#B1621680, Michelle Petrie, Listing office: WNY Metro Roberts Realty
255 Ontario St Buffalo, NY 14207
Property details
About 255 Ontario St
In the past few years, this 4-unit mix use property has undergone a massive remodeling worth more than $100K such as electrical upgrades, the whole storefront remodel along with its flat roof, hot water tank, furnace, flooring, plumbing, carpet, painting, and some windows. With $52,800.00 annual rental income, you can pocket some $$$$ after monthly mortgage payment. Two storefronts were combined into one and Ontario Express, the corner store, signed the 10-year lease with 5% rent increase option after 5 years lease term. The flat roof for the storefront was replaced a few years ago and the main roof is still in great condition. The upstairs features 5 bedrooms, 1 bath and downstairs 2 bedrooms 1 bath and fully occupied. Riverside Laundry is just right across the street, and Rite Aid, Dollar General, 7-11, riverfront, parks are within walking distance. Riverside neighborhood has seen so many development projects and continues to see more exciting new development momentum. What is greater is that it will not stop its momentum in the foreseeable future. Located on busy street corner, you won’t be disappointed to add this CASH COW property to your portfolio. Priced to sell. Make your offer.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Electric Water Heater, Gas Water Heater
- Basement: Yes
- Flooring Type: Laminate, Resilient, Tile, Varies
- Total Bedroom Count: 7
- Parking: Two or More Spaces
- Exterior: Balcony
- Heating: Natural Gas, Forced Air
- List Price: $399,900
- Price/SqFt: $111
- Annual Tax Amount: $587
- Tax Year: 2023
- Lot: Corner Lot, Near Public Transit, Rectangular Lot
- Year Built: 1913
- Stories: 2
- Living Area: 3,598 SqFt
- Lot Size: 0.0884 Acres
- MLS Number: B1597345
- MLS Name: NYS
- Office Name: Park Realty of WNY LLC
- Office Email: khaing.moenaing@gmail.com
- Listing Agent: Khaing Naing
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Last updated on: 7/16/2025, 5:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 16, 2018 | Home Sold | $65,000 |
Jun 26, 2015 | Home Sold | $25,000 |
Mar 28, 2007 | Home Sold | $36,000 |
Jun 20, 2006 | Home Sold | $30,000 |
Mar 02, 2005 | Home Sold | $40,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $113,000 | $587 |
2022 | $113,000 | $587 |
2021 | $113,000 | $1,384 |
2020 | $113,000 | $1,384 |
2019 | $36,000 | $1,338 |
2018 | $36,000 | $1,279 |
2017 | $36,000 | $1,204 |
History based on county public records data.
Nearby schools
3
PS 65 Roosevelt Early Childhood Center
Public District PK-4
0.7 mi
•249 Skillen St
4
Elmwood Village Charter School Hertel
Public Charter KG-5
1.0 mi
•665 Hertel Ave
7
PS 64 Frederick Law Olmsted
Public District PK-4
1.7 mi
•874 Amherst St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,518. Most Buffalo, NY residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 255 Ontario St
The listing price of 255 Ontario St property is $399,900.
The property 255 Ontario St is a multi located in Buffalo, New York, 14207.
Active Listing: 255 Ontario St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 255 Ontario St are: PS 65 Roosevelt Early Childhood Center (GreatSchools Rating 3/10), Elmwood Village Charter School Hertel (GreatSchools Rating 4/10), PS 64 Frederick Law Olmsted (GreatSchools Rating 7/10), Pfc William J Grabiarz #79 (GreatSchools Rating 2/10), West Hertel Elementary School (GreatSchools Rating 3/10), PS 81 (GreatSchools Rating 3/10), Riverside Academy High School (GreatSchools Rating 1/10), Charter School for Applied Technologies (GreatSchools Rating 5/10), McKinley Vocational High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $587 (source: MLS/based on county public records data).
The last sale was on April 16, 2018 for $65,000 (source: MLS/tax record).
The property 255 Ontario St is 3,598 SqFt (source: MLS/tax record).
The year of construction for 255 Ontario St is 1913.
This home is located at 255 Ontario St in Buffalo, NY and zip code 14207 in the Riverside Park neighborhood. This 3,598 square foot home, which was built in 1913, sits on a 0.09 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $399,900.
Over 221 listings were sold over their listed price in June 2025 in Buffalo, NY. In the same period over 72 listings were sold below the listed price and 28 listings were sold for the listed price. The number of listings in Buffalo, NY decreased by 0.8% between May and June 2025. In June 2025, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $244,420.