bedrooms
6
bathrooms
4
square feet
2,882
Acreage
0.1482
Open Houses
-
year built
1870
Full Baths
4
Half Baths
0
An amazing investment opportunity in highly-desirable Allentown! 348 Virginia is TWO, 2-Family homes on a single parcel, in an unbeatable and convenient location-ideal for an investor or owner-occupant. Each structure offers both upper & lower units. The front house includes a spacious lower 3-bed, with updated vinyl flooring and currently rented to a tenant of 5+ yrs at $950/m. The bright & cozy upper 1-bed has fresh paint, updated windows, flooring, kitchen, new refrigerator & is ready for its new owner or great tenant. Both units in the rear house are 1-bed apts that are mirror images of each other. The upper is a tenant of 5+ yrs at $700/m. The rear lower also has fresh paint, new flooring, updated cabinetry, renovated bathroom, new refrigerator & ready for its next resident. Both homes feature maintenance free vinyl siding, newer roofs ('15), w updated electrical systems, plumbing upgrades, & newer HWTs—all delivers peace of mind for the property’s new owner. Coveted off-street parking, w dedicated spaces for each unit as well as green space between the homes. Past gross annual income of $42,000, commanding an attractive cap-rate, priced to sell and WELL BELOW assessed value! Positioned in historic Allentown, the property sits just steps from the area’s shopping, restaurants, nightlife and a short walk to Day’s Park, Klienhan’s Music Hall, the Medical Corridor, and downtown. Don’t miss the rare chance to own this multi-unit property in a prime and desirable location! Please allow 24-48hr notice to view rented spaces. Open house Saturday, April 26th 11am-1pm.
Location | |
Subdivision | - |
County | Erie |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: B1601684
Listing agent:
Luigi Rodo
#10301222030
Listing broker:
Keller Williams Realty Buffalo Northtowns
(716) 832-3300
Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, May 3 2025 at 10:55 p.m. EDT
Kotohomes National