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Duplex with Large Yard

337 Mystic Street Buffalo, NY 14220

337 Mystic Street, Buffalo, NY, 14220
$189,000
For Sale
Claim this Listing
$189,000

MULTI_FAMILY - Buffalo, NY

Property Size1,380 SF
Lot Size0.08 Acres
Price / SF$136.96
AddedJul 8
Days on Market8
Last RefreshJul 15 at 5:06 am

Property Features for 337 Mystic Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Basement, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Garage
Patio and Porch features
Porch
Exterior features
FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Active
APN
140200-123-770-0006-010-000
Size
1,380 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Annual Amount
2950

Utilities

Heating system
Natural Gas, Forced Air, Space Heater
Water source
Public

Building Details

Year built
1900
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile, Laminate, Varies, Vinyl
Building materials
VinylSiding
Roof type
Shingle

Listing agent Ocairis Echevarria License #10401388532

Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY

Listing date Jul 8, 2026

MLS# B1697202 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 duplex includes two separate residential units on a single property. The first-floor apartment features a large living room, a dining area, an eat-in kitchen, a tiled full bathroom, and three bedrooms. The upper apartment offers a large living room, an eat-in kitchen, two bedrooms, and a large full bathroom. Both apartments are currently rented. Outside, the property sits on a double lot with a huge yard, providing outdoor space that can support everyday tenant use.

The property is located at 337 Mystic Street in Buffalo, NY 14220, in Erie County. With its compact lot size and two-lot configuration, the home is designed to balance practical interior living space with access to additional yard area.

For buyers looking for a turn-key residential income setup, this property provides two units with defined bedroom counts and established tenancy, which can simplify operational planning. The interior layouts—each with dedicated living space, kitchens, and full bathrooms—may appeal to tenants seeking more room within a duplex setting, while the large yard adds an extra functional asset for occupants.

Key Highlights

  • Multi‑family home with two apartments; both units are rented
  • Double lot with a huge yard and fully fenced exterior
  • Year built 1900 with vinyl siding and a 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 $20.7k $15.00
− Vacancy −$1.1k −$0.83
EGI $19.6k $14.17
− OpEx −$5.9k −$4.25
NOI $13.7k $9.92
1,380 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$195.6K
$171.2K – $228.2K (±1% cap)
NOI $13,693 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$180.2K
$157.7K – $210.2K (±1% cap)
NOI $12,612 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$331.9K
$290.4K – $387.2K (±1% cap)
NOI $23,230 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Spa & Massage Center Hair Salon Nail Salon Computer & Electronic Repair (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - A duplex with two rented apartments and a large yard, offering straightforward residential income use in Buffalo.
Where is this duplex located?
The property is located at 337 Mystic Street Buffalo, NY.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Multi‑family home with two apartments; both units are rented; Double lot with a huge yard and fully fenced exterior; Year built 1900 with vinyl siding and a shingle roof
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More about this property
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