Three-Unit Residential Income
For Sale
$499,000
40 Princeton Pl, Orchard Park, NY 14127
Triplex with two driveways and a finished basement recreation setup, offering practical income and owner-occupant flexibility.
Days on Market51
Property Features for 40 Princeton Pl
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Built
1950
Listing Agency:
Exchange Real Estate
(716) 479-4622
Listed By:
Robert A Ploch · License #10311205945
(716) 479-4622
Source:
Elliman
Added: Jun 10
Changed: Jul 10
Last Checked: Jul 30 at 6:05AM
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 Exchange Real Estate
Investment Insights
Based on property information with market context.
This three-unit residential income property is configured as a triplex and includes a finished basement with two large recreation rooms and a full bathroom. With two driveways on-site, parking is designed to be convenient and reduce day-to-day friction for residents.
Located in Orchard Park, the home is described as within the Orchard Park School system. The provided area mobility scores indicate a somewhat walkable and somewhat bikeable setting.
The property is suited for an owner-occupant looking to live in one unit while generating rental income from the remaining units, or for investors seeking a straightforward triplex configuration. Please note the seller’s showing instructions: no showings until Friday, June 12 at 5:00 PM, and no negotiations until Tuesday, June 16 at 12:00 PM. Showings are limited to the listed open houses on Friday June 12 (5:00 PM–7:00 PM), Saturday June 13 (1:00 PM–3:00 PM), and Sunday June 14 (1:00 PM–3:00 PM).
Located in Orchard Park, the home is described as within the Orchard Park School system. The provided area mobility scores indicate a somewhat walkable and somewhat bikeable setting.
The property is suited for an owner-occupant looking to live in one unit while generating rental income from the remaining units, or for investors seeking a straightforward triplex configuration. Please note the seller’s showing instructions: no showings until Friday, June 12 at 5:00 PM, and no negotiations until Tuesday, June 16 at 12:00 PM. Showings are limited to the listed open houses on Friday June 12 (5:00 PM–7:00 PM), Saturday June 13 (1:00 PM–3:00 PM), and Sunday June 14 (1:00 PM–3:00 PM).
Key Highlights
- Three‑unit triplex built in 1950 with practical owner‑occupant and rental flexibility.
- Two driveways provide parking for residents.
- Finished basement includes two large recreation rooms for gatherings or additional living space.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
Explore this area
Business Placement
Demographics for 14127, NY
30,565
Population
13,412
Households
2.3
Avg Household Size
46
Median Age
53%
College-Educated
98%
High-School Grad
40.7 sq mi
ZIP Area
751
Density / Sq Mi
$106,071
Median Household Income
$59,902
Median Earnings
$1,196
Median Rent
$328,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with two driveways and a finished basement recreation setup, offering practical income and owner-occupant flexibility.
Where is this triplex located?
The property is located at 40 Princeton Pl Orchard Park, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three‑unit triplex built in 1950 with practical owner‑occupant and rental flexibility.; Two driveways provide parking for residents.; Finished basement includes two large recreation rooms for gatherings or additional living space.