31 Ellen Drive, Buffalo, NY 14225
MULTI_FAMILY - Buffalo, NY
- Added:
- Jul 6, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 8 at 4:06 am
Property Features for 31 Ellen Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Basement, Bathroom 1, Bedroom 4
- Parking features
- Garage
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 143089-080-200-0003-025-000
- Size
- 1,924 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6137
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Varies
- Building materials
- VinylSiding
Listing agent Mark Hanes License #10401260598 (716) 998-6089
Listing office Superlative Real Estate, Inc. 8685 Sheridan Dr, Williamsville, NY (716) 553-3558
Listing date Jul 6, 2026
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.
HighLights
- Two‑family home with two units: first unit has 3 bedrooms and 2 full bathrooms; second unit has 2 bedrooms and 1 full bathroom
- Full basement
- Large 2‑car garage with a concrete driveway and plenty of parking space
- New tear‑off roof installed in fall 2025
- Some newer vinyl windows; vinyl siding exterior
- Heating: forced air natural gas; flooring includes hardwood (varies by room); public water; gas water heater
Overview
Located in Cheektowaga, the property sits on a 0.15-acre lot. Off-street parking is supported by the concrete driveway and available parking space on site.
The unit mix and basement configuration make this property well suited for owner-occupants seeking rental support or investors looking for a straightforward two-family residential asset. The mix of bedroom counts across both units can appeal to a range of tenant needs, while the garage and parking help support day-to-day convenience for occupants.
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 | $28.9k | $15.00 |
| − Vacancy | −$1.6k | −$0.83 |
| EGI | $27.3k | $14.17 |
| − OpEx | −$8.2k | −$4.25 |
| NOI | $19.1k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.756424
- Latitude
- 42.946428
