39 Balbach Drive, Buffalo, NY 14225
- Added:
- Apr 20, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 14 at 12:06 am
Property Features for 39 Balbach Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4
- Parking features
- Open, Garage
- Interior features
- Storage
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 143089-091-070-0007-005-000
- Size
- 1,593 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5941
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Hardwood, Laminate, Varies
- Building materials
- Brick, VinylSiding, CopperPlumbing
- Roof type
- Asphalt
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Gerald M Strobel License #40ST0834232 (716) 866-4564
Listing office MJ Peterson Real Estate Inc. 200 John James Audubon Ste 101, NY (716) 689-7800
Listing date Apr 20, 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
- 3/2 multifamily home with an upper unit and a lower unit
- Upper unit features an eat‑in kitchen and living room, with hardwood floors in the living area and two bedrooms
- Lower unit offers three bedrooms with a large kitchen and large living room
- Full basement includes laundry and additional storage closet in the upper unit
- 2‑car garage plus open parking and fenced yard space
- Built in 1963 with forced‑air natural gas heating and window A/C units; public water and asphalt shingle roof
Overview
The home is located on a quiet street in the Maryvale school district in Buffalo, NY. The property sits on a 0.15-acre lot.
This configuration can fit owners seeking a multi-unit residential property with in-home separation between the upper and lower living spaces, as well as practical amenities such as basement laundry and covered parking. Included items noted in the remarks include refrigerator and AC units for the upper unit, appliances for the lower unit, and the washer and dryer in the basement, which may simplify move-in or turnover planning.
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 | $23.9k | $15.00 |
| − Vacancy | −$1.3k | −$0.83 |
| EGI | $22.6k | $14.17 |
| − OpEx | −$6.8k | −$4.25 |
| NOI | $15.8k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.760244
- Latitude
- 42.937506
