Updated Move-In Ready Buffalo
134 Kelburn Street Buffalo, NY 14206
For Sale
$170,000
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size1,428 SF
Lot Size0.07 Acres
Days on Market106
Property Features for 134 Kelburn Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Basement, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Exterior features
PrivateYard
Appliances
GasWaterHeater
Standard status
Pending
APN
140200-123-400-0001-002-000
Size
1,428 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
1545
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
VinylSiding
Architectural style
Other
Listing Agency:
WNYbyOwner.com
(716) 523-8508
Listed By:
Robyn Sansone · License #10491209960
(716) 523-8508
Added: Apr 16
Changed: Jul 11
Last Checked: Jul 30 at 1:06AM
MLS# B1674010
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.
Investment Insights
Based on property information with market context.
This updated double property offers opportunities for investors and owner-occupants. The property has undergone renovations, making it move-in ready with low maintenance. Each unit includes a refreshed kitchen with new sinks, faucets, and countertops, along with new lighting. Mechanical updates include new plumbing and a new furnace. New flooring is installed throughout, and fresh paint covers every room. Barn doors add character. Safety features include newly installed smoke and CO2 detectors. The property is conveniently located with access to the I-190, providing connections to shopping, dining, and everyday essentials. The property, situated on a 0.0689-acre lot, contains 1428 square feet of space. It is located in Buffalo, NY.
Key Highlights
- Move‑in ready 2/1 double with extensive renovations and updated finishes throughout
- Each unit includes a refreshed kitchen with new sinks, faucets, and modern countertops
- Major mechanical updates include new plumbing and a new furnace; gas water heater
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 | $21.4k | $15.00 |
| − Vacancy | −$1.2k | −$0.83 |
| EGI | $20.2k | $14.17 |
| − OpEx | −$6.1k | −$4.25 |
| NOI | $14.2k | $9.92 |
1,428 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$202.4K
$177.1K – $236.2K
NOI $14,169 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$186.4K
$163.1K – $217.5K
NOI $13,051 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$343.4K
$300.5K – $400.6K
NOI $24,038 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Updated 2/1 double, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 134 Kelburn Street Buffalo, NY.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Move‑in ready 2/1 double with extensive renovations and updated finishes throughout; Each unit includes a refreshed kitchen with new sinks, faucets, and modern countertops; Major mechanical updates include new plumbing and a new furnace; gas water heater
