Duplex with Two-Car
New
For Sale
$194,900
28 Burch Avenue, West Seneca, NY 14210
Two occupied residences have separate utilities, with in-unit laundry in the lower unit.
Property Size1,796 SF
Days on Market3
Property Features for 28 Burch Avenue
General Information
Standard status
Active
Size
1,796 SF
Total Parking Spaces
2
Property subtype
Multi Family
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$27,600
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,801
Amenities
first-floor in-unit laundry
central air conditioning
fully fenced yard
Building Details
Building Size
1,796 SF
Year Built
1900
Buildings
1
Tenancy
Multi
Listing Agency:
HUNT Real Estate ERA
Listed By:
Brooke Powell · License #10401366533
(716) 799-3347
Source:
Highfallssir
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:45AM
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 ERA
Investment Insights
Based on property information with market context.
Built in 1900, this upper-and-lower duplex contains two residences, each with two bedrooms and one full bathroom. Both units are occupied and have separate utilities. The lower residence includes first-floor laundry and central air conditioning, while the upper unit has a gas hookup in a rear bedroom. Interior updates include flooring, kitchen and bath finishes, fixtures, and electrical work in both units. A bonus room beside the upper-unit stairwell provides additional storage.
The property is on Burch Avenue, just off Seneca Street in West Seneca, with restaurants, shopping, parks, and everyday services in the surrounding area. Its outdoor and support features include a fully fenced yard, a two-car garage, and a partial basement.
The property is on Burch Avenue, just off Seneca Street in West Seneca, with restaurants, shopping, parks, and everyday services in the surrounding area. Its outdoor and support features include a fully fenced yard, a two-car garage, and a partial basement.
Key Highlights
- Two occupied units, each with 2 bedrooms and 1 full bathroom
- Separate utilities for the upper and lower residences
- Lower unit has first‑floor in‑unit laundry and central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,821
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,420
$356.4K
Cap Rate 7%
$254,586
$254.6K
Cap Rate 9%
$198,011
$198.0K
Market Conditions
NOI Build-Up for 1,796 SF
Gross rent
$26.9K $15.00/SF
− Vacancy
−$1.5K −$0.83/SF
EGI
$25.5K $14.17/SF
− OpEx
−$7.6K −$4.25/SF
NOI
$17.8K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,420
Cap Rate 7%
$254,586
Cap Rate 9%
$198,011
Alternative Uses
Best Use
Multifamily LT 5
$254.6K
$222.8K – $297.0K
NOI $17,821 @ 7.0% cap · market cap 9.14%
Second Best
Apartment 5plus
$234.5K
$205.2K – $273.6K
NOI $16,414 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$431.9K
$377.9K – $503.9K
NOI $30,233 @ 7.0% cap · market cap 15.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 14210, NY
15,480
Population
7,813
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
4,994
Density / Sq Mi
$51,059
Median Household Income
$31,652
Median Earnings
$925
Median Rent
$124,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences have separate utilities, with in-unit laundry in the lower unit.
Where is this duplex located?
The property is located at 28 Burch Avenue West Seneca, NY.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: Two occupied units, each with 2 bedrooms and 1 full bathroom; Separate utilities for the upper and lower residences; Lower unit has first‑floor in‑unit laundry and central air conditioning
