93 Farmer St, Buffalo, NY 14207

Description

Investor Opportunity: 93 Farmer St, Buffalo, NY 14207 (Black Rock Neighborhood)Turnkey Cash-Flow Single-Family with Strong Upside PotentialThis 4-bedroom, 1-bath, 1,750 sq ft home (built 1910) sits on a 5,000+ sq ft lot in Buffalo’s established Black Rock neighborhood — an affordable, renter-friendly area with solid demand from working families and proximity to employment centers, transit, and revitalization corridors.

Key Investment Highlights:Low Acquisition Basis: Last sold for $63,000 in 2022; current estimates range $108K–$143K, offering room for immediate equity through light updates.


Rental Potential: Spacious layout supports strong rents — Zestimate around $1,788/month. Black Rock median rents hover ~$1,100–$1,800 depending on condition and bedrooms, delivering attractive cash-on-cash returns in a market known for favorable price-to-rent ratios.


Recent Updates (per prior listing): Newer roof/gutters (2012), updated electric, Anderson windows, water main replacement, aluminum siding, and more. Fenced yard with fruit trees adds tenant appeal and low-maintenance outdoor space.

Low Carrying Costs: Annual taxes ~$657 — very manageable for investors.

Market Tailwinds: Buffalo ranks among the top U.S. markets for 2026 investment due to affordability, rental demand, and steady appreciation potential amid city revitalization. Black Rock offers a stable rental pocket with ongoing interest from both owner-occupants and investors.

Perfect for:House hacking (live in one bedroom, rent the rest)
Buy-and-hold rental
Light rehab/flip for quick equity

This property delivers immediate cash flow + forced appreciation in a resilient Rust Belt market that continues to attract investors seeking high yields without coastal price tags. Ideal entry point for portfolios looking to scale in Buffalo’s strong 2026 outlook.