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41 Allegany Street, Buffalo, NY 14220

$249,000.00
  • 41 Allegany Street, Buffalo, NY 14220 Main Photo

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New to the Market Active
BEDS6 BATHS3 full SQUARE FEET2,941 MLS#B1726028
STATUSActive PROPERTY TYPEResidential - Multiple SUBDIVISIONBuffalo Crk Reservation SCHOOLBuffalo

Property Description

Excellent investment opportunity in South Buffalo! This unique property features two separate buildings on one lot with three residential units, offering multiple streams of rental income. The front house consists of a recently remodeled two-bedroom lower unit currently rented for $900/month and a one-bedroom upper unit currently rented for $550/month both month to month. The rear building is a separate three-bedroom single-family home, completely renovated in Oct 2026, with projected rental income of at least $1,200/month. The property currently generates $1,450/month in rental income, with potential gross monthly income of approximately $2,650 and annual gross income of $31,800 or more once all units are rented. A fantastic opportunity for investors seeking immediate cash flow with additional income potential. Conveniently located in South Buffalo near shopping, restaurants, parks, schools, and major roadways. Don't miss this opportunity to own a versatile, income-producing property with three separate living units!

Property Features

Property Type: Residential - Multiple
Basement: Full, SumpPump
Days on Market: 1
Heating: Gas, ForcedAir, WallFurnace
Home Style: RowHouse, Triplex
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $3,329
Year Built: 1930

Amenities

Balcony
Fence

Feature Descriptions

Appliances: GasWaterHeater
Exterior: WoodSiding, CopperPlumbing, PexPlumbing
Fencing: Partial
Flooring: Carpet, Hardwood, Laminate, Varies
Laundry: WasherHookup
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 32X126
Parcel#: 140200-133-390-0001-021-000
Parking: OnStreet, TwoOrMoreSpaces
Parking Notes: OnStreet, TwoOrMoreSpaces
Patio/Porch: Balcony, Open, Porch
Sewer: Connected
Units: 3
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Buffalo

Listed By / Shown By

Listing By

Agency Name: MLS Nation Realty LLC
Agency Contact: 716-310-3102

Shown By

Agency Name: East Coast New York
Agent Name: Alejandro Alex Estrada
Agent Phone: (917) 821-8695 Cell

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Estimated Payment

$ 1,340.51 per month $990.47 Principal & Interest $277.42 Property Tax $72.63 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

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