Well-Maintained Two-Family
66 California Street Buffalo, NY 14213
For Sale
$174,900
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size1,600 SF
Lot Size0.04 Acres
Days on Market94
Property Features for 66 California Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking features
Driveway, On Street
Patio and Porch features
Porch
Interior features
Storage, NaturalWoodwork
Exterior features
FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Pending
APN
140200-099-420-0003-012-000
Size
1,600 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
1439
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1917
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Hardwood, Varies
Building materials
AluminumSiding, CopperPlumbing
Roof type
Asphalt
Architectural style
Other
Additional Structures
Storage
Listing Agency:
WNY Metro Roberts Realty
(716) 875-2211
Listed By:
Barbara J Castillo · License #10401243077
(716) 597-3690
Added: Apr 28
Changed: Jul 28
Last Checked: Jul 30 at 2:06AM
MLS# B1674652
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 well-maintained two-family home is situated on a desirable corner lot, offering abundant light and natural hardwood throughout. Each unit features 2 bedrooms and 1 full bath, a layout suitable for consistent rental demand and easy management. The lower unit is currently occupied by a reliable long-term tenant, providing immediate rental income. The vacant upper unit, equipped with appliances, is move-in ready for either owner occupancy or additional income. Additional features include a large basement, a spacious attic, and a fully fenced yard suitable for pets and gardening. The property is conveniently located near the Niagara Street revitalization and the vibrant 5 Points area, making it well-positioned for both homeowners and investors. Recent updates include a roof replacement in 2018, a new gas line installed in 2021, a hot water tank installed in 2025, and substantial plumbing upgrades. With low taxes and solid mechanicals, this property presents a stable, turnkey opportunity in a desirable neighborhood. The property size is 1600 square feet and the lot size is 0.0402 acres.
Key Highlights
- Two‑family home built in 1917 with natural hardwood flooring and storage space
- Each unit has 2 bedrooms and 1 full bath, plus a basement and spacious attic
- Fully fenced yard with porch; includes on‑street parking and driveway access
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 | $24.0k | $15.00 |
| − Vacancy | −$1.3k | −$0.83 |
| EGI | $22.7k | $14.17 |
| − OpEx | −$6.8k | −$4.25 |
| NOI | $15.9k | $9.92 |
1,600 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$226.8K
$198.5K – $264.6K
NOI $15,876 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$208.9K
$182.8K – $243.7K
NOI $14,623 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$384.8K
$336.7K – $448.9K
NOI $26,934 @ 7.0% cap · market cap 15.40%
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 - Two-family home near Niagara Street revitalization and 5 Points area.
Where is this duplex located?
The property is located at 66 California Street Buffalo, NY.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Two‑family home built in 1917 with natural hardwood flooring and storage space; Each unit has 2 bedrooms and 1 full bath, plus a basement and spacious attic; Fully fenced yard with porch; includes on‑street parking and driveway access
