Duplex with Fenced
New
For Sale
$209,900
125 Wyoming Avenue, Buffalo, NY 14215
Two updated apartments include separate electrical panels and laundry hookups.
Property Size1,408 SF
Days on Market5
Property Features for 125 Wyoming Avenue
General Information
Standard status
Active
Size
1,408 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,073
Amenities
off-street parking
fully fenced backyard
separate laundry hook-ups
Building Details
Building Size
1,408 SF
Year Built
1940
Buildings
1
Listing Agency:
HUNT Real Estate ERA
Listed By:
William Abels · License #10301219347
(716) 465-3160
Source:
Highfallssir
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:30PM
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 HUNT Real Estate ERA
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Investment Insights
Based on property information with market context.
Built in 1940, this two-family property contains two apartments, each with two bedrooms and one bathroom. Interior work includes refreshed kitchens and bathrooms, hardwood flooring, and energy-efficient windows. Updated PEX plumbing serves the building, and each apartment has its own 100-amp electrical panel.
The basement has mechanical systems and separate laundry hookups. Outside, a long driveway provides off-street parking, while a fully fenced backyard offers additional outdoor space. ECMC is minutes away.
The basement has mechanical systems and separate laundry hookups. Outside, a long driveway provides off-street parking, while a fully fenced backyard offers additional outdoor space. ECMC is minutes away.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- Separate 100‑amp electrical panels for each unit
- Updated PEX plumbing and energy‑efficient windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,971
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,420
$279.4K
Cap Rate 7%
$199,586
$199.6K
Cap Rate 9%
$155,233
$155.2K
Market Conditions
NOI Build-Up for 1,408 SF
Gross rent
$21.1K $15.00/SF
− Vacancy
−$1.2K −$0.83/SF
EGI
$20.0K $14.17/SF
− OpEx
−$6.0K −$4.25/SF
NOI
$14.0K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,420
Cap Rate 7%
$199,586
Cap Rate 9%
$155,233
Alternative Uses
Best Use
Multifamily LT 5
$199.6K
$174.6K – $232.9K
NOI $13,971 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$183.8K
$160.9K – $214.5K
NOI $12,868 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$338.6K
$296.3K – $395.0K
NOI $23,702 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Explore this area
Business Placement
Demographics for 14215, NY
42,447
Population
19,203
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,843
Density / Sq Mi
$43,326
Median Household Income
$29,204
Median Earnings
$993
Median Rent
$102,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated apartments include separate electrical panels and laundry hookups.
Where is this duplex located?
The property is located at 125 Wyoming Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Separate 100‑amp electrical panels for each unit; Updated PEX plumbing and energy‑efficient windows
