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    Renovated Two-Family Home Title is generated by Realmo AI

    36 Krakow Street, Buffalo, NY 14206

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    Claim this Listing
    For Sale
    $249,900

    MULTI_FAMILY - Other - Buffalo, NY

    Property size:
    2,212 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $112/SF
    Added:
    Apr 3, 2026
    Days on Market:
    76
    Last Refresh:
    Jun 17 at 6:06 am

    Property Features for 36 Krakow Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Basement, Bedroom 1, Bathroom 1
    Interior features
    NaturalWoodwork
    Exterior features
    FullyFenced
    Fencing
    Fenced
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    140200-123-330-0004-004-000
    Size
    2,212 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1435

    Utilities

    Heating system
    Forced Air, Baseboard, Other (Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Vinyl, Hardwood
    Building materials
    AluminumSiding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Julia Partsch
    Julia Partsch

    Listing agent Julia Partsch License #10301220911

    Listing office Prestige Family Realty 2930 Sweet Home Rd, N. Tonawanda, NY

    Listing date Apr 3, 2026

    MLS# B1669305 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

    • Renovated move‑in ready 2‑family built in 1930
    • Each unit features 3 bedrooms and 1 full bath
    • Major updates include a new roof, new furnace for the upper unit, and brand new hot water tank
    • Public water and gas water heater included
    • Refinished hardwood floors and new kitchens with updated bathrooms
    • Fully fenced property with a 2‑car garage, full basement, and walk‑up attic for storage

    Overview

    This renovated two-family residence is positioned as move-in ready and designed for straightforward day-one occupancy. The property includes two separate units, each offering three bedrooms and one full bathroom. Recent improvements noted in the listing include a new roof, a new furnace for the upper unit, and a brand new hot water tank. Interiors feature brand new kitchens, updated bathrooms, and refinished hardwood floors that combine modern finishes with classic flooring.

    The home includes a full basement and a walk-up attic, providing additional storage space. Parking is supported by a two-car garage. The property is located on Krakow Street in Buffalo’s Kaisertown area, in Erie County.

    With each unit laid out as a 3-bedroom, 1-bath configuration, the property may suit both owner-occupants looking to offset expenses with rental income and investors seeking a fully updated two-family setup. The listing’s stated system upgrades and overall renovation help reduce immediate maintenance concerns for prospective buyers.

    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 $33.2k $15.00
    − Vacancy −$1.8k −$0.83
    EGI $31.4k $14.17
    − OpEx −$9.4k −$4.25
    NOI $21.9k $9.92
    2,212 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $313.6K
    $274.4K – $365.8K (±1% cap)
    NOI $21,949 @ 7.0% cap · market cap 8.78%
    Second Best
    Apartment 5plus
    $288.8K
    $252.7K – $336.9K (±1% cap)
    NOI $20,216 @ 7.0% cap · market cap 8.09%
    Theoretical Best
    Office A
    $531.9K
    $465.5K – $620.6K (±1% cap)
    NOI $37,236 @ 7.0% cap · market cap 14.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.80991
    Latitude
    42.872993

    FAQs

    What type of property is this?
    Duplex - Renovated 2-family in move-in-ready condition with two 3-bedroom units, updated systems, and a 2-car garage.
    Where is this duplex located?
    The property is located at 36 Krakow Street Buffalo, NY.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Renovated move‑in ready 2‑family built in 1930; Each unit features 3 bedrooms and 1 full bath; Major updates include a new roof, new furnace for the upper unit, and brand new hot water tank
    More about this property
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