226 Miami Street, Buffalo, NY 14204

$215,000
3
BD
3
BA
2,335
SqFt

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List Price
$215,000
Status
ACTIVE
Days on Market
1
MLS#
B1717485
Subtype
Residential
Style
Duplex
Architectural Style
Duplex
Year Built
1920
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,335
Lot Size
5,440
Acres
0.12
MLS Area Major
Buffalo City

Property Description

Attention investors! 226 Miami St is a fully leased 2 unit property in Buffalo's First Ward, offering steady income from day 1. The front unit is a spacious 2 story layout with a generous living room, kitchen and dining area, 1st floor laundry, full bath, and a bright sunroom. Upstairs you'll find 2 oversized bedrooms with walk in closets, extra storage, and a convenient half bath. The rear unit has its own private entrance and features 1 bedroom, a full bath, a comfortable living room, and a large kitchen with laundry hookups. Both units showcase updated kitchens with stainless steel appliances, hardwood flooring, and plenty of natural light. Key improvements include the roof, windows, and vinyl siding, along with efficient forced air gas heat. Current rents of $1,475 and $1,000 bring in $29,700 per year, with annual taxes of just $2,037. For the right investor, this can be the ideal10+ cap. Just minutes from downtown, Canalside, Silo City, and the Buffalo River, the First Ward continues to attract strong renter demand. Please note the rear garage is not included, sits on a separate parcel, and has a shared driveway. With both units occupied and income in place, this is a turnkey addition to any portfolio.

Additional Information

Exterior Features
Enclosed Porch, Porch
Taxes
$2,037
Property Description
Duplex
Flooring
Hardwood, Varies
Appliances
Gas Water Heater
Heating
Gas, Forced Air
Parking Features
Paved, Two or More Spaces
School District
Buffalo

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Calculator source: Real Geeks

Listing courtesy of 716 Realty Group WNY LLC. Contact: 716-864-1055