Three-Bedroom Lower Duplex
39 Balbach Drive Buffalo, NY 14225
For Sale
$260,000
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size1,593 SF
Lot Size0.15 Acres
Days on Market102
Property Features for 39 Balbach Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1, Basement, Bedroom 4, Bedroom 1, Bedroom 3
Parking features
Open, Garage
Interior features
Storage
Exterior features
Fence
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Pending
APN
143089-091-070-0007-005-000
Size
1,593 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
5941
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1963
Floors in Building
1
Number of units
2
Flooring type
Varies, Hardwood, Laminate
Building materials
Brick, VinylSiding, CopperPlumbing
Roof type
Asphalt
Architectural style
Other
Additional Structures
Storage
Listing Agency:
MJ Peterson Real Estate Inc.
(716) 689-7800
Listed By:
Gerald M Strobel · License #40ST0834232
(716) 866-4564
Added: Apr 20
Changed: Jul 28
Last Checked: Jul 30 at 2:06AM
MLS# B1674752
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 offers two separate units within a single residential structure. The upper unit includes an eat-in kitchen and living room with hardwood-style flooring, two bedrooms, and a large storage closet, along with some updated windows. The lower unit features three bedrooms, a large kitchen, and a large living room. A full basement provides laundry facilities, and the property includes a two-car garage and yard space.
The home is located on a quiet street in the Maryvale school district in Buffalo, NY. The property sits on a 0.15-acre lot.
This configuration can fit owners seeking a multi-unit residential property with in-home separation between the upper and lower living spaces, as well as practical amenities such as basement laundry and covered parking. Included items noted in the remarks include refrigerator and AC units for the upper unit, appliances for the lower unit, and the washer and dryer in the basement, which may simplify move-in or turnover planning.
The home is located on a quiet street in the Maryvale school district in Buffalo, NY. The property sits on a 0.15-acre lot.
This configuration can fit owners seeking a multi-unit residential property with in-home separation between the upper and lower living spaces, as well as practical amenities such as basement laundry and covered parking. Included items noted in the remarks include refrigerator and AC units for the upper unit, appliances for the lower unit, and the washer and dryer in the basement, which may simplify move-in or turnover planning.
Key Highlights
- 3/2 multifamily home with upper and lower units on a quiet street in the Maryvale school district
- Upper unit features an eat‑in kitchen and living room with hardwood floors, plus two bedrooms with hardwood floors
- Lower unit includes three bedrooms, a large kitchen, and a large living room
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 | $23.9k | $15.00 |
| − Vacancy | −$1.3k | −$0.83 |
| EGI | $22.6k | $14.17 |
| − OpEx | −$6.8k | −$4.25 |
| NOI | $15.8k | $9.92 |
1,593 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$225.8K
$197.6K – $263.5K
NOI $15,807 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$208.0K
$182.0K – $242.7K
NOI $14,559 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$383.1K
$335.2K – $446.9K
NOI $26,816 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with an updated-window upper unit and a three-bedroom lower unit, plus basement laundry, garage, and yard space.
Where is this duplex located?
The property is located at 39 Balbach Drive Buffalo, NY.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 3/2 multifamily home with upper and lower units on a quiet street in the Maryvale school district; Upper unit features an eat‑in kitchen and living room with hardwood floors, plus two bedrooms with hardwood floors; Lower unit includes three bedrooms, a large kitchen, and a large living room
