Traditional Upper/Lower
333 North Drive, Buffalo, NY 14216
New
MULTI_FAMILY - Other - Buffalo, NY
Property size:
2,398 SFLot size:
0.12 AcresPrice / SF:
$177/SF- Added:
- Jul 2, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 5 at 8:06 pm
Property Features for 333 North Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Basement
- Parking features
- Garage
- Patio and Porch features
- Porch, Patio, Deck
- Interior features
- CeilingFans, NaturalWoodwork, ProgrammableThermostat
- Exterior features
- Awnings, Balcony, Deck, FullyFenced, Patio
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-078-500-0002-044-000
- Size
- 2,398 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3498
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Hardwood, Varies
- Building materials
- Brick, VinylSiding, CopperPlumbing
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Joshua James License #10301210944 (716) 697-3280
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Jul 2, 2026
MLS# B1695007
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.
HighLights
- Traditional 3/3 upper/lower double with two open‑concept rental units and period woodwork with elaborate trim
- 1928 brick home with shingle roof; fireplace with brick surround and decorative built‑ins
- Fully renovated kitchens and remodeled bathrooms, including 42 in Alder hardwood cabinetry with soft‑close drawers
- Roof tear‑off with 50‑year architectural shingles and new gutters (2017); new gas water heaters (2021/2017)
- Heating includes high‑efficiency Trane furnace (lower 2022) and Rheem furnace (upper 2013)
- Fully fenced backyard with stamped concrete patio and custom pergola; includes two‑car detached garage built in 2005
Overview
This traditional upper/lower duplex offers two rental units with open-concept layouts and abundant natural light. Period woodwork with decorative trim is featured throughout, including a brick surround fireplace with decorative built-ins and refinished hardwood floors. Each unit includes a renovated bathroom with tile finishes, and the property has been updated with substantial kitchen improvements, including a fully renovated kitchen with 42-inch Alder hardwood cabinetry, soft-close drawers, an elegant tile backsplash, and high-grade vinyl flooring in the lower unit, along with an upper unit kitchen with Oak cabinetry and distinctive counters.
Set on a North Buffalo street, the home is positioned steps from Hertel Avenue and nearby Buffalo landmarks, including scenic Delaware Park and the Buffalo Zoo, as well as the Frank Lloyd Wright Martin House and the Albright Knox Art Gallery. Outdoors, there is a stamped concrete patio with a custom-built pergola and a fully fenced backyard. A covered porch or rear balcony off the upper unit overlooks a park-like view.
For tenants or owner-occupants seeking a two-unit configuration, the layout supports separate living spaces with three sizable bedrooms per unit. Recent capital improvements include a full tear-off roof with 50-year architectural shingles and new gutters (2017), water heaters installed in 2021 and 2017, and HVAC updates including a lower Trane furnace (2022) and upper Rheem furnace (2013). A detached two-car garage built in 2005 adds practical day-to-day convenience. Showings begin 7/8/2026.
Set on a North Buffalo street, the home is positioned steps from Hertel Avenue and nearby Buffalo landmarks, including scenic Delaware Park and the Buffalo Zoo, as well as the Frank Lloyd Wright Martin House and the Albright Knox Art Gallery. Outdoors, there is a stamped concrete patio with a custom-built pergola and a fully fenced backyard. A covered porch or rear balcony off the upper unit overlooks a park-like view.
For tenants or owner-occupants seeking a two-unit configuration, the layout supports separate living spaces with three sizable bedrooms per unit. Recent capital improvements include a full tear-off roof with 50-year architectural shingles and new gutters (2017), water heaters installed in 2021 and 2017, and HVAC updates including a lower Trane furnace (2022) and upper Rheem furnace (2013). A detached two-car garage built in 2005 adds practical day-to-day convenience. Showings begin 7/8/2026.
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 | $36.0k | $15.00 |
| − Vacancy | −$2.0k | −$0.83 |
| EGI | $34.0k | $14.17 |
| − OpEx | −$10.2k | −$4.25 |
| NOI | $23.8k | $9.92 |
2,398 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$339.9K
$297.4K – $396.6K
NOI $23,794 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$313.1K
$274.0K – $365.3K
NOI $21,916 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$576.7K
$504.6K – $672.8K
NOI $40,367 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.852616
- Latitude
- 42.953912
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Move-in ready duplex with two open-concept units, renovated kitchens and baths, and a fully fenced yard.
Where is this duplex located?
The property is located at 333 North Drive Buffalo, NY.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Traditional 3/3 upper/lower double with two open‑concept rental units and period woodwork with elaborate trim; 1928 brick home with shingle roof; fireplace with brick surround and decorative built‑ins; Fully renovated kitchens and remodeled bathrooms, including 42 in Alder hardwood cabinetry with soft‑close drawers
