36 Callodine Avenue, Amherst, NY 14226

Property Description

Exceptional investment opportunity in the highly sought-after Amherst School District! This spacious 3-unit multifamily offers over 3,300 square feet with a total of 6 bedrooms and 3 full bathrooms, making it an ideal addition to any investment portfolio or an excellent owner-occupant opportunity. The apartments have been tastefully updated with vinyl flooring, newer cabinetry, fresh paint, and other cosmetic improvements. The first-floor unit has just become vacant and is move-in ready, making showings a breeze and providing the new owner the flexibility to rent immediately at market rates or occupy the unit themselves. The first-floor unit was previously rented for $1,700/month, while the second-floor unit currently rents for $1,725/month. The third-floor unit is occupied by a friend of the owner and is currently paying below-market rent, presenting additional upside potential. The property features a full basement with 2 furnaces, 2 hot water tanks, and separate gas and electric meters, along with a detached 2-car garage. Ideally situated just minutes from the University at Buffalo South Campus, shopping, restaurants, public transportation, and the I-290 Thruway, this location continues to attract strong tenant demand. Whether you’re looking to expand your portfolio or live in one unit while collecting rental income from the others, this well-maintained property offers immediate cash flow with room for future growth. Don't miss this turn-key opportunity! Offers, if any, will be reviewed as they are received. Open House Saturday, 8/29/26, 11:00a-1:00p.