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796 Elk Street, Buffalo
$120,000
6 Beds ⋅ 2 Baths ⋅ B1721744 MLS
**A GREAT OPPORTUNITY TO START OR GROW YOUR REAL ESTATE PORTFOLIO!** Welcome to 796 Elk Street, a renovation and investment opportunity in the City of Buffalo! This two-unit property offers 6 bedrooms and 2 full baths, with one unit currently rented, providing existing rental income while you explore the property's potential. With approximately 2,804 square feet, this multi-family property presents an opportunity for investors, contractors, or buyers looking to renovate and add value over time. Bring your vision and explore the possibilities to improve the property, enhance its appeal, and maximize its rental potential. An opportunity to build equity and expand your investment portfolio in Buffalo's established South Buffalo area. **796 Elk Street is an opportunity worth exploring!**

796 Elk Street, Buffalo

123 Imson Street, Buffalo
$199,000
6 Beds ⋅ 2 Baths ⋅ B1720037 MLS
Fantastic investment opportunity or perfect owner-occupant setup right in the heart of Buffalo’s highly requested 14210 zip code! This classic Buffalo double at 123 Imson St offers two spacious, independent units that are ready for tenants or for you to move right in and let the other unit pay your mortgage. Each unit features a great, functional layout with 3 bedrooms and 1 full bathroom. The upper unit has just been freshly painted and features its own private balcony—the perfect spot for outdoor relaxation or a place to unwind after a long day. You will love the major peace of mind here with updates already taken care of, including new windows installed throughout the entire house. The mechanics are solid too, boasting a brand new furnace from 2024, a new space heater in the upper unit added in 2022, and a brand new hot water tank installed in 2026. Head out back to find a fully fenced, beautifully maintained backyard that serves as a great private oasis for summer BBQs, kids, or pets. Whether you are looking to grow your rental portfolio with a solid, low-maintenance asset or trying to break into house hacking.

123 Imson Street, Buffalo

226 Miami Street, Buffalo
$215,000
3 Beds ⋅ 3 Baths ⋅ B1717485 MLS
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.

226 Miami Street, Buffalo

628 Fulton Street, Buffalo
$99,900
4 Beds ⋅ 2 Baths ⋅ B1709917 MLS
Investor opportunity in a great Buffalo location! This 4-bedroom, 2-bath double-family home is located just ¼ mile from vibrant Larkinville and offers excellent potential for an investor, contractor, or owner looking for a renovation project. The upper apartment offers an easier renovation, while the lower apartment has been taken down to the studs, providing a blank canvas for a complete rehab and the opportunity to design the space to your specifications. Situated on a double lot, the property offers valuable outdoor space and off-street parking, adding convenience and appeal for future tenants. The location puts you close to Larkinville, downtown Buffalo, restaurants, entertainment, employment centers, and major roadways. Whether you’re looking to rehab and hold, renovate and rent, or create a profitable investment property, 628 Fulton Street offers the space, location, and potential to make your vision a reality. Cash or rehab loan preferred. Property is being sold in its current condition. Bring your contractor and explore the possibilities! Highlights: • 4 bedrooms / 2 bathrooms • Two-family property • Upper apartment needs easier renovation • Lower apartment down to studs • Double lot • Off-street parking • Approximately ¼ mile to Larkinville • Excellent Buffalo location • Ideal rehab/investment opportunity • Cash or rehab financing preferred • Sold as-is

628 Fulton Street, Buffalo

531 S Park Avenue, Buffalo
$129,000
6 Beds ⋅ 2 Baths ⋅ B1683191 MLS
531 South Park Avenue, Buffalo, NY 14204 Competitively priced value add This is a classic two-family duplex (upper/lower) built in 1910 in Buffalo's First Ward neighborhood along South Park Avenue. The property offers a hefty 2,982 sq ft of living space on a 6,300 sq ft lot (0.14 acres), with separate utilities (boilers) typical for these older multi-family homes. Key highlights for investors:Upper unit is currently tenanted for $1200 per month— providing immediate rental income and cash flow from day one. Lower unit requires rehab — offering strong value-add potential through cosmetic and mechanical updates to bring it to market rents. Solid bones in a location near South Park, with access to Buffalo's revitalizing areas, public transit, and amenities. The neighborhood shows ongoing interest from investors in multi-family properties. Low property taxes (recent assessment around $140,000 total, with taxes historically modest at a few hundred dollars annually). This property suits a hands-on investor or rehabber looking for a turnkey partial cash-flow play with upside from stabilizing the lower unit. Once both units are fully renovated and leased, it could deliver attractive returns in Buffalo's rental market. Potential returns: Buffalo multi-family cap rates generally range 6–8%+ for value-add properties in this segment. Rents in the broader South Buffalo/First Ward area average ~$1,100–$1,600+ per unit for 2–3 bed setups (upper unit likely in that ballpark). Post-rehab, stabilized gross rents could approach $2,400–$3,200/month, supporting solid cash-on-cash once stabilized.

531 S Park Avenue, Buffalo

66 O Connell Avenue, Buffalo
$205,000
3 Beds ⋅ 2 Baths ⋅ B1667189 MLS
This newly constructed home features 3 bedrooms, 1.5 baths, and brand-new appliances—perfect for first-time buyers or those continuing their homeownership journey. Thoughtfully designed for modern living, the home offers comfort, efficiency, and a functional two-story layout. Located on a neighborhood street with convenient access to public transportation, this property provides both accessibility and a strong sense of community. PLEASE READ CAREFULLY: This is an income-restricted, owner-occupied opportunity. Buyers must meet program eligibility requirements including a gross household income of $81,960 or less, and total household assets of less than $100,000. This home is currently available on a first-come, first-served basis. The purchase price of $205,000 is fixed and is not negotiable. The first applicant who meets all eligibility requirements and submits required documentation will be given the opportunity to purchase the home. Taxes are estimated based on a $205,000 sale price and 2027 City of Buffalo and Erie County tax rates. Building Buffalo Roots is a public partnership between the City of Buffalo, Erie County, and the region’s LandBank (BENLIC), to build new homes on vacant lots – expanding homeownership opportunities & strengthening neighborhoods

66 O Connell Avenue, Buffalo