Buffalo West Side Multi-Unit
104 Claremont Avenue Buffalo, NY 14222
104 Claremont Avenue, Buffalo, NY, 14222
$475,000
Pending
For Sale
$475,000
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size3,488 SF
Lot Size0.09 Acres
Days on Market67
Property Features for 104 Claremont Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 1, Bedroom 8, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 3
- Parking features
- Driveway, On Street
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 140200-089-690-0001-012-000
- Size
- 3,488 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4192
Utilities
- Heating system
- Baseboard, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile, Varies, Vinyl, Hardwood
- Building materials
- Cedar, WoodSiding
- Architectural style
- Other
Listing agency
WNY Metro Roberts Realty
(716) 891-1710
Listed by
Corey Mentel · License #10401347791
(716) 536-9779
Added: May 18 Updated: Jul 7 at 10:34AM Checked: Jul 23 at 3:06AM
MLS# B1680255
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This owner-occupied 3-unit property is located in the heart of Buffalo's vibrant West Side. The property has been meticulously maintained throughout ownership, reflecting pride of ownership with thoughtful recent updates, while preserving the timeless character and architectural charm. The lower unit was owner-occupied for years and has recently undergone extensive updates, including a bathroom remodel and updated kitchen with new appliances. The third unit has also been fully renovated, offering modern finishes, natural light, views and turnkey convenience. Additional improvements blend seamlessly with the home's original charm and character. Each unit includes individual laundry. The property features spacious layouts, a full basement, and a partially fenced-in backyard. Its prime location near Elmwood Village, local restaurants, parks, shopping, and major thruways makes this an outstanding opportunity for both investors and owner-occupants. The property size is 3488 square feet and the lot size is 0.093 acres.
Key Highlights
- Owner‑occupied 3‑unit property on Buffalo’s West Side with multiple bedrooms and three bathrooms
- Lower unit recently updated, including a bathroom remodel and an updated kitchen with brand‑new appliances
- Third unit fully renovated with modern finishes and individual laundry in the unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.3k | $15.00 |
| − Vacancy | −$2.9k | −$0.83 |
| EGI | $49.4k | $14.17 |
| − OpEx | −$14.8k | −$4.25 |
| NOI | $34.6k | $9.92 |
3,488 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$494.4K
$432.6K – $576.8K
NOI $34,610 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$455.4K
$398.5K – $531.3K
NOI $31,878 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$838.8K
$734.0K – $978.6K
NOI $58,716 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Professionally managed, updated 3-unit near Elmwood Village.
Where is this triplex located?
The property is located at 104 Claremont Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Owner‑occupied 3‑unit property on Buffalo’s West Side with multiple bedrooms and three bathrooms; Lower unit recently updated, including a bathroom remodel and an updated kitchen with brand‑new appliances; Third unit fully renovated with modern finishes and individual laundry in the unit
