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501 West Avenue , Buffalo, NY 14213
501 West Avenue, Buffalo, NY 14213
2552
sq ft
2
units
2
gas meters
2
electric meters
2
hot water tanks
2
heating units
Unit 1
Vacant
status
3
beds
1
baths
Unit 2
Vacant
status
3
beds
1
baths
Unit 1
Vacant
status
3
beds
1
baths
Unit 2
Vacant
status
3
beds
1
baths
Property Listing: 501 West Ave, Buffalo, NY 14213
Discover a unique investment opportunity in Buffalo’s West Side neighborhood with this multi-family property at 501 West Ave. This two-unit house, situated in a highly desirable area, offers substantial potential for investors or owner-occupants ready to undertake a rehabilitation project. Priced significantly below market value, this property provides room for equity upon completion, making it an attractive option for those looking to invest in a dynamic community or create a personalized home.
Each of the two units features three bedrooms and one bathroom, offering spacious layouts suitable for tenants or personal use, with separate direct access from both the front and rear main stairways. The property includes a full attic, presenting the possibility to expand into a distinctive second- and third-floor “owner’s unit” for added living space or enhanced rental potential. With its solid foundation, this house is primed for transformation, allowing the new owner to reimagine the interiors to suit modern standards or unique design preferences. Concrete driveway for plenty of Off-Street parking.
The property requires extensive repairs, reflected in its competitive pricing, which provides flexibility for investors or homeowners prepared to manage a renovation project. The West Side’s growing popularity, driven by its cultural diversity, proximity to amenities, and ongoing revitalization, makes this location a strategic choice for long-term value appreciation. Whether you’re an investor seeking to capitalize on Buffalo’s rental market or an owner-occupant ready to craft a dream home, this property offers endless possibilities.
Key features:
- Multi-family house with two units
- Each unit: 3 bedrooms, 1 bathroom
- Full attic with potential for expansion into a second- and third-floor owner’s unit
- Located in Buffalo’s sought-after West Side neighborhood
- Rehab-ready, requiring significant repairs
- Priced below market value for investor or owner-occupant opportunity
- Offers reviewed as submitted
This is a chance to own a property with substantial upside in one of Buffalo’s most promising neighborhoods. Bring your vision and transform 501 West Ave into a standout residence or income-generating asset.
