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Renovated Multifamily Near UB South

462 Berkshire Avenue, Buffalo, NY 14215

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Pending

$199,900

MULTI_FAMILY - Other - Buffalo, NY

Property size:

1,796 SF

Lot size:

0.08 Acres

HighLights

2‑unit multifamily with one 2‑bedroom unit vacant and one 2‑bedroom unit tenant‑occupied at $900/month
Each unit includes a living‑dining combo, a full bathroom, and a kitchen
Full basement and driveway plus a decent‑size backyard
Utilities and systems include public water, natural gas forced‑air heat, and a gas water heater
Solid foundation with circuit‑breaker electric and aluminum siding
Renovated home built in 1925 with vinyl flooring

We can help!

Contact an agent

Syed J Rizvi

Pending

$199,900

MULTI_FAMILY - Other - Buffalo, NY

Property size:

1,796 SF

Lot size:

0.08 Acres

Added:: Aug 9, 2025
Days on Market:: 332
Last Refresh:: Jul 6 at 6:06 am

Property Features for 462 Berkshire Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 2
Rooms: Basement, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2
Appliances: GasWaterHeater
Standard status: Pending
APN: 140200-079-810-0006-021-000
Size: 1,796 SF
Lot size: 0.08 Acres

Taxes and HOA fees

Tax Annual Amount: 877

Utilities

Heating system: Forced Air, Natural Gas
Water source: Public

Building Details

Year built: 1925
Floors in Building: 2
Number of units: 2
Flooring type: Vinyl
Building materials: AluminumSiding
Architectural style: Other

We can help!

Contact an agent

Syed J Rizvi

Listing agent Syed J Rizvi License #10401279412

Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY

Listing date Aug 9, 2025

MLS# B1629400 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

2‑unit multifamily with one 2‑bedroom unit vacant and one 2‑bedroom unit tenant‑occupied at $900/month
Each unit includes a living‑dining combo, a full bathroom, and a kitchen
Full basement and driveway plus a decent‑size backyard
Utilities and systems include public water, natural gas forced‑air heat, and a gas water heater
Solid foundation with circuit‑breaker electric and aluminum siding
Renovated home built in 1925 with vinyl flooring

Overview

This multifamily property is located near the South Campus of the University at Buffalo. The building is a renovated 2/2 duplex with maintained mechanics. The lower unit is vacant and the upper unit is tenant-occupied, with the tenant currently paying $900 per month. Both units feature two bedrooms, a living-dining combo, a kitchen, and a full bathroom. The property includes a full basement, circuit breaker electric system, a driveway, and a backyard. The lot size is 0.0758 acres and the property size is 1796 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$26.9k	$15.00
− Vacancy	−$1.5k	−$0.83
EGI	$25.5k	$14.17
− OpEx	−$7.6k	−$4.25
NOI	$17.8k	$9.92

1,796 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$254.6K

$222.8K – $297.0K (±1% cap)

NOI $17,821 @ 7.0% cap · market cap 8.91%

Second Best

Apartment 5plus

$234.5K

$205.2K – $273.6K (±1% cap)

NOI $16,414 @ 7.0% cap · market cap 8.21%

Theoretical Best

Office A

$431.9K

$377.9K – $503.9K (±1% cap)

NOI $30,233 @ 7.0% cap · market cap 15.12%

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

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Buffalo
County: Erie
State: New York
Longitude: -78.811262
Latitude: 42.941378

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For sale
Duplexes
NY
Buffalo
14215
462 Berkshire Avenue

What type of property is this?

Duplex - Well-maintained, renovated duplex near University at Buffalo South Campus.

Where is this duplex located?

The property is located at 462 Berkshire Avenue Buffalo, NY.

What is the asking price?

The asking price for this property is $199,900.

What are key features of this property?

This property features: 2‑unit multifamily with one 2‑bedroom unit vacant and one 2‑bedroom unit tenant‑occupied at $900/month; Each unit includes a living‑dining combo, a full bathroom, and a kitchen; Full basement and driveway plus a decent‑size backyard

462 Berkshire Avenue, Buffalo, NY 14215

MULTI_FAMILY - Other - Buffalo, NY

Property Features for 462 Berkshire Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flex Office/Warehouse with Drive-In Doors

Multi-Unit Office Building with Pylon Signage

Brick Live-Work Building with Apartment

Five-Unit Mixed-Use Building

Freestanding Auto Repair Shop

Turnkey Restaurant on Main Street

Four-Unit Brick Apartment Building

Versatile Commercial Building in Buffalo

Restaurant and Bar Building Opportunity

Mixed-Use Restaurant and Warehouse

Flexible Mixed-Use Building

Flexible Retail Office Building

FAQs