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Remodeled Two-Family Duplex

31 CHADDUCK AVE Buffalo, NY 14207

31 CHADDUCK AVE, Buffalo, NY, 14207
$210,000
Pending
For Sale
$210,000
Pending

Remodeled two-unit duplex with separate utilities, entrances, and parking, plus a two-car garage.

Property Size1,426 SF
Days on Market330

Property Features for 31 CHADDUCK AVE

General Information

Standard status
Pending
Size
1,426 SF
Property subtype
Multi-Family

Building Details

Year Built
1920
Listing agency HUNT Real Estate Corporation
Listed by Joshua McDougall
Source Xome
Added: Aug 28, 2025 Updated: Jul 22 at 7:47AM Checked: Jul 22 at 7:47AM

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.

This remodeled two-family duplex features two spacious units with separate utilities, entrances, and parking. The property includes a two-car garage and recent updates throughout, including a new furnace, new water heaters, new plumbing, updated flooring, new appliances, new light fixtures, and fresh paint, among other improvements.

For Sale as-is, with showings beginning immediately. The listing notes low Buffalo taxes.

Each unit is set up to function independently, supported by its own utility services and dedicated access and parking. Buyers should plan to verify all details during their due diligence, as the property is being sold in its current condition.

Key Highlights

  • Remodeled 2‑family duplex with 2 spacious units at 31 Chadduck
  • Each unit has separate utilities, separate entrances, and dedicated parking
  • 2‑car garage with a concrete driveway

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 $21.4k $15.00
− Vacancy −$1.2k −$0.83
EGI $20.2k $14.17
− OpEx −$6.1k −$4.25
NOI $14.1k $9.92
1,426 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$202.1K
$176.9K – $235.8K (±1% cap)
NOI $14,149 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$186.2K
$162.9K – $217.2K (±1% cap)
NOI $13,033 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$342.9K
$300.1K – $400.1K (±1% cap)
NOI $24,005 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic Nail Salon Cafe & Coffee Shop Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Remodeled two-unit duplex with separate utilities, entrances, and parking, plus a two-car garage.
Where is this duplex located?
The property is located at 31 CHADDUCK AVE Buffalo, NY.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Remodeled 2‑family duplex with 2 spacious units at 31 Chadduck; Each unit has separate utilities, separate entrances, and dedicated parking; 2‑car garage with a concrete driveway
Contact an agent
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