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!
Listing By
Agency Name: MLS Nation Realty LLC
Agency Contact: 716-310-3102
Shown By
Agent Name: Robert Nowak
Agent Phone: (716) 380-7305
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 904.21 per month $554.17 Principal & Interest $277.42 Property Tax $72.63 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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41 Allegany Street | MLS# B1726028
This home located at 41 Allegany Street, Buffalo, NY 14220 is currently listed for sale with an asking price of $249,000. This property was built in 1930 and has 6 bedrooms and 3 full baths with 2941 sq. ft. Allegany Street is located in the Buffalo Crk Reservation subdivision within the Buffalo school district. Search Buffalo Crk Reservation real estate on rnowak.mjpeterson.com today.