Two-Unit Residential Income
981 Beach Road Buffalo, NY 14225
New
981 Beach Road, Buffalo, NY, 14225
$299,900
For Sale
$299,900
MULTI_FAMILY - Other - Buffalo, NY
Property Size1,856 SF
Lot Size0.14 Acres
Price / SF$161.58
Days on Market2
Property Features for 981 Beach Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bedroom 4
- Parking features
- Open
- Spa
- 1
- Patio and Porch features
- Patio
- Interior features
- CeilingFans, HotTubSpa, Storage
- Exterior features
- Fence, HotTubSpa, Patio
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 143089-080-200-0001-008-000
- Size
- 1,856 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6558
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1952
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Varies, Vinyl
- Building materials
- AluminumSiding, VinylSiding, CopperPlumbing, PexPlumbing
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
WNY Metro Roberts Realty
(716) 559-9972
5687 Main St., cheektowaga, NY
Listed by
Lauren Arnone · License #10401249540
(716) 903-5168
Added: Jul 17 Checked: Jul 18 at 1:06 am
MLS# B1699483
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.
981 Beach Road offers a well-maintained two-unit residential configuration. Each unit provides two bedrooms and one full bathroom, with updated bathrooms, fresh paint, new carpeting, and new flooring. The units also include bright living spaces and functional kitchen layouts with ample cabinetry and counter space.
The property is located in Buffalo, NY near shopping, dining, parks, and major commuter routes, supporting convenient day-to-day access.
With separate utilities for both units, the layout is designed for independent occupancy while keeping the overall property operating as a single, move-in-ready asset.
The property is located in Buffalo, NY near shopping, dining, parks, and major commuter routes, supporting convenient day-to-day access.
With separate utilities for both units, the layout is designed for independent occupancy while keeping the overall property operating as a single, move-in-ready asset.
Key Highlights
- Two‑unit property with 2 bedrooms and 1 full bathroom in each unit
- Separate utilities for both units
- Updates include updated bathrooms, fresh paint, new carpeting, and new flooring in both units
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 | $27.8k | $15.00 |
| − Vacancy | −$1.5k | −$0.83 |
| EGI | $26.3k | $14.17 |
| − OpEx | −$7.9k | −$4.25 |
| NOI | $18.4k | $9.92 |
1,856 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$263.1K
$230.2K – $306.9K
NOI $18,416 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K
NOI $16,963 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$446.3K
$390.5K – $520.7K
NOI $31,243 @ 7.0% cap · market cap 10.42%
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-unit property with two bedrooms and one full bath per unit, plus separate utilities and updated interiors throughout.
Where is this duplex located?
The property is located at 981 Beach Road Buffalo, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit property with 2 bedrooms and 1 full bathroom in each unit; Separate utilities for both units; Updates include updated bathrooms, fresh paint, new carpeting, and new flooring in both units
