You Can Buy 6 Houses For The Price of One In Buffalo
The housing in Buffalo and Western New York was on fire last year with the region seeing a record amount of home sales, along with record increases in home prices and values.
All of those things contributed to Buffalo being one of the hottest housing markets in 2022, and even though interest rates have been on the increase over the last few months, all signs point to 2023 being just as hot in the market. However, with all of this activity, Buffalo and Western New York remain one of the most affordable places to live in the entire country.
There are all sorts of houses on the market in the 716 right now. There are some really good ones on the market, and of course, there are some not-so-good ones, but regardless of what you're in the market for, you can likely find it right here in Western New York.
Check Out This Set Of Houses For Sale
Currently for sale is a portfolio of 6 separate properties in different neighborhoods on Buffalo's East Side that has a total of nine units. The properties are a mixture of single-family and multi-family structures. The properties combine for a total of more than 10,000 square feet of living space.
6 Properties For Sale In Buffalo, NY For $500,000
This looks like close to the perfect entry point for someone looking to get into property investing. At a price of approximately $55,555 per unit, this means you're paying about $83,000 per house. That price is well below the median home price in Buffalo of $205,000 per house, which sounds like a pretty good deal to me.