Duplex with Off-Street
For Sale
$164,999
167 Roesch Avenue, Buffalo, NY 14207
Two apartments offer a two-bedroom lower layout and a one-bedroom upper layout.
Property Size1,144 SF
Days on Market9
Property Features for 167 Roesch Avenue
General Information
Standard status
Active
Size
1,144 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Riverside
Units
Unit Mix
1 x 2-bedroom lower unit, 1 x 1-bedroom upper unit
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,632
Amenities
off-street parking
private backyard
Building Details
Building Size
1,144 SF
Year Built
1927
Listing Agency:
Atlas Realty Trading Co LLC
Listed By:
Kekeli Olympio · License #10401350130
(716) 222-2227
Source:
Highfallssir
Added: Oct 21
Changed: Oct 27
Last Checked: Oct 28 at 6:20PM
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 Atlas Realty Trading Co LLC
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Investment Insights
Based on property information with market context.
This duplex, built in 1927, contains two apartments: a two-bedroom unit on the lower level and a one-bedroom unit above. Off-street parking and a private backyard are also part of the property.
Key Highlights
- Two‑unit duplex built in 1927
- Lower apartment has 2 bedrooms; upper apartment has 1 bedroom
- Off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,351
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,020
$227.0K
Cap Rate 7%
$162,157
$162.2K
Cap Rate 9%
$126,122
$126.1K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$17.2K $15.00/SF
− Vacancy
−$944 −$0.83/SF
EGI
$16.2K $14.17/SF
− OpEx
−$4.9K −$4.25/SF
NOI
$11.4K $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%
$227,020
Cap Rate 7%
$162,157
Cap Rate 9%
$126,122
Alternative Uses
Best Use
Multifamily LT 5
$162.2K
$141.9K – $189.2K
NOI $11,351 @ 7.0% cap · market cap 6.88%
Second Best
Apartment 5plus
$149.4K
$130.7K – $174.3K
NOI $10,455 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$275.1K
$240.7K – $321.0K
NOI $19,258 @ 7.0% cap · market cap 11.67%
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
417
Businesses Nearby
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Business Placement
Demographics for 14207, NY
26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer a two-bedroom lower layout and a one-bedroom upper layout.
Where is this duplex located?
The property is located at 167 Roesch Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $164,999.
What are key features of this property?
This property features: Two‑unit duplex built in 1927; Lower apartment has 2 bedrooms; upper apartment has 1 bedroom; Off‑street parking
