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Updated Two-Unit Residential Income

326 Central Avenue Silver Creek, NY 14136

New
326 Central Avenue, Silver Creek, NY, 14136
$164,500
For Sale
Claim this Listing
$164,500

MULTI_FAMILY - Other - Silver Creek, NY

Property Size1,920 SF
Lot Size0.17 Acres
Price / SF$85.68
AddedJul 13
Days on Market3
Last RefreshJul 15 at 9:06 am

Property Features for 326 Central Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Basement, Bathroom 2, Bathroom 1
Parking features
On Street
Patio and Porch features
Porch, Deck
Interior features
SlidingGlassDoors
Exterior features
Deck
Appliances
GasWaterHeater
Standard status
Active
APN
064603-032-018-0005-021-000
Size
1,920 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Annual Amount
3531

Utilities

Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Laminate, Carpet, Varies, Hardwood
Building materials
Stucco, VinylSiding, CopperPlumbing
Roof type
Asphalt
Architectural style
Other

Listing agent Thomas J Mazzone License #10491213404

Listing office MLS Nation Realty LLC 6161 S Park Ave., Hamburg, NY

Listing date Jul 13, 2026

MLS# B1698171 Listing URL

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 updated two-unit residential income property includes maintenance-free vinyl siding and newer windows throughout. Plumbing improvements include PVC and copper, along with basement drain tile. The electric service, hot water tank, and furnace are less than 10 years old, and the roof was fully replaced with a tear-off in 2025.

The lower level is set up as the owner’s living space with a wide open concept that includes a large living room with a gas stone facade fireplace currently being used as a bedroom, plus a formal dining area and kitchen with stone backsplash and accent walls. The main bedroom includes sliding glass doors to a rear deck, and the home includes a 2-car garage. The upper unit offers one bedroom with the possibility of a second bedroom, along with in-unit laundry and an eat-in kitchen; all appliances are included.

A long-term tenant is currently month-to-month and would like to remain.

Key Highlights

  • 2‑unit (2/1) multi‑unit home; updates include maintenance‑free vinyl siding and newer windows throughout
  • Roof tear‑off completed in 2025; asphalt roof
  • Heating and hot water: forced air with natural gas and a gas water heater

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 $30.4k $15.84
− Vacancy −$4.0k −$2.08
EGI $26.4k $13.76
− OpEx −$11.9k −$6.19
NOI $14.5k $7.57
1,920 SF · lease $15.84/SF/yr · vacancy 13.10% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$227.0K
$198.6K – $264.8K (±1% cap)
NOI $15,887 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$207.7K
$181.7K – $242.3K (±1% cap)
NOI $14,536 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$574.7K
$502.9K – $670.5K (±1% cap)
NOI $40,228 @ 7.0% cap · market cap 24.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply HVAC Service Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store Nail Salon Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Dental Office

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

FAQs

What type of property is this?
Duplex - Two-unit home with a 2-car garage, recent roof replacement, and multiple system updates throughout.
Where is this duplex located?
The property is located at 326 Central Avenue Silver Creek, NY.
What is the asking price?
The asking price for this property is $164,500.
What are key features of this property?
This property features: 2‑unit (2/1) multi‑unit home; updates include maintenance‑free vinyl siding and newer windows throughout; Roof tear‑off completed in 2025; asphalt roof; Heating and hot water: forced air with natural gas and a gas water heater
Contact an agent
More about this property
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