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Listed price in listed location currency (USD).
$159,000

520

MLS® B1682056

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2016 sqft
Garage 
Taxes $2,926
Days Active 0
Lot Size 
Approx. Age 1901
Avg. Price Per Sqft $78
MLS® Number B1682056

Property Address: 81 Aldrich Place, Buffalo, NY, 14220

Average square foot calculated using Size range provided by listing agent.

Description

81 Aldrich Place, Buffalo, NY 14220 South Buffalo 2-Family Cash Flow Opportunity – Upper 2-Bed+1study+utility room Unit Vacant & Ready to Rent. Located on a quiet, well-maintained street in desirable South Park / South Buffalo, this classic 2-unit multifamily (approx. 2, 016 sq ft total) offers immediate income upside with the upper 2-bedroom unit currently vacant. The lower unit is a spacious 3-bedroom with updates including kitchen, bath, and first-floor laundry, plus a large living room and big backyard. Key Investment Highlights:Strong Rental Demand: South Buffalo continues to see steady rental growth with median rents around $1, 250–$1, 300/month in the neighborhood. A well-presented upper 2-bed can realistically target $1, 000–$1, 300/month, while the lower 3-bed supports similar or higher pricing, delivering potential gross rents of $2, 200–$2, 600+/month once stabilized. Immediate Cash Flow Potential: Vacant upper unit means you can lease it quickly and start collecting rent right away — perfect for investors seeking low vacancy and fast ROI. Affordable Entry + Appreciation: South Buffalo remains one of Buffalo’s most accessible neighborhoods for investors, with solid long-term value growth driven by community strength, proximity to parks, South Park Avenue amenities, and the city’s broader revitalization. Buffalo’s rental market stays resilient with consistent demand from local workers, families, and newcomers. Low-Maintenance Character Home: Built in 1901 with classic Buffalo double features — separate entrances, yard space, and room for cosmetic/value-add updates that can boost rents and equity quickly. Whether you’re looking for a house hack, portfolio addition, or strong cash-flowing asset with sweat-equity upside, 81 Aldrich Place delivers a low-barrier entry into a proven Buffalo rental market. Quiet street, established neighborhood, and one unit ready to occupy = reduced holding costs and quicker stabilization.
MLS® NumberB1682056
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1901
BasementFull
DrivewayNo Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 30, 2026List Date
$159,000List Price
  • Commute

Commute

Starting Address
Destination Address
81 Aldrich Place, Buffalo, NY

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