New - 5 Hours Ago

Property Description

Opportunity knocks in South Buffalo! Located at South Buffalo, this 3-unit property offers immediate income with upside potential. The first-floor unit features a spacious 4-bedroom, 1-bath layout with a full kitchen-ideal for larger households. The second floor consists of two 1-bedroom apartments, providing flexible rental options. Currently, 2 of the 3 units are occupied, generating $1,600/month in rental income (tenant-paid jointly). The third unit is vacant and ready for lease, with projected rents of $900-$1,000/month, offering a clear path to increased cash flow. The property includes a full basement for storage and a decent-sized backyard, adding additional tenant appeal. While the home could benefit from cosmetic updates, it presents a value-add opportunity for investors looking to force appreciation and maximize returns. Whether you're expanding your portfolio or looking for a house-hack opportunity, this property checks the boxes with strong rental potential and room to grow. Don't miss out on this income-producing opportunity!

143 Okell Street | MLS# B1678562

This home located at 143 Okell Street , Buffalo, NY 14220 is currently listed for sale with an asking price of $235,000. This property was built in 1900 and has 6 bedrooms and 3 full baths with 2510 sq. ft. Okell Street is located in the Buffalo Crk Reservation subdivision within the Buffalo school district. Search Buffalo Crk Reservation real estate on www.coldwellbankerprime.com today.

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Open House Saturday May 9th, 1:00pm - 3:00pm

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Property Features

Property Type: Residential -
Basement: Full
Garage: 2
Heating: Gas, ForcedAir
Lot Size: 0.16 Acres
Stories: 2.0
Taxes: $2,614
Year Built: 1900

Feature Descriptions

Appliances: GasWaterHeater
Exterior: AtticCrawlHatchwaysInsulated, Other, SeeRemarks
Flooring: Varies, Vinyl
Lot: Other, Rectangular, RectangularLot, SeeRemarks
Lot Dimensions: 61X117
Parcel#: 140200-133-710-0001-001-000
Parking: TwoOrMoreSpaces
Parking Notes: TwoOrMoreSpaces
Sewer: Connected
Units: 3
Utilities: SewerConnected
Water: Other, SeeRemarks

Local Schools

School District: Buffalo

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Estimated Payment

$ 809.38 per month $523.01 Principal & Interest $217.83 Property Tax $68.54 Homeowner's Insurance

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Red Door Real Estate WNY LLC
Agency Contact: 716-819-6662

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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