203 Auburn AVE, Buffalo, NY 14213
203 Auburn AVE, Buffalo, NY 14213
203 Auburn AVE, Buffalo, NY 14213
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$225,000
Est. payment /mo
5 Beds
4,739 SqFt
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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,739 sqft

Price per Sqft $47

MLS Listing ID B1710263

Bedrooms 5

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $6,749

Lot Size 3,310 Sqft

Acres 0.076

Lot Dimensions 36X92

Property Sub-Type Other

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 !

Location

State NY

County Erie

Area Buffalo City-140200

Direction Grant St to Auburn.

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Varies, Vinyl

Fireplace No

Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator, See Remarks

Exterior

Community Features Other, See Remarks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt

Garage No

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-099-260-0006-008-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


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Listed by Iconic Real Estate

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203 Auburn AVE