189 Wabash Avenue Buffalo, NY 14217
MULTI_FAMILY - Other - Buffalo, NY
Property Features for 189 Wabash Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
- Parking features
- Garage, Open, On Street
- Patio and Porch features
- Deck
- Exterior features
- Balcony, Deck, Fence
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 146401-066-770-0003-023-000
- Size
- 1,909 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6514
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile, Varies
- Building materials
- VinylSiding, PexPlumbing
- Architectural style
- Other
Listing agent Robert Grochowski License #10401330211 (716) 574-2553
Listing office WNY Metro Roberts Realty 4721 Transit Road Suite 18, cheektowaga, NY (716) 668-2500
Listing date Jul 14, 2026
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.
The property features a long driveway and a two-car garage, providing off-street parking. It is close to local bus routes and Elmwood Avenue, with convenient access to the city and nearby suburbs.
The home totals approximately 1,909 square feet. Showings begin at the open house on Sunday, July 19, from 11:00 AM to 1:00 PM.
Key Highlights
- Two‑family home with long‑term tenants in place
- Roof fully replaced in 2020 and balcony rubber roof replaced in 2024
- Both furnaces replaced in 2020; heating includes forced air with natural gas
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 | $28.6k | $15.00 |
| − Vacancy | −$1.6k | −$0.83 |
| EGI | $27.1k | $14.17 |
| − OpEx | −$8.1k | −$4.25 |
| NOI | $18.9k | $9.92 |
