Two-Unit Residential Income
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
(347) 968-4231
Listed by
Md Nazmul Hussain
(347) 968-4231
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.
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
NOI $25,124 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$330.6K
$289.3K – $385.7K
NOI $23,141 @ 7.0% cap · market cap 8.57%
Theoretical Best
Office A
$608.9K
$532.8K – $710.4K
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
Similar For Sale Nearby
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