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
MLS#
B1717485
Year Built
1920
Bedrooms
3
Bathrooms
3
Baths Half
1
Acres
0.12
Living Area
2,335
Region
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

Taxes
$2,037
Exterior Features
Enclosed Porch, Porch
Style
Duplex
School District
Buffalo
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

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