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Old 01-17-2010, 02:53 PM
 
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I think Buffalolight was correct, if you do find anything in a "decent" neighborhood it would need extensive work (prob 40-60k). If you have the cash for it, it could be a decent investment. I know of people who found houses in North Buffalo for that price range but they needed tons of work and were unliveable/unrentable for an extended period of time. Rental property in the suburbs carries hefty tax burdens which eats away at your goal at offsetting the mtg. Rentals in Tonawanda/Kenmore/Lackawanna/West Seneca/Cheektowaga don't really fetch all that much more than some of the city areas.I would stay far away from Lackawanna for multiple reasons. Buffalo offers unique pockets of neighborhoods that are nice but can be surrounded or near some really bad areas. I would suggest when you see a property that interests you post the street on here for the locals take on the street.
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Old 01-17-2010, 03:01 PM
 
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Quote:
Originally Posted by jblake78728 View Post
Look at Kenmore, Tonawanda & North Tonawanda. More urban feeling than many of the other suburbs, they all have affordable housing & pretty safe neighborhoods. The location also offers easier access into Canada than the southern or northeastern areas (since you will also be working in TO).
Good point. I forgot about those three.
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Old 01-20-2010, 01:36 PM
 
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Quote:
Originally Posted by jblake78728 View Post
Look at Kenmore, Tonawanda & North Tonawanda. More urban feeling than many of the other suburbs, they all have affordable housing & pretty safe neighborhoods. The location also offers easier access into Canada than the southern or northeastern areas (since you will also be working in TO).

We're looking to buy in Kenmore. We love the fact that its blocks from the city and has an urban feel. Pretty safe if you ask me. They have a top notch police force.
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Old 01-21-2010, 08:04 AM
 
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After sitting down with a mortgage adviser, the target price range is now in the $55k range giving me a few better options. I'll take Choosing78's suggestion if I may, and ask if anyone has any feedback on these four potential areas.

Keever Ave in Lackawanna - off of S. Park Avenue about midway between Ridge Road and Milestrip Expressway
Mystic Ave - Listed as South Buffalo approx where S. Park Ave and Abbot meet
Cable Street - Kaisertown. Southern part of street, a few blocks west of Ogden
Wyandotte - Riverside, about midway between Vulcan and Ontario

I appreciate any and all comments. I am only in town for a day on the initial viewing and don't want to waste my Realtors time.
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Old 01-21-2010, 10:13 AM
 
Location: Hamburg, NY
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In South Buffalo/Lackawanna you want to look as close to Caz Park as possible & I personally wouldn't touch anything on the west side of South Park Ave (Both Keever & Mystic are west of South Park). In this area I would try to stick to the Abbott-McKinley, South Abbott & Caz Park neighborhoods. I would also pay particular attention to the actual address of a building in this area. Anything Buffalo will save you a lot of $$$$'s come tax time over anything that has a Lackawanna or West Seneca address.

I'd stay out of Kaisertown. Its an isolated mostly middle class neighborhood (not a bad neighborhood for the most part but some areas can be a little sketchy) that is bordered by some bad ghetto areas.

Can't really say anything about Riverside as I'm not familiar with that area at all. I'm sure someone else will be able to help with that one though.
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Old 01-21-2010, 11:29 AM
 
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Hi, I went on Realty USA website to see those homes and locations and I can't say I really recommend those areas. I saw a house listed at 595 Linden Ave, Buffalo, 14216. It's listed at 54900. I lived in North Buffalo about 12 years ago and paid $600 a month in rent. I think the avg 2 bed in that area would rent in the $600-700 range. You should check it out. Here's a link (if it works)
Buffalo Real Estate - 595 Linden Ave, Buff
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Old 01-21-2010, 01:17 PM
 
Location: Buffalo, NY
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Quote:
Originally Posted by choosing78 View Post
Hi, I went on Realty USA website to see those homes and locations and I can't say I really recommend those areas. I saw a house listed at 595 Linden Ave, Buffalo, 14216. It's listed at 54900. I lived in North Buffalo about 12 years ago and paid $600 a month in rent. I think the avg 2 bed in that area would rent in the $600-700 range. You should check it out. Here's a link (if it works)
Buffalo Real Estate - 595 Linden Ave, Buff
I like Linden very much. That particular block may get some extra traffic off Delaware cutting through to Colvin or Hertel, so no playing in the street there. There are also RR tracks behind the home. I lived by tracks most of my life so it never bothered me. It also means that you get more privacy since there is no neighbor behind you, and you will get occasional wildlife in your yard. It is also walking distance to quite a bit of shopping (KMart, Kohls, etc). I don't know about the property condition or the neighbors, but that is an extremely low price for N. Buffalo. Also walking distance to Library, Holy Spirit, Delaware Plaza, Tim Hortons - could be really convenient. Not too far from Delaware PArk, and right near the bus line to downtown.
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Old 01-21-2010, 01:39 PM
 
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Here's a look at the particular areas mentioned:

595 linden street, buffalo, ny - Google Maps Linden Ave.

mystic street, buffalo, ny - Google Maps Mystic Street

cable street, buffalo, ny - Google Maps Cable Street


keever ave., lackawanna, ny - Google Maps Keever Ave. (Lackawanna)

wyandotte ave., buffalo, ny - Google Maps Wyandotte Ave.
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Old 01-27-2010, 07:12 AM
 
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I am going to be in Buffalo on Friday looking at a few places. Going to look at a few in Kaisertown just to get my own sense of the neighborhood (i read mixed opinions here), One near Cazenovia Park as a comparison for price/value and then off to Lockport to look at a few there. Lockport seems like it might be what I am looking for. I appreciate all the guidance I received hear. I'll give my thoughts on the area from an outsiders perspective when i return
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