$200,000
$50K PRICE DROP

Estimated payment $1,164/month

Total Views 8,115
4 Beds
4 Baths
1,981 Sq Ft
$101 Price per Sq Ft

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Partially Fenced Property
  • Wood Flooring
  • Rectangular Lot
  • 1-Story Property

About This Home

Multi-Unit Investment Opportunity in Buffalo’s Kaisertown Neighborhood. Don’t miss this versatile 3-unit property located in the up-and-coming Kaisertown area of Buffalo. With separate utilities and heating systems for each unit, this property is ideal for investors or owner-occupants seeking rental income. The exterior has been recently updated and features a brand-new roof, low-maintenance vinyl siding, new windows, a welcoming front porch, and a fresh concrete walkway, all setting the stage for long-term durability and curb appeal. Inside, the renovation has been started with updated plumbing and new flooring throughout, offering a solid foundation for the next owner to complete and customize to their vision. Unit Breakdown: Lower Front Unit: 2 bedrooms, 1 full bath, spacious living room, and eat-in kitchen. Upper Unit: 1 bedroom, 1 full bath, living room, and eat-in kitchen, with the potential to convert the unfinished attic into a second bedroom—transforming this unit into a spacious 2-bedroom. Lower Rear Unit: 1 bedroom, 1 full bath, living room, and eat-in kitchen. Additionally, there's a partially finished area at the rear of the property that the seller had intended to convert into a studio apartment—offering the potential for a fourth income-producing unit. All units have private entrances, and the layout was designed with in-unit laundry capabilities in mind. The partially fenced yard includes a shared courtyard space—a great feature for tenants to enjoy. This property offers a rare combination of completed exterior updates and interior flexibility, making it a great opportunity for those looking to invest in or grow their real estate portfolio.

Listing Agent

William Abels

Listing by HUNT Real Estate Corporation Brokerage Phone: 716-465-3160 License #10301219347 Listed on: 05/23/2025

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 1886

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Partially Fenced Property
  • Rectangular Lot

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 140200-123-410-0004-015-000

Community Details

Overview

  • 4 Units
  • Buffalo Crk Reservation Subdivision

Building Details

  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,175

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks, Trash Collection, Water
  • Year Built: 1886
  • Attribution Contact: 716-465-3160
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Buffalo Crk Reservation
  • Directions: Clinton to Weiss
  • Flooring: Hardwood, Laminate, Other, See Remarks, Varies
  • Interior Features: Other, See Remarks
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 0.0689
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Other, See Remarks

Garage/Parking

  • Parking Features: No Driveway, On Street

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-123-410-0004-015-000
  • Lot Dimensions: 30X100
  • Lot Size Sq Ft: 3000.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 1175.0
  • Tax Lot: 15

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $324 $64,000 $6,000 $58,000
2023 $324 $64,000 $6,000 $58,000
2022 $322 $64,000 $6,000 $58,000
2021 $322 $64,000 $6,000 $58,000
2020 $393 $64,000 $6,000 $58,000
2019 $1,399 $51,000 $3,800 $47,200
2018 $1,317 $51,000 $3,800 $47,200
2017 $303 $51,000 $3,800 $47,200
2016 $1,241 $51,000 $3,800 $47,200
2015 -- $51,000 $3,800 $47,200
2014 -- $51,000 $3,800 $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $200,000 -20.0% $101 / Sq Ft
05/23/2025 05/23/25 For Sale $250,000 +163.2% $126 / Sq Ft
05/09/2024 05/09/24 Sold $95,000 +6.7% $48 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $89,000 +97.8% $45 / Sq Ft
06/17/2013 06/17/13 Sold $45,000 -22.3% $29 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
09/21/2012 09/21/12 For Sale $57,900 -- $38 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 None Available
Warranty Deed $95,000 None Available
Warranty Deed $45,000 None Available
Warranty Deed $45,000 None Available
Warranty Deed $46,250 None Available
Warranty Deed $46,250 None Available
Warranty Deed $52,000 None Available
Warranty Deed $52,000 None Available
Warranty Deed $4,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $243,000 Credit Line Revolving
Previous Owner $40,000 Purchase Money Mortgage
Previous Owner $36,250 Seller Take Back
Source: Public Records

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1609340

Western New York Real Estate Information Services (WNYREIS)

APN: 140200-123-410-0004-015-000