81 Aldrich Place, Buffalo, NY 14220
Local realty services provided by:HUNT Real Estate ERA
81 Aldrich Place,Buffalo, NY 14220
$159,000
- 5 Beds
- 2 Baths
- 2,016 sq. ft.
- Multi-family
- Active
Listed by: alan findlay
Office: blue eagle realty corp.
MLS#:B1682056
Source:NY_GENRIS
Price summary
- Price:$159,000
- Price per sq. ft.:$78.87
About this home
81 Aldrich Place, Buffalo, NY 14220
South Buffalo 2-Family Cash Flow Opportunity – Upper 2-Bed+1study+utility room Unit needs some rehab. Lower is rented.
Located on a quiet, well-maintained street in desirable South Park / South Buffalo, this classic 2-unit multifamily (approx. 2,016 sq ft total) offers immediate income upside with the upper 2-bedroom unit currently vacant. The lower unit is a spacious 3-bedroom with updates including kitchen, bath, and first-floor laundry, plus a large living room and big backyard.
Key Investment Highlights:Strong Rental Demand: South Buffalo continues to see steady rental growth with median rents around $1,250–$1,300/month in the neighborhood. A well-presented upper 2-bed can realistically target $1,000–$1,300/month, while the lower 3-bed supports similar or higher pricing, delivering potential gross rents of $2,200–$2,600+/month once stabilized.
Immediate Cash Flow Potential: Vacant upper unit means you can lease it quickly and start collecting rent right away — perfect for investors seeking low vacancy and fast ROI. Affordable Entry + Appreciation: South Buffalo remains one of Buffalo’s most accessible neighborhoods for investors, with solid long-term value growth driven by community strength, proximity to parks, South Park Avenue amenities, and the city’s broader revitalization. Buffalo’s rental market stays resilient with consistent demand from local workers, families, and newcomers.
Low-Maintenance Character Home: Built in 1901 with classic Buffalo double features — separate entrances, yard space, and room for cosmetic/value-add updates that can boost rents and equity quickly.
Whether you’re looking for a house hack, portfolio addition, or strong cash-flowing asset with sweat-equity upside, 81 Aldrich Place delivers a low-barrier entry into a proven Buffalo rental market. Quiet street, established neighborhood, and one unit ready to occupy = reduced holding costs and quicker stabilization....
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Home facts
- Year built:1901
- Listing ID #:B1682056
- Added:74 day(s) ago
- Updated:August 13, 2026 at 03:07 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Varies
- Basement:Yes
- Basement Description:Full
- Living area:2,016 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Year built:1901
- Building area:2,016 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Rectangular, Residential Lot
- Construction Materials:Vinyl Siding
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$159,000
- Price per sq. ft.:$78.87
- Tax amount:$2,926
Parking
- Parking description:No Driveway
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