benny.estate
For SaleMLS # B17102637 days on market

203 Auburn Avenue

Buffalo, NY 14213 · Erie County

Price

$225,000

Bed / Bath

5 bd

Interior

4,739 sqft

Lot

3,311 sqft lot

Built

1910

↓ Reduced from $250,000

About this home

Ready, set, invest. Seize this exceptional, fully stabilized 5-unit multi-family asset located in one of Buffalo’s most resilient and high-demand rental pockets. Engineered for immediate cash flow, this turnkey offering delivers the rare trifecta of strength, scale, and a projected 10%+ cap rate. Property Highlights & Capital Improvements: Wrapped in low-maintenance vinyl siding, ensuring long-term curb appeal and reduced exterior upkeep costs. Features a newer architectural roof, offering peace of mind and substantial capital preservation for years to come. Solid, well-maintained mechanicals tailored to stand up to tenant turnover and the Western New York climate. Turnkey Operations: Fully optimized for immediate onboarding—generate revenue from day one. Buffalo continues to rank as a premier Midwest/Rust Belt market for savvy real estate investors, driven by robust renter demand, affordable entry points, and strong yields. Cap Rate: Approaching 10% at current market rents, making this a powerhouse addition to any scaling or cash-flowing portfolio. A rare 5-unit configuration that maximizes income potential while remaining manageable for remote or local management teams. Owner pays most utilities. Equal Housing Opportunity !

Appliances

  • Gas Oven
  • Gas Range
  • Gas Water Heater
  • Refrigerator
  • See Remarks

Mechanical

Heating

Gas, Forced Air

Schools

District

Buffalo

Tax & finance

Annual taxes

$6,749

Financing

Cash · Conventional

Location

Buffalo, NY 14213 · Erie County

MLS Attribution

Listing courtesy of Iconic Real Estate. Listing agent: Ayat Nieves. Data last updated 9/2/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.