South Buffalo Two-Unit
55 S Ogden Street Buffalo, NY 14210
New
MULTI_FAMILY - Other - Buffalo, NY
Property size:
2,214 SFLot size:
0.11 AcresPrice / SF:
$144/SF- Added:
- Jul 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 10 at 8:06 am
Property Features for 55 S Ogden Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Basement, Bedroom 6
- Patio and Porch features
- Patio
- Interior features
- CeilingFans, SlidingGlassDoors, Storage, NaturalWoodwork
- Exterior features
- Awnings, Patio, PrivateYard
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140200-123-670-0001-005-000
- Size
- 2,214 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1935
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Window Unit(s), Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Vinyl, Carpet
- Building materials
- AtticCrawlHatchwaysInsulated, Brick, VinylSiding
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent John Santora III License #10401291249 (716) 908-4304
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Jul 10, 2026
MLS# B1697479
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.
Investment Insights
Based on property information with market context.
This two-unit duplex offers a practical owner-occupied or rental setup, with both units featuring three bedrooms and one full bath. The property includes updated bathrooms and fresh interior paint, along with separate utilities for each unit. A full shared basement provides additional storage, and each unit has its own laundry area. Exterior improvements include a roof replaced in 2011, newer exterior entry doors, maintenance-free vinyl siding, and a newer double-wide concrete driveway providing off-street parking. Outside, there is a private patio area and a storage shed.
Located in South Buffalo at 55 S Ogden Street, the property is described as directly across from a school, with quick access to the NYS Thruway, downtown Buffalo, shopping, restaurants, parks, and other daily conveniences.
With low-maintenance exterior finishes and well-maintained, updated interiors, the property presents a move-in-ready configuration with a shared basement, separate laundry areas, and dedicated utilities for each unit.
Located in South Buffalo at 55 S Ogden Street, the property is described as directly across from a school, with quick access to the NYS Thruway, downtown Buffalo, shopping, restaurants, parks, and other daily conveniences.
With low-maintenance exterior finishes and well-maintained, updated interiors, the property presents a move-in-ready configuration with a shared basement, separate laundry areas, and dedicated utilities for each unit.
Key Highlights
- Two‑unit property in South Buffalo built in 1970 with classic brick front and maintenance‑free vinyl siding.
- Each unit offers 1,107 SF with 3 bedrooms and 1 full bath, plus updated bathrooms and fresh interior paint.
- Separate utilities for both units, with separate laundry areas in a full shared basement.
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 | $22.0k | $9.92 |
2,214 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.8K
$274.6K – $366.1K
NOI $21,968 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$289.1K
$252.9K – $337.3K
NOI $20,235 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$532.4K
$465.9K – $621.2K
NOI $37,270 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two updated units each include three bedrooms and separate utilities, with a shared basement and off-street parking.
Where is this duplex located?
The property is located at 55 S Ogden Street Buffalo, NY.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two‑unit property in South Buffalo built in 1970 with classic brick front and maintenance‑free vinyl siding.; Each unit offers 1,107 SF with 3 bedrooms and 1 full bath, plus updated bathrooms and fresh interior paint.; Separate utilities for both units, with separate laundry areas in a full shared basement.
