Property Description

Investor Opportunity: 64 Wyandotte Avenue, Buffalo, NY 14207, this turnkey 2-family duplex in the established Riverside neighborhood offers immediate cash flow and strong value-add potential.The property features 1,804 sq ft across two units with a total of 4 bedrooms and 2 bathrooms on a 0.15-acre lot. Built in 1922, it has the classic solid construction common in Buffalo's West Side - perfect for investors who want to complete light cosmetic updates and increase rents quickly. Why This Property Makes Sense:Strong Rental Upside: The Riverside area supports total monthly rents of $2,300 - $2,700 once both units are stabilized (roughly $1,150-$1,350 per unit). At $177k, this delivers a projected gross yield of 15%+ before expenses. Favorable Comps: A very similar multi-family property just down the street at 78 Wyandotte Ave (2,000 sq ft) sold for $195,000 in late 2025. Riverside neighborhood median sale prices are currently around $165,000, making this a well-positioned asking price for a larger 6-bedroom duplex. Equity Building Potential: Buffalo's continued revitalization, waterfront projects, and tight rental inventory are driving steady appreciation in 14207. This price leaves room for forced appreciation through modest renovations. Location Advantages: Convenient access to highways, parks, downtown Buffalo, and employment centers. High renter demand from working families keeps vacancy rates low in this pocket. This is a classic Buffalo investor asset: low purchase price relative to replacement cost, reliable rental demand, and clear path to increased cash flow and equity. Whether you're looking for portfolio cash flow or a value-add flip, 64 Wyandotte Ave represents a realistic entry point with solid upside in a proven rental market.

Property Features

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