215 Allen St Buffalo, NY 14201

This exceptional investment opportunity in Buffalo, NY, presents three architecturally significant properties totaling 15,257 square feet on Allen Street in the desirable Allentown neighborhood. The portfolio comprises a six-unit apartment building and two single-family homes, creating a diverse income stream. Five of the six units are currently vacant, allowing a new owner to establish market-rate rents. The property benefits from its proximity to Buffalo's thriving medical campus and bustling downtown area. Each unit has undergone tasteful renovations, preserving original architectural details while incorporating modern conveniences such as updated kitchens and bathrooms. The six-unit building is a two-story structure built in 1890. Heat is included for tenants in the main building. Showings are available for vacant units only, with access to occupied units following an accepted offer. The annual sewer rent is $1,836.85. The asking price for this portfolio is $1,250,000, representing a price per square foot of $81.93. This 1031 exchange eligible property offers a compelling combination of historical charm, modern updates, and a highly desirable location.