Location
Agent Comments
This three-property portfolio, located just minutes from the University at Buffalo, is a fully leased, turnkey investment.
49 Merrimac: 2,364 Sq. Ft.
51 Merrimac: 1,194 Sq. Ft.
54 Merrimac: 1,624 Sq. Ft.
The total package includes four units comprised of 14 bedrooms and 4.5 bathrooms, all currently rented with steady cash flow. Each property is well-maintained and situated in a strong rental neighborhood.
An ideal opportunity for investors seeking a turnkey, income-generating portfolio in a rental market with consistent demand.
Rent includes utilities up to a capped dollar amount per month. Taxes (2025 County/2024-5 School/City), 54 Merrimac was built in 1928.
Amenities
- Gas Water Heater
Interior Features
- Heat System: Gas, Baseboard, Forced Air, Hot Water, Radiant, Steam
- Floors: Hardwood, Varies
- Fireplaces: 0
- Interior: Ceiling Fan(s), Storage, Natural Woodwork
Exterior Features
- Parking: Parking Available, Two or More Spaces
- Siding: Composite Siding, Vinyl Siding, Copper Plumbing
- Roof: Asphalt
- Exterior: Balcony, Fully Fenced, Fence, Private Yard, See Remarks
Additional Features
- County: Erie
- Property Type: Multi Family
- Tax Number: 140200-079-460-0005-013-000
- Water/Sewer: Connected, Public
- Stories: 2
- Year Built: 1920