41 Allegany Street, Buffalo, NY 14220

Buffalo
Local realty services provided by:HUNT Real Estate ERA
41 Allegany Street,Buffalo, NY 14220
$249,000
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 2,941 sq. ft.
  • Multi-family
  • Active
Listed by: thomas j mazzone, jill m dorr
Office: mls nation realty llc.
MLS#:B1726028
Source:NY_GENRIS

Price summary

  • Price:$249,000
  • Price per sq. ft.:$84.67

About this home

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...

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Home facts

  • Year built:1930
  • Subdivision & Development:Buffalo Crk Reservation
  • Listing ID #:B1726028
  • Added:12 day(s) ago
  • Updated:November 11, 2026 at 04:30 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Hardwood, Laminate, Varies
  • Basement:Yes
  • Basement Description:Full, Sump Pump
  • Living area:2,941 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas, Wall Furnace

Structure and exterior

  • Roof:Asphalt
  • Year built:1930
  • Building area:2,941 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Near Public Transit, Rectangular, Residential Lot
  • Architectural Style:Row House, Triplex
  • Construction Materials:Copper Plumbing, Wood Siding
  • Exterior Features:Balcony, Fence, Open, Porch
  • Foundation Description:Block, Poured

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$249,000
  • Price per sq. ft.:$84.67
  • Tax amount:$3,329

Features and amenities

  • Laundry features:Washer Hookup
  • Amenities:Balcony, Fence

Parking

  • Parking description:On Street

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