UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,439 sqft
Price per Sqft $75
MLS Listing ID B1693456
Bedrooms 3
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1919
Annual Tax Amount $1,408
Lot Size 3,301 Sqft
Acres 0.0758
Lot Dimensions 30X110
Property Sub-Type Multi Family
Property Description
Key Investment Highlights:Proven Occupancy: Previously described as “fully occupied” with tenants in place. $1640 a month rent and low taxes gives a great cashflow
Rental Upside: In 14211 / Schiller Park, 2-bedroom rents typically range $900–$1,250+, supporting potential gross rents of $1,800–$2,400+/month ($21k–$29k+ annually) with updates or market adjustments. Buffalo's overall 2BR average sits around $1,250–$1,375.
Affordable Entry / Value-Add: Last sold for $60k in Dec 2021 (after earlier sales in the $35k–$52k range). Current estimates range $110k–$140k (Zillow/Redfin ~$119k–$134k), offering solid appreciation room in a buyer's-to-balanced market where median sales in 14211 hover around $150k–$160k.
Low Holding Costs: Taxes remain modest (~$347 in 2025 on $105k assessed value). Compact lot minimizes maintenance.
Ideal for house-hacking (live in one unit, rent the other), buy-and-hold investors, or light rehab flips. Schiller Park provides a mix of city convenience and relative affordability near parks and transit, with ongoing East Side revitalization supporting long-term demand from renters.
Projected Returns (rough, investor-dependent): Strong cap rates possible at current pricing with stabilized rents and controlled expenses. Verify with current comps, actual rents, and inspection.This is a solid, no-frills Buffalo duplex for cash-flow-focused investors seeking entry into the multi-family segment. Always perform your own analysis, including tenant screening, utility/history review, and local regs.
Location
State NY
County Erie
Area Buffalo City-140200
Direction Try Google Maps
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Sewer Connected
Water Connected, Public
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-101-350-0004-031-000
Acceptable Financing Cash, Conventional, Private Financing Available, Rehab Financing
Listing Terms Cash, Conventional, Private Financing Available, Rehab Financing
Special Listing Condition Standard
Nearby Locations
GET MORE INFORMATION