The wealthy businessman and real estate investor who purchased former Buffalo Bills defensive end Mario Williams' Aurora home last August has acquired three West Avenue multifamily properties from the same family.
But compared to his prior purchase at $2.5 million, Finn's latest acquisition is a measly $740,000.
Ian Finn paid $330,000 and $310,000 this week to buy 872 and 864 West Ave. from Merrill McCloskey and a limited-liability company he controls. He also paid $100,000 to buy a duplex at 868 West from Marvin L. and Elizabeth McCloskey.
The investment property at 872 West consists of two separate renovated dwellings with a total of 4,116 square feet and five apartments between them, full basements, an attic and a single driveway. The front house has two lower apartments and one upper-level unit, while the rear building has one on each floor. Four of the five units are rented, according to a real estate listing for the building, and the rents total $2,400. Built in 1890 and 1900, it was remodeled in 2013.
The other two properties are a 2,640-square-foot triple at 864 West and a 2,808-square-foot duplex at 868 West. Both also date to 1900.
Finn, portfolio director for NRG Curtailment Solutions, isn't new to real estate investments in Buffalo. He previously bought a two-story, 4,872-square-foot apartment house on Norwood Avenue in 2016, as well as Williams' house last year. He also owns houses on Knowlton, Tennyson and Woodbridge avenues, and owned but sold a property on Englewood Avenue in Tonawanda.