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Property profile & analytics
FOR SALE
Triplexes

31 Elkhart St Buffalo, NY 14218

Built 1905
Property ID
US63-0188843
Property summary
AI-generated overview

Investment Opportunity on a Rare Double Lot! Welcome to 31-33 Elkhart Street in Lackawanna, a well-maintained triplex situated on a rare double lot. Owned and meticulously cared for by the same owner for more than 20 years, this property offers immediate income potential along with the added convenience and flexibility that extra outdoor space provides. The triplex features an attractive unit mix consisting of one spacious 3-bedroom, 1-bath apartment, one 1-bedroom, 1-bath apartment, and one studio apartment, providing strong rental appeal across multiple tenant demographics. Residents also enjoy access to a common coin-operated laundry area, creating an additional income stream for ownership. Significant capital improvements have already been completed, including a newer electrical service line, updated electrical panels and panel boxes, extensive rewiring, and updated copper plumbing, helping provide peace of mind for the next owner. One of the standout features of this property is the expansive double lot, currently utilized as off-street tenant parking. The extra space provides a valuable amenity for tenants while enhancing the overall functionality and appeal of the property. This income-producing property offers investors a unique combination of rental income, tenant-friendly amenities, and long-term pride of ownership. Whether you’re looking to add to your existing portfolio or purchase your first investment property, 31-33 Elkhart Street presents an opportunity you won’t want to miss. Showings begin at the Open House on Thursday, June 18th from 5:00 PM to 7:00 PM. bikeScore: 56, Bikeable walkScore: 65, Somewhat Walkable transitScore: 31, Some Transit

Property profile
Verified
Property type Triplexes
Year built 1905
UPID US63-0188843
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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