Duplex Conversion Opportunity Cape
20 East Avenue West Seneca, NY 14224
For Sale
$350,000
Expanded Cape Cod in R65A zoning currently offers a second-floor in-law apartment and can convert to a true two-family setup.
Days on Market120
Property Features for 20 East Avenue
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1950
Listing Agency:
WNY Metro Roberts Realty
(716) 796-4186
Listed By:
Brian Kras · License #10401373450
(716) 796-4186
Source:
Highfallssir
Added: Apr 2
Changed: Jul 30
Last Checked: Jul 30 at 4:59AM
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.
This expanded Cape Cod is currently set up as a single-family home with a second-floor in-law apartment, providing flexible living and income options. The main level includes 3 bedrooms, and the additional upstairs space brings the total to 5 bedrooms. With a little finishing, the home can be configured as a larger 6 or 7-bedroom, 3-bath residence featuring multiple living areas, a family room, and a home office.
The layout also supports a conversion to a true two-family structure. One option is a spacious first-floor unit with a 4 or 5 bedroom, 2 bath arrangement, paired with an upper unit that offers 2 bedrooms and 1 bath, each with its own living space and kitchen.
Built in 1950, the property includes an oversized 3+ car garage and a triple-wide driveway for convenient parking and storage. It’s located just minutes from shopping, dining, parks, schools, and the NYS Thruway for quick access to Buffalo and beyond. Open house dates are scheduled for Saturday April 4th, 2026 (11am–1pm), Wednesday April 8th, 2026 (5pm–7pm), and Sunday April 12th, 2026 (1pm–3pm), with offers reviewed on Monday April 13th, 2026 at 3PM.
The layout also supports a conversion to a true two-family structure. One option is a spacious first-floor unit with a 4 or 5 bedroom, 2 bath arrangement, paired with an upper unit that offers 2 bedrooms and 1 bath, each with its own living space and kitchen.
Built in 1950, the property includes an oversized 3+ car garage and a triple-wide driveway for convenient parking and storage. It’s located just minutes from shopping, dining, parks, schools, and the NYS Thruway for quick access to Buffalo and beyond. Open house dates are scheduled for Saturday April 4th, 2026 (11am–1pm), Wednesday April 8th, 2026 (5pm–7pm), and Sunday April 12th, 2026 (1pm–3pm), with offers reviewed on Monday April 13th, 2026 at 3PM.
Key Highlights
- R65A zoning supports single‑family living with strong flexibility for multi‑family configuration
- Currently set up with a second‑floor in‑law apartment and total 5 bedrooms (3 main + 2 upstairs)
- Conversion potential to two‑family setup: first‑floor 4 or 5 bed / 2 bath plus upper 2 bed / 1 bath
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 | $37.8k | $15.00 |
| − Vacancy | −$2.1k | −$0.83 |
| EGI | $35.7k | $14.17 |
| − OpEx | −$10.7k | −$4.25 |
| NOI | $25.0k | $9.92 |
2,521 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$357.4K
$312.7K – $416.9K
NOI $25,015 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$329.1K
$288.0K – $384.0K
NOI $23,040 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$606.3K
$530.5K – $707.3K
NOI $42,438 @ 7.0% cap · market cap 12.13%
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 - Expanded Cape Cod in R65A zoning currently offers a second-floor in-law apartment and can convert to a true two-family setup.
Where is this duplex located?
The property is located at 20 East Avenue West Seneca, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: R65A zoning supports single‑family living with strong flexibility for multi‑family configuration; Currently set up with a second‑floor in‑law apartment and total 5 bedrooms (3 main + 2 upstairs); Conversion potential to two‑family setup: first‑floor 4 or 5 bed / 2 bath plus upper 2 bed / 1 bath
