Location
Agent Comments
Well-Maintained Two-Unit Property in Buffalo’s Kaisertown Neighborhood!
Great investment opportunity in Buffalo’s desirable Kaisertown neighborhood! Situated on a spacious double lot along a one-way street, this two-unit property offers excellent rental income potential and numerous updates throughout.
The lower unit, previously owner-occupied and updated throughout, features 3 bedrooms, 1 full bathroom, with appliances. Currently tenant-occupied, this unit generates $1,200 per month in rental income. The upper unit offers 2 bedrooms and 1 full bathroom, bringing in an additional $900 per month. Both tenants have expressed interest in staying, providing an opportunity for continued rental income from day one.
Additional features and updates include a fully waterproofed basement with sump pump and glass block windows, newer hot water tanks in both units, separate 100-amp circuit breaker panels for each unit, the main roof was replaced in 2008, the flat roof approximately 4 years old. The property also boasts a fully fenced yard, two storage sheds, and a full attic for additional storage.
With a combined monthly rental income of $2,100 ($25,200 annually) and taxes only $1,963.00 a generous double lot, and several important updates already completed, this property is a great opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Don’t miss your chance to own this versatile two-family property in Buffalo!
Amenities
- Gas Water Heater
Interior Features
- Heat System: Gas, Forced Air
- Floors: Carpet, Laminate, Varies
- Fireplaces: 0
Exterior Features
- Parking: Concrete, Parking Available, On Street, Two or More Spaces
- Siding: Vinyl Siding, Copper Plumbing
- Roof: Asphalt
- Exterior: Fully Fenced
Additional Features
- County: Erie
- Property Type: Multi Family
- Tax Number: 140200-123-340-0005-024-100
- Water/Sewer: Connected, Public
- Stories: 2
- Year Built: 1900