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Turnkey 4 unit investment property in the heart of Buffalo's highly desirable Elmwood Village, offering strong rental demand, mixed use zoning and good income. Located close to Delaware Park, Bidwell Parkway, and some of Buffalo's best shops, dining, and cultural attractions, this property benefits from one of the city's most stable and sought-after rental markets. The building consists of a 1st floor studio with updated kitchen and bath, hardwood floors, decorative fireplace, and front porch access, along with a recently renovated 2nd floor 1 bedroom that is currently vacant and ready to lease or owner occupy. Renovations include refinished hardwood floors, fresh paint, updated lighting, new outlets and ceiling fans, a second decorative fireplace, leaded glass window, and a private porch overlooking Elmwood Ave. Two additional 1 bedroom units at the rear feature identical layouts with full baths, large living rooms, and spacious kitchens. A full walk-up attic provides potential for future value-add or additional income, while the basement offers a shared laundry area with washer and dryer included. Each unit has its own forced-air furnace and tenants pay their own utilities with the exception of Unit 3, keeping operating costs low. Refrigerators & stoves included in the sale, the tear-off roof is approximately five years old and the fenced backyard adds additional tenant appeal. Whether you are seeking immediate cash flow, a low-maintenance asset in a prime location, or a property with long-term upside, this Elmwood Village 4 unit represents a rare opportunity in a proven rental market.

DAYS ON MARKET 6 LAST UPDATED 1/5/2026
TRACT Holland Land Company's Su YEAR BUILT 1900
COMMUNITY Buffalo City-140200 COUNTY Erie
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Ceiling Fan(s)
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
AREA Buffalo City-140200
BASEMENT Full, Yes
CONSTRUCTION Wood Siding
EXTERIOR Balcony
HEAT Forced Air, Natural Gas
HOA DUES Multi Family
INTERIOR Ceiling Fan(s), Natural Woodwork
LOT 3751 sq ft
LOT DESCRIPTION Rectangular Lot
LOT DIMENSIONS 25X150
PARKING On Street
STORIES 3
STYLE Fourplex
SUBDIVISION Holland Land Company's Su
TAXES 5814
UTILITIES Sewer Connected, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1042 ELMWOOD AVENUE
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Listing provided by: Jesse Lunn, HUNT Real Estate Corporation, 716-430-1202
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