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Two-Unit Residential Income Property

252 DARTMOUTH AVE Buffalo, NY 14215

252 DARTMOUTH AVE, Buffalo, NY, 14215
$269,900
Pending
For Sale
$269,900
Pending

Two spacious units offer 3 bedrooms and off-street parking via a long driveway in a full basement and attic.

Property Size2,532 SF
Days on Market135

Property Features for 252 DARTMOUTH AVE

General Information

Standard status
Pending
Size
2,532 SF
Property subtype
Multi-Family

Building Details

Year Built
1920
Listing agency HUNT Real Estate Corporation
Listed by Md Nazmul Hussain
Source Xome
Added: Mar 10 Updated: Jul 21 at 4:27AM Checked: Jul 22 at 3:41AM

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 HUNT Real Estate Corporation


Investment Insights

Based on property information with market context.

252 Dartmouth Avenue is a well-maintained two-unit residential income property featuring two spacious units. Each unit includes three bedrooms, one full bathroom, a living room, a dining room, and a kitchen. The property also offers a full basement and a full attic for additional storage.

Off-street parking is available via a long driveway, and there is no garage. The upper unit is tenant occupied, with tenants already in place.

For investors seeking rental income, this property provides a straightforward duplex-style configuration with consistent unit layouts and supplemental storage space in both the basement and attic.

Key Highlights

  • Two spacious units, each with 3 bedrooms and 1 full bathroom
  • Separate living, dining, and kitchen areas in each unit
  • Full basement plus full attic for additional storage

Local Financial Insights For Apartment 5plus

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 $44.1k $17.40
− Vacancy −$2.0k −$0.78
EGI $42.1k $16.62
− OpEx −$18.9k −$7.48
NOI $23.1k $9.14
2,532 SF · lease $17.40/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$358.9K
$314.1K – $418.7K (±1% cap)
NOI $25,124 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$330.6K
$289.3K – $385.7K (±1% cap)
NOI $23,141 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$608.9K
$532.8K – $710.4K (±1% cap)
NOI $42,623 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Plumbing Service Carpet & Flooring Store Furniture & Home Goods Catering Service Acupuncture

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

FAQs

What type of property is this?
Duplex - Two spacious units offer 3 bedrooms and off-street parking via a long driveway in a full basement and attic.
Where is this duplex located?
The property is located at 252 DARTMOUTH AVE Buffalo, NY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two spacious units, each with 3 bedrooms and 1 full bathroom; Separate living, dining, and kitchen areas in each unit; Full basement plus full attic for additional storage
Contact an agent
More about this property
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