Duplex with Large
337 Mystic Street Buffalo, NY 14220
New
MULTI_FAMILY - Buffalo, NY
Property size:
1,380 SFLot size:
0.08 AcresPrice / SF:
$136/SF- Added:
- Jul 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 9 at 9:06 pm
Property Features for 337 Mystic Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Basement
- Parking features
- Garage
- Patio and Porch features
- Porch
- Exterior features
- FullyFenced
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-123-770-0006-010-000
- Size
- 1,380 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2950
Utilities
- Heating system
- Space Heater, Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Laminate, Varies, Carpet, Tile
- Building materials
- VinylSiding
- Roof type
- Shingle
Listing agent Ocairis Echevarria License #10401388532 (716) 313-6060
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Jul 8, 2026
MLS# B1697202
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 duplex includes two separate residential units on a single property. The first-floor apartment features a large living room, a dining area, an eat-in kitchen, a tiled full bathroom, and three bedrooms. The upper apartment offers a large living room, an eat-in kitchen, two bedrooms, and a large full bathroom. Both apartments are currently rented. Outside, the property sits on a double lot with a huge yard, providing outdoor space that can support everyday tenant use.
The property is located at 337 Mystic Street in Buffalo, NY 14220, in Erie County. With its compact lot size and two-lot configuration, the home is designed to balance practical interior living space with access to additional yard area.
For buyers looking for a turn-key residential income setup, this property provides two units with defined bedroom counts and established tenancy, which can simplify operational planning. The interior layouts—each with dedicated living space, kitchens, and full bathrooms—may appeal to tenants seeking more room within a duplex setting, while the large yard adds an extra functional asset for occupants.
The property is located at 337 Mystic Street in Buffalo, NY 14220, in Erie County. With its compact lot size and two-lot configuration, the home is designed to balance practical interior living space with access to additional yard area.
For buyers looking for a turn-key residential income setup, this property provides two units with defined bedroom counts and established tenancy, which can simplify operational planning. The interior layouts—each with dedicated living space, kitchens, and full bathrooms—may appeal to tenants seeking more room within a duplex setting, while the large yard adds an extra functional asset for occupants.
Key Highlights
- Double with double lot; both apartments are currently rented
- 1900‑built multi‑family home with vinyl siding and shingle roof
- Two separate apartment layouts: first floor has large living room, dining area, eat‑in kitchen, and 3 bedrooms
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 | $20.7k | $15.00 |
| − Vacancy | −$1.1k | −$0.83 |
| EGI | $19.6k | $14.17 |
| − OpEx | −$5.9k | −$4.25 |
| NOI | $13.7k | $9.92 |
1,380 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$195.6K
$171.2K – $228.2K
NOI $13,693 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$180.2K
$157.7K – $210.2K
NOI $12,612 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$331.9K
$290.4K – $387.2K
NOI $23,230 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A duplex with two rented apartments and a large yard, offering straightforward residential income use in Buffalo.
Where is this duplex located?
The property is located at 337 Mystic Street Buffalo, NY.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Double with double lot; both apartments are currently rented; 1900‑built multi‑family home with vinyl siding and shingle roof; Two separate apartment layouts: first floor has large living room, dining area, eat‑in kitchen, and 3 bedrooms
