Quadplex with New
For Sale
$349,900
Pending
6 Springfield Drive, Cheektowaga, NY 14225
Residential, Cheektowaga, NY
Property Size3,380 SF
Lot Size0.16 Acres
Days on Market95
Property Features for 6 Springfield Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential 2 Unit
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 8, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 1
Appliances
GasWaterHeater
Subdivision
Holland Land Company's Su
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Cleveland Hill
Middle school district
Cleveland Hill
High school district
Cleveland Hill
Standard status
Pending
APN
143089-091-100-0004-013-000
Size
3,380 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
6006
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
first-floor laundry rooms
Building Details
Year built
1947
Floors in Building
2
Number of units
4
Flooring type
Laminate, Hardwood, Tile, Varies
Building materials
VinylSiding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Mootry Murphy & Burgin Realty Group LLC
(716) 534-8495
Listed By:
HaroldKraven Weeks · License #10301224078
(716) 400-4007
Added: Jul 21
Changed: Oct 20
Last Checked: Oct 23 at 1:06PM
MLS# B1699198
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.
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Investment Insights
Based on property information with market context.
This quadplex contains four apartments with a consistent two-bedroom, one-bath layout. Each unit includes an eat-in kitchen, living room, and first-floor laundry area. The property offers 3,380 square feet on a 0.16-acre lot, with vinyl siding, asphalt roofing, forced-air natural gas heat, and public water. Hardwood, laminate, and tile flooring are present across the units.
Constructed in 1947, the building received a new roof in 2025. The property is situated in Cheektowaga near major expressways, shopping centers, malls, and the airport. Its single-building, four-unit configuration provides a consolidated residential income property rather than multiple separate locations.
Constructed in 1947, the building received a new roof in 2025. The property is situated in Cheektowaga near major expressways, shopping centers, malls, and the airport. Its single-building, four-unit configuration provides a consolidated residential income property rather than multiple separate locations.
Key Highlights
- Four apartments with identical two‑bedroom, one‑bath layouts
- 3,380 square feet on a 0.16‑acre lot
- New roof installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,732
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,640
$434.6K
Cap Rate 7%
$310,457
$310.5K
Cap Rate 9%
$241,467
$241.5K
Market Conditions
NOI Build-Up for 3,380 SF
Gross rent
$46.6K $13.80/SF
− Vacancy
−$15.6K −$4.61/SF
EGI
$31.0K $9.19/SF
− OpEx
−$9.3K −$2.76/SF
NOI
$21.7K $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%
$434,640
Cap Rate 7%
$310,457
Cap Rate 9%
$241,467
Alternative Uses
Best Use
Multifamily LT 5
$310.5K
$271.7K – $362.2K
NOI $21,732 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$278.8K
$243.9K – $325.3K
NOI $19,515 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$738.9K
$646.5K – $862.0K
NOI $51,722 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 14225, NY
34,066
Population
16,253
Households
2.1
Avg Household Size
41
Median Age
29%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,962
Density / Sq Mi
$65,562
Median Household Income
$44,408
Median Earnings
$937
Median Rent
$154,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Each matching apartment includes two bedrooms, one bath, an eat-in kitchen, living space, and laundry on the first floor.
Where is this quadplex located?
The property is located at 6 Springfield Drive Cheektowaga, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Four apartments with identical two‑bedroom, one‑bath layouts; 3,380 square feet on a 0.16‑acre lot; New roof installed in 2025
