2 months on rocket

347 Prospect Ave, Buffalo, NY, 14201

$149,900

Home List Price

$1,780*

Closing Credit

5 Bedrooms
2 Full Baths
2,152 SqFt
$70/SqFt
Multi
Schools Nearby

Location

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347 Prospect Ave, Buffalo$149,900

Buyer Closing Credits

$1,780*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingTwo or More Spaces
Garage2 spaces
Year Built1910
HeatingNatural Gas, Other
CoolingOther
BasementYes
MLS #B1519562
Lot Size0.06 Acres
StatusActive

About 347 Prospect Ave

Investor's Dream! 2-family house at 347 Prospect Ave, Buffalo, NY, beckons with potential. This property is a total rehab project, but with high sale prices in the immediate area, the opportunity is boundless. Located within walking distance to Allentown, Downtown, and D'Youville College, it's a prime spot for growth. Bonus: Included adjacent lot at 343 Prospect, featuring a 2-car garage, providing a double lot with 50 feet of frontage. Surrounded by major development and investment, seize the chance to be part of the transformative landscape in this burgeoning neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1910
  • Stories: 2
  • Living Area: 2,152 SqFt

Listing Office:

  • Office Name: Keller Williams Realty WNY
  • Office Phone: (716) 553-9963
  • Listing Agent: Robert Karp

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Other, See Remarks, Varies

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Two or More Spaces

Lot Features

Lot Information:

  • Lot: Other, See Remarks
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Hudson to Prospect

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,900
  • Price Per SqFt: $70/SqFt

Tax Information:

  • Annual Amount: $686
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Buffalo, NY.

Med. Sold Price

$227.1K

Med. Price/SqFt

$155

Avg. Days On Market

30

# of Sold Homes

237

347 Prospect Ave vs Buffalo

84 DAYS ON ROCKET

+54 Days

$149,900

-$77.2K Less

$70/SqFt

-$86 Less

KEY TAKEAWAY

This property is $77.2K less than the Median Sold Price and $86/SqFt less than other homes in Buffalo, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1519562

Listing Office:

  • Office Name: Keller Williams Realty WNY
  • Office Phone: (716) 553-9963
  • Listing Agent: Robert Karp

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/27/2024, 5:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2006Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$686$45,000
2019$654$25,000
2018$645$25,000
2017$609$25,000

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1058506
3
/10
  • International School

  • 141 Hoyt St

  • 1.50 miles

  • Public District Grades PK-6

school-card-donut-1058507
5
/10
  • West Buffalo Charter School

  • 113 Lafayette Ave

  • 1.57 miles

  • Public Charter Grades KG-3

school-card-donut-1058508
3
/10
  • Stanley Makowski Early Childhood Center

  • 1095 Jefferson Ave

  • 1.78 miles

  • Public Magnet Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,500. The majority of Buffalo, NY residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkErie CountyBuffalo14201347 Prospect Ave

This home is located at 347 Prospect Ave in Buffalo, NY and zip code 14201 in the Lakeview / Lower West Side neighborhood. This 2,152 square foot home, which was built in 1910, sits on a 0.06 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $149,900.

Over 128 listings were sold over their listed price in March 2024 in Buffalo, NY. In the same period over 84 listings were sold below the listed price and 25 listings were sold for the listed price. The inventory of homes for sale in Buffalo, NY between February 2024 and March 2024 decreased by 7.7%. While the average time on the market in March 2024 was 30 days, the median list price was $227,140.

From Rocket Homes Real Estate and based on county public records data.

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