203 Auburn Avenue, Buffalo, NY 14213

$225,000
5
BD
4,739
SqFt

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List Price
$225,000
Status
ACTIVE
MLS#
B1710263
Price Change
▼ $25,000 1788392203
Year Built
1910
Stories
3
Bedrooms
5
Acres
0.08
Living Area
4,739
Region
Buffalo City

Property Description

Ready, set, invest. Seize this exceptional, fully stabilized 5-unit multi-family asset located in one of Buffalo’s most resilient and high-demand rental pockets. Engineered for immediate cash flow, this turnkey offering delivers the rare trifecta of strength, scale, and a projected 10%+ cap rate. Property Highlights & Capital Improvements: Wrapped in low-maintenance vinyl siding, ensuring long-term curb appeal and reduced exterior upkeep costs. Features a newer architectural roof, offering peace of mind and substantial capital preservation for years to come. Solid, well-maintained mechanicals tailored to stand up to tenant turnover and the Western New York climate. Turnkey Operations: Fully optimized for immediate onboarding—generate revenue from day one. Buffalo continues to rank as a premier Midwest/Rust Belt market for savvy real estate investors, driven by robust renter demand, affordable entry points, and strong yields. Cap Rate: Approaching 10% at current market rents, making this a powerhouse addition to any scaling or cash-flowing portfolio. A rare 5-unit configuration that maximizes income potential while remaining manageable for remote or local management teams. Owner pays most utilities. Equal Housing Opportunity !

Additional Information

Taxes
$6,749
School District
Buffalo
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Iconic Real Estate. Contact: