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!
Listing By
Agency Name: Towne Housing Real Estate
Agency Contact: 646-377-1087
Shown By
Agent Name: Sharon Ciminelli
Agent Phone: (716) 510-7489
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 1,116.83 per month $656.32 Principal & Interest $374.50 Property Tax $86.01 Homeowner's Insurance
527 Massachusetts Avenue | MLS# B1691772
This home located at 527 Massachusetts Avenue, Buffalo, NY 14213 is currently listed for sale with an asking price of $294,900. This property was built in 1910 and has 7 bedrooms and 3 full baths with 2620 sq. ft. Massachusetts Avenue is located in the City/Buffalo subdivision within the Buffalo school district. Search City/Buffalo real estate on www.sharonciminelli.com today.