Duplex with Rear
131 Chamberlin Dr West Seneca, NY 14210
New
For Sale
$285,000
Well-maintained brick two-family duplex built in 1950 with a rear addition and whole-house generator hookup.
Days on Market3
Property Features for 131 Chamberlin Dr
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1950
Listing Agency:
WNY METRO ROBERTS REALTY
(716) 907-6854
Listed By:
Michael Matyjasik · License #10401295685
(716) 907-6854
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 11:49PM
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 WNY METRO ROBERTS REALTY
Investment Insights
Based on property information with market context.
A well-maintained two-family brick duplex built in 1950, offering flexible living arrangements for an investor or owner-occupant. The property includes a rear addition that provides extra living space, along with whole-house generator hook ups for added peace of mind. Newer windows are featured throughout, including 2nd floor triple pane windows.
Additional updates include hot water tanks installed in 2021, a garage roof replaced in 2020, and a garage side door installed in 2011. The exterior is maintained, and the extra-long driveway provides ample off-street parking.
Showings begin 07/29 9AM, with offers due Tuesday 08/04 12PM. BikeScore is 65 and walkScore is 68, with transitScore of 38.
Additional updates include hot water tanks installed in 2021, a garage roof replaced in 2020, and a garage side door installed in 2011. The exterior is maintained, and the extra-long driveway provides ample off-street parking.
Showings begin 07/29 9AM, with offers due Tuesday 08/04 12PM. BikeScore is 65 and walkScore is 68, with transitScore of 38.
Key Highlights
- Two‑family brick duplex built in 1950
- Rear addition provides extra living space
- Whole‑house generator hookup
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 | $31.4k | $15.00 |
| − Vacancy | −$1.7k | −$0.83 |
| EGI | $29.7k | $14.17 |
| − OpEx | −$8.9k | −$4.25 |
| NOI | $20.8k | $9.92 |
2,094 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$296.8K
$259.7K – $346.3K
NOI $20,778 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$273.4K
$239.2K – $319.0K
NOI $19,138 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$503.6K
$440.6K – $587.5K
NOI $35,250 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained brick two-family duplex built in 1950 with a rear addition and whole-house generator hookup.
Where is this duplex located?
The property is located at 131 Chamberlin Dr West Seneca, NY.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑family brick duplex built in 1950; Rear addition provides extra living space; Whole‑house generator hookup
