23 Wadsworth Street Buffalo, NY 14201
MULTI_FAMILY - Other - Buffalo, NY
- Added:
- Jul 2, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 12 at 2:06 am
Property Features for 23 Wadsworth Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
- Patio and Porch features
- Patio
- Exterior features
- Balcony, Patio
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-100-690-0002-002-210
- Size
- 1,980 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3086
Utilities
- Heating system
- Natural Gas, Radiant
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Varies, Tile, Hardwood
- Building materials
- WoodSiding, CopperPlumbing
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent Jeffrey Moyer License #10401225154 (716) 818-9042
Listing office Gurney Becker & Bourne 976 Delaware Ave, Buffalo, NY (716) 849-1234
Listing date Jul 2, 2026
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.
The property is located in the Allentown Historic District, within walking distance of the Medical Corridor, and is positioned between Kleinhans and Pausa Art House. Off-street parking is provided for two cars, with the potential to expand to four. A shared driveway creates a larger private area shared by four homes, secured by a fenced and gated setup.
Key Highlights
- Two‑family home in the Allentown Historic District, currently zoned residential
- Radiant floor heating plus natural gas heat; copper plumbing; wood siding; asphalt shingle roof
- Both units are move‑in ready with freshly painted interiors; updated baths and renovated kitchens with dishwashers and built‑in microwaves
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 | $29.7k | $15.00 |
| − Vacancy | −$1.6k | −$0.83 |
| EGI | $28.1k | $14.17 |
| − OpEx | −$8.4k | −$4.25 |
| NOI | $19.6k | $9.92 |
