Two-Family Home with Double
222 Helen Street, Cheektowaga, NY 14206
New
MULTI_FAMILY - Other - Cheektowaga, NY
Property size:
1,360 SFLot size:
0.17 AcresPrice / SF:
$106/SF- Added:
- Jun 15, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 17 at 5:06 am
Property Features for 222 Helen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 2, Basement, Bathroom 1, Bedroom 3
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- CeilingFans, NaturalWoodwork
- Exterior features
- Deck, FullyFenced, Pool
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 143089-113-630-0004-008-000
- Size
- 1,360 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9080
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Vinyl, Hardwood, Varies, Linoleum, Laminate
- Building materials
- ShakeSiding, VinylSiding, WoodSiding
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent Britt Konczyk License #10301217339 (716) 955-0284
Listing office MJ Peterson Real Estate Inc. 431 Delaware Avenue, NY (716) 819-4200
Listing date Jun 15, 2026
MLS# B1690549
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.
HighLights
- Currently zoned as a two‑family home with 1‑bed/1‑bath first‑floor unit and 2‑bed/1‑bath second‑floor unit
- Double lot (60 x 122') with a fully fenced yard and deck
- 2‑car garage and basement laundry hookups
- Interior features include original natural woodwork, leaded glass windows, and a double living room (21 x 15') with mantel and fireplace
- Updated exterior with vinyl siding and most windows replaced; main house roof reportedly in good condition
- Cash only sale due to front foyer roof, garage roof, and plumbing repair needed
Overview
222 Helen Street is a two-family home currently zoned as a two-family property, built with two residential units under one roof. The first-floor unit includes one bedroom and one bathroom, plus a kitchen with oven and refrigerator, a formal dining room, a large double living room, and a full bathroom. The second-floor unit offers a front living room, two bedrooms, a full bath, and an eat-in kitchen. The exterior has been updated with vinyl siding, and many windows have been replaced. Original woodwork and leaded glass windows remain, and laundry hookups are located in the basement. The home features a single heating unit, one gas meter, and one HWT, with electric still using fuses and separate meters.
The property sits on a double lot measuring 60 x 122', with a fully fenced yard and maple trees providing a park-like setting. A two-car garage backs up to the entrance of Theodore Roosevelt Elementary. The main house roof is reported to be in good condition; however, the front foyer roof, garage roof, and plumbing repair are noted as needed.
This property is best suited to buyers seeking a practical two-family setup with in-place unit separation and an updated exterior, while planning for roof and plumbing repairs identified in the disclosure. The sale is cash only, and converting it back to a single-family use would require a residential alteration permit and a fire code inspection; contact the town for further details. Offers will be presented as received, and showings start immediately.
The property sits on a double lot measuring 60 x 122', with a fully fenced yard and maple trees providing a park-like setting. A two-car garage backs up to the entrance of Theodore Roosevelt Elementary. The main house roof is reported to be in good condition; however, the front foyer roof, garage roof, and plumbing repair are noted as needed.
This property is best suited to buyers seeking a practical two-family setup with in-place unit separation and an updated exterior, while planning for roof and plumbing repairs identified in the disclosure. The sale is cash only, and converting it back to a single-family use would require a residential alteration permit and a fire code inspection; contact the town for further details. Offers will be presented as received, and showings start immediately.
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 | $18.8k | $13.80 |
| − Vacancy | −$6.3k | −$4.61 |
| EGI | $12.5k | $9.19 |
| − OpEx | −$3.7k | −$2.76 |
| NOI | $8.7k | $6.43 |
1,360 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$124.9K
$109.3K – $145.7K
NOI $8,744 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$112.2K
$98.2K – $130.9K
NOI $7,852 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$297.3K
$260.1K – $346.9K
NOI $20,811 @ 7.0% cap · market cap 14.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Cheektowaga
- County
- Erie
- State
- New York
- Longitude
- -78.777195
- Latitude
- 42.88332
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two separate units in a two-family configuration, with fenced yard and updated exterior on a double lot.
Where is this duplex located?
The property is located at 222 Helen Street Cheektowaga, NY.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Currently zoned as a two‑family home with 1‑bed/1‑bath first‑floor unit and 2‑bed/1‑bath second‑floor unit; Double lot (60 x 122') with a fully fenced yard and deck; 2‑car garage and basement laundry hookups
