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Property Description

Fully occupied Village of Kenmore triplex generating $33,660 in annual gross rental income with major capital improvements already completed, including a brand new tear off roof installed in June 2026. An outstanding investment opportunity offering immediate cash flow in one of Western New York's most desirable rental markets. All three tenants are currently month to month, providing investors with valuable flexibility while benefiting from an established tenant base. Current rental income totals $2,805 per month ($33,660 annually) with all utilities currently included. The property features 3 spacious apartments. The 1st floor offers 2 separate 1 bedroom units, while the 2nd floor features a generous apartment with a flexible floor plan that can function as either a 1 or 2 bedroom layout, with the additional room currently being used as a playroom. Each unit offers spacious living areas filled with natural light and timeless character, creating long term tenant appeal. Beautiful original woodwork, hardwood flooring, classic architectural details, and generous room sizes showcase the charm expected in a Village of Kenmore property. The lower front apartment enjoys a large covered front porch, while the upper apartment features its own private rear deck, offering desirable outdoor living spaces for tenants. A vinyl sided detached two car garage provides shared off street parking and additional storage. Investors will appreciate the numerous recent improvements, including a brand new tear off roof completed in June 2026, covering both the main roof and rear porch roof. The welcoming front porch was done in 2025, adding to both curb appeal and long term value. Additional improvements include some newer windows throughout the property. Delayed showings begin Thursday, July 9th at the Open House from 5:00 PM to 7:00 PM. Additional Open Houses will be held Saturday, July 11th from 11:00 AM to 1:00 PM and Sunday, July 12th from 1:00 PM to 3:00 PM. Showings will only be doing open houses Negotiations begin Monday, July 13th at 12:00 PM.

169 Parkwood Avenue | MLS# B1695014

This home located at 169 Parkwood Avenue , Buffalo, NY 14217 is currently listed for sale with an asking price of $249,000. This property was built in 1926 and has 4 bedrooms and 3 full baths with 1936 sq. ft. Parkwood Avenue is located within the Kenmore-Tonawanda Union Free District school district. Search Buffalo real estate on www.coldwellbankerprime.com today.

Upcoming Open Houses

Open House Thursday July 9th, 5:00pm - 7:00pm

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Property Features

Property Type: Residential - Multiple
Basement: Full, SumpPump
Garage: 2
Heating: Gas, Radiators
Home Style: Triplex
Lot Size: 0.09 Acres
Roof Type: Architectural, Membrane, Rubber, Shingle
Stories: 1.0
Taxes: $6,121
Year Built: 1926

Amenities

CeilingFans
NaturalWoodwork
Deck
PrivateYard
SeeRemarks

Feature Descriptions

Appliances: GasWaterHeater
Exterior: CompositeSiding, CopperPlumbing
Flooring: Carpet, Hardwood, Laminate, LuxuryVinyl, Varies
Laundry: WasherHookup
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 38X104
Parcel#: 146401-078-320-0007-007-000
Parking: Paved, TwoOrMoreSpaces
Parking Notes: Paved, TwoOrMoreSpaces
Patio/Porch: Covered, Deck, Open, Porch
Sewer: Connected
Units: 3
Utilities: ElectricityConnected, HighSpeedInternetAvailable, SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

High School: Kenmore West Senior High
Middle School: Herbert Hoover Middle
Elementary School: Charles A Lindbergh Elementary
School District: Kenmore-Tonawanda Union Free District

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Estimated Payment

$ 1,136.87 per month $554.17 Principal & Interest $510.08 Property Tax $72.63 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: eXp Realty
Agency Phone: 888-276-0630

Shown By

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

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