242 Grant Street, Buffalo, NY 14213

$759,900
12,448
SqFt

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List Price
$759,900
Status
ACTIVE
MLS#
B1690461
Price Change
▼ $40,000 1788456415
Year Built
1920
Stories
3
Acres
0.10
Living Area
12,448
Region
Buffalo City

Property Description

Exceptional opportunity for investors and 1031 exchange buyers seeking immediate scale in one of Buffalo's most active rental corridors. This mixed-use asset features 10 residential apartments and 2 commercial storefronts under one roof, providing multiple income streams and long-term upside. The property encompasses approximately 12,000+ square feet and is strategically positioned on Grant Street, a highly visible commercial corridor with strong foot and vehicle traffic. The building is located just minutes from the campus of the State University of New York at Buffalo, attracting a consistent tenant base and benefiting from the area's ongoing demand for rental housing. The property includes a mix of spacious residential units and street-level commercial spaces, creating diversification and stability for investors. Conveniently located near shopping, restaurants, public transportation, downtown Buffalo, Delaware Park, and major commuter routes. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or acquire a value-add mixed-use asset with substantial income potential, 242-244 Grant Street presents a rare opportunity to own a cornerstone investment in Buffalo's thriving West Side market.

Additional Information

Taxes
$15,057
School District
Buffalo
Sewer
Public Sewer

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Listing courtesy of Park Realty of WNY LLC. Contact: ToddVanderlip@gmail.com