benny.estate
For SaleMLS # B16550236 days on market

49, 51, 54 Merrimac Street

Buffalo, NY 14214 · Erie County

Price

$799,900

Bed / Bath

14 bd · 4.5 ba

Interior

2,364 sqft

Lot

10,350 sqft lot

Built

1920

About this home

This three-property portfolio, located just minutes from the University at Buffalo, is a fully leased, turnkey investment. 49 Merrimac: 2,364 Sq. Ft. 51 Merrimac: 1,194 Sq. Ft. 54 Merrimac: 1,624 Sq. Ft. The total package includes four units comprised of 14 bedrooms and 4.5 bathrooms, all currently rented with steady cash flow. Each property is well-maintained and situated in a strong rental neighborhood. An ideal opportunity for investors seeking a turnkey, income-generating portfolio in a rental market with consistent demand. Rent includes utilities up to a capped dollar amount per month. Taxes (2025 County/2024-5 School/City), 54 Merrimac was built in 1928.

Interior features

  • Ceiling Fans
  • Storage
  • Natural Woodwork

Exterior features

  • Balcony
  • Fully Fenced
  • Fence
  • Private Yard
  • See Remarks

Appliances

  • Gas Water Heater

Mechanical

Heating

Gas, Baseboard, Forced Air, Hot Water, Radiant, Steam

Schools

District

Buffalo

Tax & finance

Annual taxes

$10,160

Financing

Cash · Conventional

Location

Buffalo, NY 14214 · Erie County

MLS Attribution

Listing courtesy of James R. Militello. Listing agent: Brittany Weber. Data last updated 12/22/2025. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.