Duplex with Full
For Sale
$229,900
Pending
68 Chadduck Avenue, Buffalo, NY 14207
Two separate residences share a detached garage that provides additional parking and storage.
Property Size1,656 SF
Days on Market9
Property Features for 68 Chadduck Avenue
General Information
Standard status
Pending
Size
1,656 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,942
Amenities
full basement
detached garage
Building Details
Building Size
1,656 SF
Year Built
1925
Listing Agency:
Atlas Realty Trading Co LLC
Listed By:
Tamara M Mears · License #10401378779
(716) 435-5612
Source:
Highfallssir
Added: Sep 28
Changed: Oct 3
Last Checked: Oct 5 at 11:23PM
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 Atlas Realty Trading Co LLC
Investment Insights
Based on property information with market context.
Built in 1925, this duplex contains two units, each configured with two bedrooms and one full bathroom. The property offers approximately 1,656 square feet of living area, along with a full basement.
A detached garage adds parking and storage space. The two-unit layout and basement are the primary physical features of the property.
A detached garage adds parking and storage space. The two-unit layout and basement are the primary physical features of the property.
Key Highlights
- Two‑unit duplex, with two bedrooms and one full bathroom in each residence
- Approximately 1,656 square feet of living space
- Full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,432
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,640
$328.6K
Cap Rate 7%
$234,743
$234.7K
Cap Rate 9%
$182,578
$182.6K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$24.8K $15.00/SF
− Vacancy
−$1.4K −$0.83/SF
EGI
$23.5K $14.17/SF
− OpEx
−$7.0K −$4.25/SF
NOI
$16.4K $9.92/SF
Area
Buffalo, NY
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,640
Cap Rate 7%
$234,743
Cap Rate 9%
$182,578
Alternative Uses
Best Use
Multifamily LT 5
$234.7K
$205.4K – $273.9K
NOI $16,432 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$216.2K
$189.2K – $252.3K
NOI $15,135 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$398.2K
$348.5K – $464.6K
NOI $27,876 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 14207, NY
26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences share a detached garage that provides additional parking and storage.
Where is this duplex located?
The property is located at 68 Chadduck Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two‑unit duplex, with two bedrooms and one full bathroom in each residence; Approximately 1,656 square feet of living space; Full basement
