United States as of June 2024.

Household Income

Median household income: $37,359

Number of households: 109,446

The average household income in Buffalo, NY grew from $34,814 to $37,359 in the past year. This data is an estimate based upon 109,446 households in Buffalo, NY.
The chart below presents how household income is distributed in Buffalo, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Buffalo, NY compared to median property taxes around the country. The prevalent amount of property taxes in Buffalo, NY equals <$800 , which is less than the national average.