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    Elmwood Village Classic Buffalo Double Title is generated by Realmo AI

    122 SAINT JAMES PL, Buffalo, NY 14222

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    For Sale
    $475,000

    Charming two-family home in a vibrant, high-demand location.

    Type:Multi-Family
    Property size:
    2,926 SF
    Price / SF:
    $162/SF
    Added:
    Feb 21, 2026
    Days on Market:
    135
    Last Refresh:
    May 12 at 8:47 pm

    Property Features for 122 SAINT JAMES PL

    General Information

    Standard status
    Active
    Size
    2,926 SF
    Property subtype
    Multi-Family

    Building Details

    Year Built
    1907

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    Michael Boland
    Michael Boland

    Listing office Howard Hanna WNY Inc.

    Listing date Feb 21, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna WNY Inc.

    HighLights

    • Prime Elmwood Village location, steps from Elmwood Avenue's shops, cafes, and restaurants.
    • Classic Buffalo double offering flexibility for owner‑occupants or investors.
    • Spacious units with generous living and dining rooms and ample natural light.
    • Original woodwork, classic moldings, and hardwood floors throughout.
    • Separate entrances for privacy and convenience in both units.
    • Minutes from cultural institutions, parks, and downtown Buffalo, offering walkability and lifestyle.

    Overview

    Located in the Elmwood Village neighborhood of Buffalo, this two-family home offers a blend of charm and convenient location near Elmwood Avenue's boutiques, cafes, galleries, and restaurants. The property features an inviting facade and architectural details reflecting the area's history. Each unit includes living and dining rooms, large windows for natural light, and layouts designed for comfortable living. Original woodwork, classic moldings, and hardwood floors add warmth throughout. The upper and lower units provide ample space, while separate entrances ensure privacy. The property is located minutes from cultural institutions, parks, and downtown Buffalo. The property contains 2,926 square feet and is suitable for owner-occupants looking to offset their mortgage with rental income or investors seeking a property in a high-demand area.

    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 $43.9k $15.00
    − Vacancy −$2.4k −$0.83
    EGI $41.5k $14.17
    − OpEx −$12.4k −$4.25
    NOI $29.0k $9.92
    2,926 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $414.8K
    $362.9K – $483.9K (±1% cap)
    NOI $29,033 @ 7.0% cap · market cap 6.11%
    Second Best
    Apartment 5plus
    $382.0K
    $334.3K – $445.7K (±1% cap)
    NOI $26,742 @ 7.0% cap · market cap 5.63%
    Theoretical Best
    Office A
    $703.6K
    $615.7K – $820.9K (±1% cap)
    NOI $49,255 @ 7.0% cap · market cap 10.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Electrical Service Acupuncture Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Travel Agency Mobile Phone Store Coworking & Hybrid Office Pet Store Auto Parts Store Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8738058
    Latitude
    42.9211778

    FAQs

    What type of property is this?
    Duplex - Charming two-family home in a vibrant, high-demand location.
    Where is this duplex located?
    The property is located at 122 SAINT JAMES PL Buffalo, NY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Prime Elmwood Village location, steps from Elmwood Avenue's shops, cafes, and restaurants.; Classic Buffalo double offering flexibility for owner‑occupants or investors.; Spacious units with generous living and dining rooms and ample natural light.
    More about this property
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