A Civil War-era cottage in downtown Buffalo is now available for purchase. The asking price? $1. The cottage at 41 Milnor (google map) is an eight-minute walk to Lafayette Square and is eligible for the National Register of Historic Places, providing significant tax benefits for a new owner.
41 Milnor Street
Over 700 new loft units have been built in downtown Buffalo recently - see Buffalo Rising post - and the availability of this historic Italianate cottage for $1 is proof that it is still possible to find real values in the downtown housing market.
41 and 39 Milnor Street
There are two brick cottages that remain on Milnor Street. The City took possession of both cottages in 2007. Today the neighborhood is thinned out and a comparison - 1959 v 2006 - from Historic Aerials reveals the former density of the cottage community on Milnor. 39 Milnor - the white cottage - is in rough shape. 41 Milnor needs a lot of work, but it is a straightforward rehab. The cottage has a lot of integrity.
John Hannon, Director of Real Estate, is waiting to hear from you. The City's Division of Real Estate can be reached at (716) 851-5261.
from the City's catalog - .pdf available after the link
If you don't save 41 Milnor Street, who will?
Additional images: Milnor Street slide show