723 Kensington Avenue, Buffalo, NY 14215
Local realty services provided by:ERA Team VP Real Estate
723 Kensington Avenue,Buffalo, NY 14215
$174,999
- 6 Beds
- 2 Baths
- 2,426 sq. ft.
- Multi-family
- Pending
Listed by: tracy ann parke gibas
Office: howard hanna wny inc.
MLS#:B1691061
Source:NY_GENRIS
Price summary
- Price:$174,999
- Price per sq. ft.:$72.13
About this home
723 Kensington Ave in the 14215 presents a rare opportunity for both investors & owner-occupants to secure a property with immediate income, long-term upside, & exceptional value. This solid 3/3 double offers the perfect combination of stability & future growth, featuring a long-term lower tenant of more than 20 years who pays $550 per month plus utilities. While providing reliable income from day one, the current rent is well below today's market rates for a three-bedroom apartment, creating a clear value-add opportunity for investors seeking increased cash flow & stronger returns over time. For owner-occupants, this property offers an ideal house-hacking opportunity. Live comfortably in the bright & spacious upper unit while rental income from the lower apartment helps offset a significant portion of your monthly mortgage payment. It's an excellent way to build equity while enjoying the benefits of homeownership at a reduced cost. The home itself is loaded with desirable features, including separate utilities, high ceilings, updated windows in the upper unit, a full basement w/ laundry hookup for each apartment, & a walk-up attic that offers tremendous potential for additional storage, or future improvements. Outside, the large front porch provides a welcoming space to relax, while the rare off-street parking for three or more vehicles adds convenience & value! Situated near the Kensington & Bailey Avenue corridors, the property offers easy access to shopping, dining, public transportation, schools, & everyday conveniences. It's just minutes from major employers & institutions, including ECMC, & Buffalo Niagara International Airport, helping support strong rental demand & long-term investment potential. Buffalo's affordable housing market, steady population growth, & continued investment throughout the city have made multi-family properties like this increasingly attractive. Whether you're looking to add a cash-flowing asset to your portfolio, generate wealth through rental income, or purchase a home that helps pay for itself, this delivers. Immediate income, significant upside potential, desirable property features, & a convenient location, Here's YOUR VAULE!...
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Home facts
- Year built:1915
- Listing ID #:B1691061
- Added:66 day(s) ago
- Updated:August 23, 2026 at 07:49 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Laminate, Tile, Varies
- Basement:Yes
- Basement Description:Full
- Living area:2,426 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1915
- Building area:2,426 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Near Public Transit, Rectangular
- Architectural Style:Duplex
- Construction Materials:Composite Siding, Copper Plumbing
- Exterior Features:Balcony
- Foundation Description:Stone
- Levels:3 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$174,999
- Price per sq. ft.:$72.13
- Tax amount:$2,149
Features and amenities
- Amenities:Balcony
Parking
- Parking description:Gravel Driveway, Paved
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