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Solid Brick Two-Unit Home

1960 Genesee Street Buffalo, NY 14211

Claim this Listing
Pending
$319,000

MULTI_FAMILY - Buffalo, NY

Property size:
2,200 SF
Lot size:
0.08 Acres
Added:
Apr 2, 2026
Days on Market:
103
Last Refresh:
Jul 13 at 9:06 am

Property Features for 1960 Genesee Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Basement, Bathroom 1, Bedroom 5
Appliances
GasWaterHeater
Standard status
Pending
APN
140200-101-410-0003-022-000
Size
2,200 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Annual Amount
1261

Utilities

Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1954
Floors in Building
2
Number of units
2
Flooring type
Varies, Hardwood, Tile
Building materials
VinylSiding

Listing agent Shirajum Monira License #10401363530

Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY

Listing date Apr 2, 2026

MLS# B1670867 Listing URL

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 well-maintained, move-in-ready solid brick two-unit home offers comfort, style, and convenience, making it ideal for investment or multi-generational living. The first-floor unit features 2 spacious bedrooms, 1 full modern bathroom, a formal living room, and a separate dining room. The kitchen is spacious, complete with ample cabinet storage and an eat-in area. The second-floor unit offers 3 bedrooms, 2 full updated bathrooms, and a bright eat-in kitchen. Both units have been freshly painted, with modern lighting and thoughtfully renovated bathrooms. The property, situated on a 0.0826-acre lot, includes a large backyard. The building has a total area of 2200 square feet. Located in Buffalo, near shopping, public transportation, and everyday amenities, this property offers a potential opportunity in a sought-after location.

Key Highlights

  • Two‑unit home (2 units) built in 1954
  • Total of 5 bedrooms across the units and 3 bathrooms
  • First‑floor unit features 2 bedrooms, 1 full bathroom, formal living room, and separate dining room

Local 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 $33.0k $15.00
− Vacancy −$1.8k −$0.83
EGI $31.2k $14.17
− OpEx −$9.4k −$4.25
NOI $21.8k $9.92
2,200 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$311.9K
$272.9K – $363.8K (±1% cap)
NOI $21,830 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$287.2K
$251.3K – $335.1K (±1% cap)
NOI $20,107 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$529.1K
$462.9K – $617.2K (±1% cap)
NOI $37,034 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office HVAC Service Skin Care Clinic Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained, move-in-ready two-unit home ideal for investment or living.
Where is this duplex located?
The property is located at 1960 Genesee Street Buffalo, NY.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Two‑unit home (2 units) built in 1954; Total of 5 bedrooms across the units and 3 bathrooms; First‑floor unit features 2 bedrooms, 1 full bathroom, formal living room, and separate dining room
Contact an agent
More about this property
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