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272 Colvin Ave
Buffalo, NY 14216 North Park

$1,750,000 USD

Apartments For Sale • 8,640 SF

Property Details

Property Type Apartments
Total Building Size 8,640 SF
Lot Size 0.1 AC
Building Class C
Year Built 1940
Cap Rate 6.52 %
Zoning MF

40 Transit Score

70 Walk Score

                
                    Highlights
                
                                Remodeled one-bedroom apartments with hardwood floors and updated kitchens and baths
                            
                                Brick building in excellent condition
                            
                                North Buffalo location along Hertel Avenue retail corridor
                            
                                Nearby is the State University of NY at Buffalo south campus
                            
                                Seller will consider holding part of the mortgage for a quick close
                            
                                All city inspections current

Financial Summary (Proforma)

Net Operating Income: $114,108 USD (2026)

Cap Rate:	6.52 %
Total Expenses:	$51,793 USD

Amenities

24 Hour Access
Controlled Access
Tenant Controlled HVAC
Heating
Smoke Free
Refrigerator
Oven
Tub/Shower
Freezer

Public Transportation

Commuter Rail	Drive	Walk	Distance
	14 min	-	6.2 mi
	19 min	-	9.0 mi
Airport	Drive	Walk	Distance
Buffalo Niagara International	20 min	-	7.4 mi
Niagara Falls International	28 min	-	13.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Brian Heine 716-884-4437 Brian Heine - Licensed Real Estate Broker

272 Colvin Ave Buffalo, NY 14216 North Park