71 Condon Avenue
Buffalo, NY 14207 · Erie County
Price
$299,900
Bed / Bath
8 bd · 4 ba
Interior
3,814 sqft
Lot
3,149 sqft lot
Built
1928
↓ Reduced from $329,900
About this home
Calling ALL investors... **3 of 4 OCCUPIED 4-UNIT INVESTMENT PROPERTY was generating $54,000 when fully occupied but can generate even more with a new tenant in annual gross rental income!** Located in Buffalo’s Riverside neighborhood near the Niagara River and Riverside Park, this income-producing multi-family offers an attractive combination of established cash flow, separate utilities and future upside. Each of the four apartments features 2 bedrooms and 1 full bath, creating a consistent and desirable unit mix. Current rents total $3400.00/month w one vacant unit. 2 month-to-month tenancy units at $1,200 each, plus one long term tenant, month-to-month and $1,000. Separate gas and electric utilities add to the property’s investment appeal. The building also features two separate full basements and a massive walk-up attic offering substantial additional storage. Situated on a spacious corner parcel with a large yard, the property may also offer potential to create off-street parking, subject to applicable zoning, approvals and permitting—an attractive opportunity to further enhance tenant convenience and long-term value. Whether adding to an existing portfolio or purchasing a first multi-family investment, this 3 of 4 occupied Buffalo 4-unit offers immediate rental income with additional upside potential. Some photos have been de-cluttered using ai. Offers reviewed as they come. Showings start immediately.
Appliances
- Gas Water Heater
Mechanical
Heating
Gas, Forced Air
Schools
District
Buffalo
Tax & finance
Annual taxes
$4,278
Financing
Cash · Conventional
MLS Attribution
Listing courtesy of Towne Housing Real Estate. Listing agent: Kunji Maya Rey. Data last updated 9/24/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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