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Key Details
Sold Price $130,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,619 sqft
Price per Sqft $80
MLS Listing ID B1611161
Sold Date 07/08/25
Style Duplex
Bedrooms 3
Full Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,183
Lot Size 3,650 Sqft
Acres 0.0838
Lot Dimensions 24X149
Property Sub-Type Duplex
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY! House Hacking Gold Mine in Buffalo! This well-positioned duplex at 318 14th Street presents an exceptional opportunity for investors and owner-occupants alike. Priced at $100,000 significantly below market value, this property offers immediate equity potential and strong income generation possibilities. The 1,619 sq ft duplex sits on a generous 0.0838-acre lot with wood frame construction and an 8-year-old tear-off roof. Separate utilities for each unit and N-2R zoning provide excellent investment fundamentals. The lower unit features 2 bedrooms and 1 bathroom with renovation opportunity, while the upper unit offers 1 bedroom, 1 bathroom with in-unit laundry including washer, dryer, refrigerator, stove, and microwave. Both units have forced air HVAC systems. Projected monthly rental income totals $2,400 with the lower unit at $1,400 and upper unit at $1,000, creating $28,800 annual gross income potential. This property is perfect for BRRRR strategy or house hacking where you can live in one unit while tenant income offsets mortgage costs. Infrastructure includes, 8 year old tear off roof, PEX supply lines, PVC/Steel waste lines, and circuit breaker electrical service. Annual taxes total $2,181.71 with solid bones and value-add opportunity in the lower unit. The upper unit can provide immediate rental income while renovations add value below. This turnkey investment property is ideal for first-time house hackers, experienced investors, or owner-occupants looking to offset housing costs. Showings begin Wednesday, June 4th. Open House Saturday, June 7th from 1:00-3:00 PM. Offers due Thursday, June 12th at 5:00 PM. Don't miss this rare opportunity to acquire a cash-flowing duplex at an exceptional price point!
Location
State NY
County Erie
Area Buffalo City-140200
Rooms
Basement Partial
Interior
Interior Features Pull Down Attic Stairs
Heating Gas, Forced Air
Flooring Carpet, Laminate, Luxury Vinyl, Varies
Fireplace No
Appliance Gas Water Heater
Laundry Washer Hookup
Exterior
Exterior Feature Fence
Fence Partial
Utilities Available Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Asphalt
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 Wood Siding,Copper Plumbing,PEX Plumbing
Construction Status Existing
Schools
School District Buffalo
Others
Senior Community No
Tax ID 140200-099-590-0004-006-000
Acceptable Financing Cash, Rehab Financing
Listing Terms Cash, Rehab Financing
Financing Cash
Special Listing Condition Standard
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Cher Brundage
Broker Associate | License ID: 30BR1121735
Broker Associate License ID: 30BR1121735




