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    509 E Utica St Buffalo, NY 14208

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    For Sale
    $139,900

    Turn-key, income-generating 2-unit property with long-term tenants.

    Lot size:
    0.10 Acres

    Property Features for 509 E Utica St

    General Information

    Lot size
    0.10 Acres
    Exterior features
    exterior_features, : ["Sewer Connected", "Water Connected"]
    Interior features
    Interior Feature 1, : "Gas", "Interior Feature 2": "Forced Air", "Interior Feature 3": "Gas Water Heater"

    Building Details

    Year built
    1900

    Source: Soul Side Real Estate Solutions Inc Agent Soul Side Real Estate Solutions Inc

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Duplex in Buffalo

    This income-producing 2-unit property is located in Buffalo’s 14208 neighborhood. The property is a turn-key investment with space, character, and rental performance. Both units are occupied by long-term tenants who recently renewed their leases and are current on rent, generating $2,300 per month in gross income. The home features living areas, high ceilings, original woodwork, and natural light. Both kitchens and bathrooms are functional, and the property offers bedroom sizes throughout. The exterior includes vinyl siding, a wide driveway, covered front porch, upper balcony, and a side yard. Mechanical updates include newer furnaces and hot water tanks. The property delivers potential for long-term growth.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo
    County
    Erie
    State
    New York
    Longitude
    -78.8468276
    Latitude
    42.9107706

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    FAQs

    What type of property is this?
    Duplex - Turn-key, income-generating 2-unit property with long-term tenants.
    Where is this duplex located?
    The property is located at 509 E Utica St Buffalo, NY.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Income-producing property generating $2,300/month gross income from day one.; - Turn-key investment with long-term tenants and renewed leases.; - Newer furnaces and hot water tanks.
    Request Owner's contact information
    509 E Utica St Buffalo, NY 14208
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    Buffalo, NY 14208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 E Utica St Buffalo, NY 14208
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