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    Two-Family Home with Separate Utilities Title is generated by Realmo AI

    66 Grandview Ave, Buffalo, NY 14223

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    For Sale
    $249,900

    MULTI_FAMILY - Other - Buffalo, NY

    Property size:
    1,968 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $126/SF
    Added:
    Jun 22, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 29 at 11:06 pm

    Property Features for 66 Grandview Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Basement
    Window features
    Drapes
    Interior features
    CeilingFans, WindowTreatments
    Exterior features
    Fence, PrivateYard
    Fencing
    Fenced
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    146489-079-310-0001-004-000
    Size
    1,968 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5452

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1926
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Marble, Varies
    Building materials
    VinylSiding, CopperPlumbing
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Contact an agent
    Linnea F. Muller
    Linnea F. Muller

    Listing agent Linnea F. Muller License #10401347349

    Listing office Empire Realty Group 2112 Empire Boulevard, Ste. 4B, Webster, NY

    Listing date Jun 22, 2026

    MLS# R1690955 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.

    HighLights

    • Owner‑occupied two‑family home built in 1926 with 2 bedrooms and 1 full bath in each unit
    • Separate utilities and shared basement laundry facilities for each unit
    • Recent updates include new stainless steel appliances, luxury vinyl plank flooring, updated lighting and ceiling fans
    • Exterior includes fenced yard and private yard, plus a long driveway for ample off‑street parking
    • Basement improvements include glass block windows, new sump pump, and a bubbler drainage system connected to municipal storm infrastructure
    • New hot water tanks and forced‑air natural gas heating; roof is asphalt and includes public water

    Overview

    This well-maintained, owner-occupied two-family home offers two spacious units, each featuring 2 bedrooms and 1 full bath. The property is set up with separate utilities for each unit and includes laundry facilities located in the basement. Recent updates include new stainless steel appliances, luxury vinyl plank flooring, updated lighting and ceiling fans, new bathroom faucets, and new front and side entry doors with screen doors. Improvements also include a new front deck, new hot water tanks, a new sump pump, glass block basement windows, and a bubbler drainage system connected to municipal storm infrastructure.

    The home is located at 66 Grandview Ave in Buffalo, NY 14223, within a short distance of Metro Rail access and NFTA bus routes. It is also positioned near University at Buffalo South Campus and several major hospitals, with nearby shopping, restaurants, parks, and other local amenities.

    For owner-occupants, the upper unit is currently owner-occupied and well maintained, while the lower unit is occupied by a long-term tenant who will be vacating on 8/15/2026. The property’s separate utilities, basement laundry, and driveway off-street parking make it a practical fit for tenants and buyers seeking flexibility between living space and rental income.

    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 $29.5k $15.00
    − Vacancy −$1.6k −$0.83
    EGI $27.9k $14.17
    − OpEx −$8.4k −$4.25
    NOI $19.5k $9.92
    1,968 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $279.0K
    $244.1K – $325.5K (±1% cap)
    NOI $19,527 @ 7.0% cap · market cap 7.81%
    Second Best
    Apartment 5plus
    $256.9K
    $224.8K – $299.8K (±1% cap)
    NOI $17,986 @ 7.0% cap · market cap 7.20%
    Theoretical Best
    Office A
    $473.3K
    $414.1K – $552.2K (±1% cap)
    NOI $33,129 @ 7.0% cap · market cap 13.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.825181
    Latitude
    42.960229

    FAQs

    What type of property is this?
    Duplex - Owner-occupied two-family duplex with two bedrooms per unit, separate utilities, and off-street parking.
    Where is this duplex located?
    The property is located at 66 Grandview Ave Buffalo, NY.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Owner‑occupied two‑family home built in 1926 with 2 bedrooms and 1 full bath in each unit; Separate utilities and shared basement laundry facilities for each unit; Recent updates include new stainless steel appliances, luxury vinyl plank flooring, updated lighting and ceiling fans
    More about this property
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