97 Merrimac ST, Buffalo, NY 14214
97 Merrimac ST, Buffalo, NY 14214
97 Merrimac ST, Buffalo, NY 14214
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$259,000
Est. payment /mo
9 Beds
3 Baths
2,250 SqFt
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Open House

Sun Oct 25, 1:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $115

MLS Listing ID B1718331

Style Duplex

Bedrooms 9

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,445

Lot Size 3,449 Sqft

Acres 0.0792

Lot Dimensions 30X115

Property Sub-Type Duplex

Property Description

Nine bedrooms, two spacious apartments, and a property ready to earn its keep. Whether you're looking to live in one unit while collecting rent from the other or put both to work as an investment, this substantial Buffalo two-family offers a combination of space and income potential that's hard to find. The lower apartment features five bedrooms, while the upper offers four, all spacious, legal bedrooms approved by the City of Buffalo. How often do you find that much room in a single apartment, let alone two under one roof?

With potential rental income approaching $4,000 per month, low City of Buffalo taxes, and a projected cap rate exceeding 12%, depending on actual income and expenses, this property gives buyers plenty to get excited about. A new driveway adds convenience, generous attic and basement storage keeps the living spaces free of clutter, and a full bathroom in the basement adds another practical bonus.

Close to the University at Buffalo, Main Street, and everyday amenities, the location strengthens an already compelling opportunity. For an owner occupant, imagine having rental income help carry your housing costs. For an investor, imagine two unusually spacious apartments working toward one impressive monthly return. Big on bedrooms, strong on potential, and ready for its next chapter, this is a property built to pull its weight.

Location

State NY

County Erie

Area Buffalo City-140200

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Hardwood, Tile, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Balcony

Utilities Available Sewer Connected, Water Connected

Waterfront Description Boat Ramp/Lift Access

Roof Type Asphalt

Porch Balcony

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Foundation Stone

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-079-460-0006-025-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard


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Listed by Keller Williams Realty WNY 716-292-8756

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97 Merrimac ST

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