Listing Details
/src/Template/Element/listing/actions.ctp (line 87)
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PublicRemarks => 'Exceptional 9-unit investment opportunity in Buffalo's desirable Kaisertown neighborhood! This 12,212 sq ft building features 2 three-bedroom and 7 two-bedroom apartments with minimal common areas, maximizing rental space. Current occupancy of 7 units with stable tenants who are current on leases and want to stay. Strong financials show $104,340 potential gross income, $66,124.55 NOI, delivering an impressive 9.45% cap rate at $700,000 asking price. After debt service, projected annual cash flow of approximately $20,000 with room for rent increases. Premium tenant amenities include separate gas/electric utilities, private entrances, in-unit laundry hookups, and off-street parking. Kaisertown offers the perfect blend of affordability and accessibility with excellent highway access via I-190 and I-90 for convenient commuting throughout Western NY and beyond. This close-knit, family-friendly neighborhood features walkable Clinton Street with local businesses, restaurants, and essential services. Outstanding location amenities include Lovejoy Pool across the street, adjacent laundromat, Carbone's Pizza less than a block away, walking distance to PS 43 school, nearby Buffalo Olde Brewery, and La Verdad Cafe. The Buffalo River provides recreational opportunities while Houghton Park and Seneca Bluffs offer additional outdoor activities. Positioned near emerging job centers like Larkinville and Riverbend Project, Kaisertown represents an "opportunity neighborhood" with strong potential for appreciation and rental growth. This turnkey investment combines immediate cash flow with long-term upside in Buffalo's evolving market.'
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Real Estate is my true passion! I’ve bought, sold, rented, leased, flipped residential and commercial properties during the 12+ years I’ve been a licensed Realtor in New York State.
I know that once you have made a decision to buy or sell, you want to make it happen now. It's my goal to make your experience pleasant, comfortable and fun. I am flexible, committed and pride myself on being available on-your-schedule.
When selling, my marketing strategy is personalized utilizing the latest up to date professional tools to best fit and showcase your property.
When buying, I make sure you understand and see all possible options to best fit your budget and desired timeframe.
My expertise and attention to detail will help you achieve your desired real estate goals. Bottom line…if you’re looking to buy or sell a home in the Greater Rochester Area call, text or email me today!
My family…
My wonderful husband Robert has been building trains for Alstom Transportation for the past 20 years. I am the mother of two actively involved children, Nadia and Alex. When I am not working Real Estate, I am their chauffeur.
Aside from real estate…
I am a yogi and I love to snow board during the winter months. Both of these activities keep me grounded, focused and appreciative of every moment we have on this beautiful planet.
The finest compliment I can receive is a referral from you. Thank you for your trust!',
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Listing Details
| Agent | Nicholas Giambra |
|---|---|
| Phone | 716-239-6432 |
| Tax Assessment | $243,000.00 |
| Est. Annual Taxes | $5,948.00 |
| Water Source | Public |
| Sewer | PublicSewer |
| Days on market | 69 |
| Cummulative Days on market | 59 |
| Elementary School | Buffalo |
| Middle School | Buffalo |
| High School | Buffalo |
| Major Change | NewListing |
| Last Modified | Jul 2, 2025, 4:27 AM |
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Acquisition:
Income
Expenses
Financing
Results
Cash Investment
Income
Expenses
Net Operating Income
Loan Service
Cash Flow
Cap Rate
Cash-On-Cash
Property Description
Exceptional 9-unit investment opportunity in Buffalo's desirable Kaisertown neighborhood! This 12,212 sq ft building features 2 three-bedroom and 7 two-bedroom apartments with minimal common areas, maximizing rental space. Current occupancy of 7 units with stable tenants who are current on leases and want to stay. Strong financials show $104,340 potential gross income, $66,124.55 NOI, delivering an impressive 9.45% cap rate at $700,000 asking price. After debt service, projected annual cash flow of approximately $20,000 with room for rent increases. Premium tenant amenities include separate gas/electric utilities, private entrances, in-unit laundry hookups, and off-street parking. Kaisertown offers the perfect blend of affordability and accessibility with excellent highway access via I-190 and I-90 for convenient commuting throughout Western NY and beyond. This close-knit, family-friendly neighborhood features walkable Clinton Street with local businesses, restaurants, and essential services. Outstanding location amenities include Lovejoy Pool across the street, adjacent laundromat, Carbone's Pizza less than a block away, walking distance to PS 43 school, nearby Buffalo Olde Brewery, and La Verdad Cafe. The Buffalo River provides recreational opportunities while Houghton Park and Seneca Bluffs offer additional outdoor activities. Positioned near emerging job centers like Larkinville and Riverbend Project, Kaisertown represents an "opportunity neighborhood" with strong potential for appreciation and rental growth. This turnkey investment combines immediate cash flow with long-term upside in Buffalo's evolving market.
Details
Utilities:
Sewer Connected, Water Connected
Cooling:
Other, See Remarks
Heating:
Other, See Remarks
Lot Dimensions:
74 X132
Lot Size:
0.2242
Roof:
Flat, Membrane, Rubber
Sewer:
Public Sewer
Water:
Public
Agnieszka Bajan
585 519-2139 agnieszka.bajan@gmail.com
If you'd like more information, please let me know how to contact you: