Price $695,000

Welcome to 193 Norwood. A 3-Unit Property in Buffalo’s Elmwood Village. This nearly 4000sqft property blends historic charm with modern conveniences. All 3 units are updated. Currently 2 of the 3 units are occupied with leases. Full financial breakdown available in the attachments. Property has the potential for $45,000 in NOI as it stands. Functioning currently as a 6-bedroom 4 full bathroom Triplex, some modifications could turn this into 8+ bedrooms 4+ bathrooms Triplex. The back unit, currently vacant, could garner additional income or work well as an owner’s unit, boasts four bedrooms and two full bathrooms encompassing two floors. There is unfinished space available on the third floor that could be turned into more living space. This unit is being sold fully staged as well, brand new furniture. The back unit also has a deck off the main living area to enjoy during the summer months. The front two units are both spacious 1 bedroom 1-bathroom units, both with tall ceilings and modern amenities. The upper front unit has access to additional living space on the 3rd floor, 3 large rooms. This property has undergone extensive renovations since it was purchased by the current owner in 2013, $200,000 covering everything from new roof, HVAC systems, electrical upgrades, hot water tanks, sump pump, professional perennial landscaping, kitchens, bathrooms, lighting, flooring. Laundry for all 3 units in the basement. A fire wall separates both front units from the rear unit. Completely separate utilities for all 3 units. Mechanics well maintained, roof done less than five years ago. Three separate gas hot water tanks, high efficiency furnaces and an AC condenser for the back unit. Concrete driveway leads to a large backyard with additional concrete poured for surface parking, adding to the two garage spaces for a total of five off-street parking spots. A nice convenience for any future owner-occupied residents knowing you and your tenants have plenty of off-street parking available, rare in the Village. This property is an example of the stewardship you wish to see in all homes. Comprehensive floor plans also avail in with the photos. Open Houses 3/8 11-1 3/9 11-1.