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6 Beds
3 Baths
2,941 sqft

$249,000

41 Allegany Street, Buffalo NY, 14220

Price per sqft$84.67
Built in1930
Property size2,941 sqft
Property typeMulti-family

Overview

Active

Listed Oct 30, 2026

Updated 10h ago

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!

$1,657/mo

Est. mortgage payment based on a $249,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B1726028

Interior Features

Bedrooms
6
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$3,329
Tax Frequency
Annually
Municipality
Not Applicable
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Courtesy of MLS Nation Realty LLC, Thomas J Mazzone

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), David Pascucci, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 3:34 PM UTC, 10/30/2026

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