Two-Home Residential Income
20 Malsch Street Buffalo, NY 14207
20 Malsch Street, Buffalo, NY, 14207
$265,000
Pending
For Sale
$265,000
Pending
MULTI_FAMILY - Buffalo, NY
Property Size2,314 SF
Lot Size0.22 Acres
Days on Market34
Property Features for 20 Malsch Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Basement, Bedroom 4
- Parking features
- Garage
- Window features
- Wood Frames
- Exterior features
- Fence, PrivateYard
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 140200-077-400-0003-019-000
- Size
- 2,314 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2431
Utilities
- Heating system
- Forced Air, Natural Gas, Baseboard, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1890
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Hardwood, Laminate, Vinyl, Varies
- Building materials
- VinylSiding
- Roof type
- Asphalt, Shingle
Listing Agency
WNY Metro Roberts Realty
(716) 668-2500
4721 Transit Road Suite 18, cheektowaga, NY
Listed by
Ruth Ann Gardner · License #30GA0653668
(716) 870-4915
Added: Jun 15 Checked: Jul 18 at 2:06 pm
MLS# B1691211
Listing URL
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 two-home residential income property features two separate homes on a single lot, offering a straightforward duplex-style configuration for investors or owner-occupants. The property includes off-street parking for residents and guests. Currently, one home is vacant, while the other is family occupied, with the occupied unit described as carrying low rent.
The property is located at 20 Malsch Street in Buffalo, NY 14207 (Erie County). Based on the provided remarks, the location is convenient to shopping and a bus route.
For a buyer seeking manageable multi-unit ownership, this arrangement can support a range of strategies, including collecting rent from the occupied home while preparing the vacant home for lease. The listing notes that market rents in the area are approximately $1,000 to $1,400, which may help guide underwriting and leasing expectations during future tenanting. If you’re evaluating a residential income purchase where at least one unit can be generating rent immediately, this property’s one-vacant/one-occupied structure and on-site parking are practical factors to consider.
The property is located at 20 Malsch Street in Buffalo, NY 14207 (Erie County). Based on the provided remarks, the location is convenient to shopping and a bus route.
For a buyer seeking manageable multi-unit ownership, this arrangement can support a range of strategies, including collecting rent from the occupied home while preparing the vacant home for lease. The listing notes that market rents in the area are approximately $1,000 to $1,400, which may help guide underwriting and leasing expectations during future tenanting. If you’re evaluating a residential income purchase where at least one unit can be generating rent immediately, this property’s one-vacant/one-occupied structure and on-site parking are practical factors to consider.
Key Highlights
- Two homes on one lot with off‑street parking
- One home is vacant; the other is family‑occupied with low rent
- Built in 1890 with vinyl siding and an asphalt shingle roof
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 | $34.7k | $15.00 |
| − Vacancy | −$1.9k | −$0.83 |
| EGI | $32.8k | $14.17 |
| − OpEx | −$9.8k | −$4.25 |
| NOI | $23.0k | $9.92 |
2,314 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$328.0K
$287.0K – $382.7K
NOI $22,961 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$302.1K
$264.4K – $352.5K
NOI $21,148 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$556.5K
$486.9K – $649.2K
NOI $38,953 @ 7.0% cap · market cap 14.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A two-home, one-lot setup with off-street parking and one unit already occupied for immediate income potential.
Where is this duplex located?
The property is located at 20 Malsch Street Buffalo, NY.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two homes on one lot with off‑street parking; One home is vacant; the other is family‑occupied with low rent; Built in 1890 with vinyl siding and an asphalt shingle roof
