320 Fonda Dr, Buffalo, NY 14225

Description

SHOWINGS WILL ONLY BE AT THE SCHEDULED OPEN HOUSE- Sunday April 12th 230-430pm. Turnkey, income-producing duplex offering immediate cash flow, strong fundamentals, and long-term stability! Situated on a spacious corner lot totaling approximately 0.47 acres, this well-maintained 2-unit property combines solid financial performance with highly desirable exterior features that attract and retain quality tenants. The property generates $2,150/month in rental income, with the lower 3-bedroom unit renting for $1,250 and the upper 2-bedroom unit for $900 both tenants pay their own utilities, keeping operating expenses low and predictable. The home features a maintenance-free exterior, along with major updates already completed including the roof, windows, and siding~ minimizing future capital expenditures. Additional exterior highlights include a 2-car garage and a double-wide driveway providing ample off-street parking, a key convenience for tenants. Inside, the lower unit offers three bedrooms, one full bath, a spacious living room, and a kitchen with a clean, neutral palette. The upper unit includes two bedrooms, one full bath, a good size living room, and attractive hardwood floors. Both units are equipped with central air and have access to laundry hookups in the basement, adding to tenant comfort and long-term appeal. Located in the desirable Maryvale School District, this property is just minutes from Buffalo Niagara International Airport, major thruways, shopping, dining, and everyday conveniences, making it a consistently attractive rental location with strong occupancy potential. With annual taxes totaling $6,412 and long-term tenants who pay on time and take pride in their units, this is a rare opportunity to acquire a stabilized, low-maintenance asset with dependable income from day one. Delayed Showings Wednesday April 8th 5PM. Negotiations start Monday 4.13 at 12pm