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Renovated Multifamily Near UB South

462 Berkshire Avenue Buffalo, NY 14215

462 Berkshire Avenue, Buffalo, NY, 14215

$199,900

Pending

For Sale

$199,900

Pending

MULTI_FAMILY - Other - Buffalo, NY

Property Size1,796 SF

Lot Size0.08 Acres

AddedAug 9, 2025

Days on Market341

Last RefreshJul 15 at 5:06 am

Property Features for 462 Berkshire Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 2
Rooms: Bathroom 1, Basement, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Appliances: GasWaterHeater
Standard status: Pending
APN: 140200-079-810-0006-021-000
Size: 1,796 SF
Lot size: 0.08 Acres

Taxes and HOA fees

Tax Annual Amount: 877

Utilities

Heating system: Natural Gas, Forced Air
Water source: Public

Building Details

Year built: 1925
Floors in Building: 2
Number of units: 2
Flooring type: Vinyl
Building materials: AluminumSiding
Architectural style: Other

Listing agent Syed J Rizvi License #10401279412

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

Listing date Aug 9, 2025

MLS# B1629400 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 multifamily property is located near the South Campus of the University at Buffalo. The building is a renovated 2/2 duplex with maintained mechanics. The lower unit is vacant and the upper unit is tenant-occupied, with the tenant currently paying $900 per month. Both units feature two bedrooms, a living-dining combo, a kitchen, and a full bathroom. The property includes a full basement, circuit breaker electric system, a driveway, and a backyard. The lot size is 0.0758 acres and the property size is 1796 square feet.

Key Highlights

2‑unit multifamily house near the University at Buffalo South Campus
Upper unit is tenant occupied with rent of $900/month; lower unit is vacant
Lower unit features 2 bedrooms with a living‑dining combo, kitchen, and full bathroom

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$26.9k	$15.00
− Vacancy	−$1.5k	−$0.83
EGI	$25.5k	$14.17
− OpEx	−$7.6k	−$4.25
NOI	$17.8k	$9.92

1,796 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$254.6K

$222.8K – $297.0K (±1% cap)

NOI $17,821 @ 7.0% cap · market cap 8.91%

Second Best

Apartment 5plus

$234.5K

$205.2K – $273.6K (±1% cap)

NOI $16,414 @ 7.0% cap · market cap 8.21%

Theoretical Best

Office A

$431.9K

$377.9K – $503.9K (±1% cap)

NOI $30,233 @ 7.0% cap · market cap 15.12%

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

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For sale
Duplexes
NY
Buffalo
14215
462 Berkshire Avenue

What type of property is this?

Duplex - Well-maintained, renovated duplex near University at Buffalo South Campus.

Where is this duplex located?

The property is located at 462 Berkshire Avenue Buffalo, NY.

What is the asking price?

The asking price for this property is $199,900.

What are key features of this property?

This property features: 2‑unit multifamily house near the University at Buffalo South Campus; Upper unit is tenant occupied with rent of $900/month; lower unit is vacant; Lower unit features 2 bedrooms with a living‑dining combo, kitchen, and full bathroom

462 Berkshire Avenue Buffalo, NY 14215

MULTI_FAMILY - Other - Buffalo, NY

Property Features for 462 Berkshire Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Brick Industrial Building with Light Well

Flex Office/Warehouse with Drive-In Doors

Historic French Chateau Live-Work Estate

Historic French Chateau Live-Work Estate

Multi-Unit Office Building with Pylon Signage

Turnkey Restaurant on Main Street

Auto Repair and Collision Shop

Restaurant and Bar Building Opportunity

Five-Unit Mixed-Use Commercial Building

Accessible Two-Story Office Building

Restaurant and Warehouse Property

Mixed-Use Building with Medical Space

FAQs