547 Potomac Ave Buffalo, NY 14222
Elmwood Bidwell NeighborhoodEstimated payment $5,268/month
Highlights
- Property is near public transit
- 2 Fireplaces
- Coin Laundry
- Wood Flooring
- Forced Air Heating System
- 3-minute walk to Bidwell Parkway
About This Home
Are you considering incorporating a long-term investment into your real estate portfolio? This recently updated apartment building located at 547 Potomac has distinguished character, charm, and a prime location just steps away from one of Buffalo's most sought-after walkable neighborhoods. The property has undergone significant enhancements in recent years, including renovated kitchens and bathrooms, a newer roof, driveway, multiple new windows, and more. Constructed in the late 1800s, the property features period moldings, separate electric meters, off-street parking, a full basement equipped with coin-operated laundry facilities, security cameras, and a mix of studio, one-bedroom, and two-bedroom apartments. Each apartment offers unique features that consistently attract interested applicants, ensuring minimal vacancies. Furthermore, each unit comes with a designated parking spot, providing added convenience. This promising investment opportunity is truly plug and play
Listing Agent
Listing by Park Realty of WNY LLC Brokerage Email: ToddVanderlip@gmail.com License #10491209533 Listed on: 02/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,128
Year Built
- Built in 1890
Lot Details
- 7,971 Sq Ft Lot
- Lot Dimensions are 49x160
- Rectangular Lot
Home Design
- Wood Siding
- Vinyl Siding
Interior Spaces
- 5 Bedrooms
- 5,838 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Vinyl
Parking
- 1 Parking Space
- No Garage
- Driveway
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 140200-089-690-0004-006-000
Community Details
Overview
- 6 Units
- Stevens Surv Subdivision
Additional Features
- Coin Laundry
- 1 Separate Gas Meter
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $799,000 | 0.0% | $137 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | Price Changed | $799,000 | -5.9% | $137 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $849,000 | 0.0% | $145 / Sq Ft |
| 06/01/2020 06/01/20 | Rented | $10,800 | +1100.0% | -- |
| 02/22/2020 02/22/20 | Price Changed | $900 | -7.7% | $0 / Sq Ft |
| 01/08/2020 01/08/20 | For Rent | $975 | 0.0% | -- |
| 09/05/2018 09/05/18 | Sold | $525,000 | -1.0% | $90 / Sq Ft |
| 05/24/2018 05/24/18 | Pending | -- | -- | -- |
| 05/22/2018 05/22/18 | Price Changed | $530,500 | -7.8% | $91 / Sq Ft |
| 05/07/2018 05/07/18 | For Sale | $575,500 | -- | $99 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1587109
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