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$249,000
Monthly Est:$1,239
6 Beds
3 Baths3 full baths
2,941sqft
41 Allegany St, Buffalo, NY 14220
$249,000
$1,239/moEst:
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Multi Family
Built in 1930
$-- HOA
0.09 acre lot
$85/sq.ft
Description
Excellent investment opportunity in South Buffalo! This unique property features two separate buildings on one lot with three residential units, offering multiple streams of rental income. The front house consists of a recently remodeled two-bedroom lower unit currently rented for $900/month and a one-bedroom upper unit currently rented for $550/month both month to month. The rear building is a separate three-bedroom single-family home, completely renovated in Oct 2026, with projected rental income of at least $1,200/month. The property currently generates $1,450/month in rental income, with potential gross monthly income of approximately $2,650 and annual gross income of $31,800 or more once all units are rented. A fantastic opportunity for investors seeking immediate cash flow with additional income potential. Conveniently located in South Buffalo near shopping, restaurants, parks, schools, and major roadways. Don't miss this opportunity to own a versatile, income-producing property with three separate living units!
- Houzeo last checked: 3 hours ago
- Listing updated: November 1, 2026 at 1:12 pm
- Listing Provided by: Thomas J Mazzone (716) 310-3102 DRE #10491213404, Jill M Dorr (716) 310-4269 DRE #10401398506 | MLS Nation Realty LLC (888) 657-4968
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: B1726028
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
2,941 sqft
Lot Size
0.09 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
B1726028
MLS Status
Active
Days on Market
6
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Interior
Flooring
Carpet, Hardwood, Laminate, Varies
Exterior Features
Balcony, Fence
Heating
Gas, Forced Air, Wall Furnace
Appliances
Gas Water Heater
Sewer
Connected
Construction
Year Built
Year Built: 1930
Home type
Multi Family
Construction Materials
Wood Siding, Copper Plumbing, Pex Plumbing
Architectural Style
Row House, Triplex
Foundation Details
Block, Poured
Property Condition
Resale
Roof
Asphalt
Utilities & Energy
Electric
Circuit Breakers
Laundry Features
Washer Hookup
Basement
Full, Sump Pump
Parking Features
On Street, Two Or More Spaces
Water Source
Connected, Public
Utilities
Sewer Connected, Water Connected
Other Features
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Patio And Porch Features
Balcony, Open, Porch
Subdivision Name
Buffalo Crk Reservation
Price History
| Date | Event | Price |
|---|---|---|
10/30/2026 Source: | Listed for Sale | $249,000 $85/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Nov 05, 2026, 12:45PM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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