Open House
Fri Jun 26, 5:30pm - 7:30pm
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,620 sqft
Price per Sqft $112
Subdivision City/Buffalo
MLS Listing ID B1691772
Style Triplex
Bedrooms 7
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $4,494
Lot Size 3,480 Sqft
Acres 0.0799
Lot Dimensions 30X116
Property Sub-Type Multi Family
Property Description
Investment OR owner occupant Opportunity – 3-Unit Property at 527 Massachusetts Ave, Buffalo, NY
Don't miss this excellent opportunity to own a solid three-unit income-producing property in a great west side of Buffalo location! This well-maintained multi-family property features two occupied units generating a combined $27,120 in annual rental income, with one vacant unit ready for immediate occupancy or lease-up.
The vacant unit presents the perfect chance for an owner-occupant to live affordably while collecting rent, or for an investor to increase cash flow by bringing the third unit online at current market rents. The unit is has a duplex layout with two large bedrooms and a renovated bath along with access to the partial attic. With strong rental demand in the area, there's significant upside potential to maximize returns.
Each unit offers comfortable living space with practical layouts, making this property appealing to long-term tenants. Whether you're looking to expand your investment portfolio or step into owner-occupied investing, this property delivers both steady income and future growth potential.
Highlights:
3-unit multi-family property
$27,120 current annual income (2 units occupied)
Vacant unit ready for occupancy or additional rental income
Opportunity to increase total gross rent
Ideal for investors or owner-occupants
Convenient Buffalo location with access to local amenities
Capitalize on this value-add opportunity and unlock the full earning potential of this versatile multi-family property!
Location
State NY
County Erie
Community City/Buffalo
Area Buffalo City-140200
Direction GPS to 527 Massachusetts.
Rooms
Basement Full
Interior
Interior Features Natural Woodwork
Heating Gas, Forced Air
Flooring Hardwood, Tile, Varies, Vinyl
Fireplace No
Window Features Leaded Glass
Appliance Gas Water Heater
Laundry Common Area, Washer Hookup
Exterior
Exterior Feature Balcony, Deck, Fence
Fence Partial
Utilities Available Sewer Connected, Water Connected
Roof Type Shingle
Porch Balcony, Covered, Deck, Porch
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-099-360-0007-016-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/05faf565-a36c-4206-9128-63ae71bcf909?initialViewType=pano
Nearby Locations
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