Duplex with Covered
5741 Berg Rd, Orchard Park, NY 14218
For Sale
New
$249,900
Each residence has three bedrooms, one bath, and two entrances.
Property Size2,210 SF
Days on Market2
Property Features for 5741 Berg Rd
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
shared front covered front porch
huge back yard
full basement
concrete driveway
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
HUNT Real Estate ERA
Listed By:
Joshua McDougall · License NY #10401336009
(716) 427-4971
Source:
Elliman
Added: Nov 10
Last Checked: Nov 10 at 2:35PM
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 HUNT Real Estate ERA
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1972 duplex in Orchard Park contains more than 2,200 square feet. Both residences have three bedrooms, one bathroom, and two entrances. A shared covered porch fronts the building, while the full basement has separate utilities. The property also includes a concrete driveway and a two-car garage. The building needs work to restore its condition.
Key Highlights
- Over 2,200 square feet in a two‑unit property
- Each residence has 3 bedrooms, 1 bath, and 2 entrances
- Full basement with separate utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,210
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,200
$284.2K
Cap Rate 7%
$203,000
$203.0K
Cap Rate 9%
$157,889
$157.9K
Market Conditions
NOI Build-Up for 2,210 SF
Gross rent
$30.5K $13.80/SF
− Vacancy
−$10.2K −$4.61/SF
EGI
$20.3K $9.19/SF
− OpEx
−$6.1K −$2.76/SF
NOI
$14.2K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,200
Cap Rate 7%
$203,000
Cap Rate 9%
$157,889
Alternative Uses
Best Use
Multifamily LT 5
$203.0K
$177.6K – $236.8K
NOI $14,210 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$182.3K
$159.5K – $212.7K
NOI $12,760 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$483.1K
$422.7K – $563.6K
NOI $33,818 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 14218, NY
20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Erie County, NY
Properties on Market for Duplexes in Erie County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, one bath, and two entrances.
Where is this duplex located?
The property is located at 5741 Berg Rd Orchard Park, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Over 2,200 square feet in a two‑unit property; Each residence has 3 bedrooms, 1 bath, and 2 entrances; Full basement with separate utilities
