11 Pembina Street, Buffalo, NY 14220

$140,000
: 5
BD
: 2
BA
: 1,436
SqFt

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List Price: $140,000
Status: ACTIVE
Days on Market: 1
MLS#: B1719378
Subtype: Residential
Year Built: 1910
Bedrooms: 5
Bathrooms: 2
Full Baths: 2
Living Area: 1,436
Lot Size: 8,700
Acres: 0.20
Subdivision: Ogden Gore
Neighborhood: Ogden Gore
MLS Area Major: Buffalo City

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Property Description

Investor Opportunity in Buffalo! Welcome to 11 Pembina Street, a solid two-unit property offering strong rental income and great long-term potential. The property features a spacious 3-bedroom lower apartment and a 2-bedroom upper unit, currently bringing in $1,900 per month in total rents with tenants paying their own electric and gas. The home sits on an extra-large lot and includes a large storage shed, providing additional convenience for tenants and owners alike. Several key updates have already been completed, including a new furnace, two new hot water tanks, and structural improvements by Frank’s Basements, who installed a sump pump and reinforced the rear foundation wall with I-beams. Located just minutes from Tesla and other major employers, this property is well-positioned for continued rental demand. Great tenants already in place make this an ideal turn-key investment for both new and seasoned investors.

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Additional Information

Taxes: $940
Flooring: Ceramic Tile, Laminate, Varies
Appliances: Electric Water Heater
Heating: Electric, Gas, Forced Air
Foundation: Pillar/Post/Pier, Stone
Parking Features: Concrete, Two or More Spaces
School District: Buffalo