Turnkey Multifamily Portfolio Near
For Sale
Contact for pricing
49 Merrimac St 51 Merrimac St 54 Merrimac St, Buffalo, NY 14214
Fully leased, four-unit portfolio near University at Buffalo.
Property SizeContact for details
Days on Market169
Property Features for 49 Merrimac St 51 Merrimac St 54 Merrimac St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
J.R. Militello Realty, Inc.
(716) 856-2872
Listed By:
Michael J. Militello · License #40MI1129459
Source:
Crexi
Added: Mar 6
Changed: Aug 12
Last Checked: Aug 20 at 8:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.R. Militello Realty, Inc.
Investment Insights
Based on property information with market context.
This portfolio comprises three properties, totaling four units, situated minutes from the University at Buffalo. The properties are fully leased and offer a turnkey investment opportunity with steady cash flow. Located in a strong rental neighborhood, each property is well-maintained. This presents an opportunity for investors seeking an income-generating portfolio in a rental market with consistent demand.
Key Highlights
- Fully leased, turnkey investment portfolio for immediate returns
- Located minutes from the University at Buffalo
- Steady cash flow from rental income
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,006
Businesses Nearby
Explore this area
Business Placement
Demographics for 14214, NY
20,732
Population
9,280
Households
2.2
Avg Household Size
32
Median Age
46%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
6,282
Density / Sq Mi
$56,573
Median Household Income
$29,928
Median Earnings
$1,072
Median Rent
$234,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully leased, four-unit portfolio near University at Buffalo.
Where is this multifamily property located?
The property is located at 49 Merrimac St 51 Merrimac St 54 Merrimac St Buffalo, NY.
What is the asking price?
The asking price for this property is $779,700.
What are key features of this property?
This property features: Fully leased, turnkey investment portfolio for immediate returns; Located minutes from the University at Buffalo; Steady cash flow from rental income
