Spacious Duplex with Two-Car
28 Fairgreen Drive Buffalo, NY 14228
For Sale
$349,900
Pending
MULTI_FAMILY - Other - Buffalo, NY
Property Size2,730 SF
Lot Size0.33 Acres
Days on Market100
Property Features for 28 Fairgreen Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Rooms
Basement, Bedroom 1, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 2
Patio and Porch features
Porch
Interior features
CeilingFans
Exterior features
FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Pending
APN
142289-026-070-0002-047-000
Size
2,730 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Annual Amount
7236
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1974
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood, Carpet, Vinyl, Varies
Building materials
Brick, WoodSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Jennifer L Nelson · License #30NE0984291
(716) 903-1395
Added: Apr 21
Changed: Jul 25
Last Checked: Jul 29 at 2:06PM
MLS# B1675128
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.
This spacious duplex in Buffalo, NY, presents an opportunity for investors and owner-occupants. Each side of the duplex features a 3-bedroom, 1.5-bathroom layout. The functional floor plan in each unit provides generous living space, suitable for long-term rental income or multi-generational living. The property includes a two-car garage and an extra-wide section of driveway, offering ample parking. A newer roof adds value and helps minimize near-term maintenance expenses. The lot size is 0.3326 acres, and the property size is 2730 square feet.
Key Highlights
- Duplex with a 3‑bedroom, 1.5‑bathroom layout on each side
- Two‑car garage plus extra‑wide driveway for ample vehicle parking
- Newer asphalt roof and exterior of brick with wood siding
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 | $41.0k | $15.00 |
| − Vacancy | −$2.3k | −$0.83 |
| EGI | $38.7k | $14.17 |
| − OpEx | −$11.6k | −$4.25 |
| NOI | $27.1k | $9.92 |
2,730 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$387.0K
$338.6K – $451.5K
NOI $27,088 @ 7.0% cap · market cap 7.74%
Second Best
Apartment 5plus
$356.4K
$311.9K – $415.8K
NOI $24,950 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$656.5K
$574.5K – $765.9K
NOI $45,956 @ 7.0% cap · market cap 13.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Versatile duplex in Buffalo, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 28 Fairgreen Drive Buffalo, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Duplex with a 3‑bedroom, 1.5‑bathroom layout on each side; Two‑car garage plus extra‑wide driveway for ample vehicle parking; Newer asphalt roof and exterior of brick with wood siding
