Active
20 Richlawn Avenue, Buffalo NY 14215
MLS# B1716640
$179,900
Price
4
Beds
2
Baths
1,920
Living Area (Sq.Ft.)
0.083
Lot Area (Acres)
$179,900
Price
4
Beds
2
Baths
1,920
Living Area (Sq.Ft.)
0.083
Lot Area (Acres)
An exceptional opportunity to acquire a well-maintained, income-producing 2 unit with strong rental fundamentals and additional land included. Offering 1,920 square feet of living space, this property provides the flexibility to generate income from both units or occupy one residence while offsetting expenses with rental income from the other. <br> <br>A significant added benefit is the separate 30' x 121' vacant lot, included with the sale. The additional parcel creates potential for future use, expansion, or other investment strategies, subject to applicable zoning and approvals. <br> <br>The lower unit has been thoughtfully renovated while preserving the property's original character, featuring custom kitchen cabinetry, natural woodwork, replacement windows, and a beautifully updated bathroom. The upper unit also benefits from replacement windows, enhancing energy efficiency and long-term tenant appeal. <br> <br>Major capital improvements further strengthen the property's investment profile, including a tear-off roof completed more than seven years ago, blown-in insulation, newer furnaces, and new hot water tanks installed in 2026. Each unit also features its own private porch, providing desirable outdoor space for residents. <br> <br>The property is currently occupied by long-term tenants who have expressed a desire to remain, offering an opportunity for continued rental income from day one with established tenancy already in place. <br> <br>With established rental demand, meaningful capital improvements, quality updates, and a vacant lot offering additional potential, this property presents a compelling opportunity for investors seeking an income-producing asset with both current cash-flow potential and long-term value creation opportunities
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1920
Parcel Number
140200-090-460-0001-005-000
Unit Number
--
Subdivision Name
Holland Land Company's Su
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Lot Size Dimensions
30X121
Stories
2
Bath Rooms Full
2
Property Condition
Resale
Elementary School District
Buffalo
Middle Or Junior School District
Buffalo
High School District
Buffalo
Location
Listing Agent
Ranaiah Sunstar
Listing Office
Red Door Real Estate WNY LLC
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional, F H A, Va Loan
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-09-21
Owner Pays
Snow Removal, Trash Collection
Rent Includes
Snow Removal, Trash Collection
Fire Places Total
0
Interior Features
Ceiling Fans, Natural Woodwork
Flooring
Ceramic Tile, Hardwood, Varies, Vinyl
Laundry Features
Washer Hookup
Heating
true
Heating Features
Gas, Forced Air
Appliances
Gas Water Heater
Electric
Circuit Breakers
Garage
true
Garage Spaces
2
Architectural Style
Duplex
Exterior Features
Deck
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt, Shingle
Utilities
Sewer Connected, Water Connected
Parking Features
Concrete, Two Or More Spaces
Foundation Details
Block
Basement
Full
Construction Materials
Blown In Insulation, Shake Siding, Wood Siding, Pex Plumbing
Patio And Porch Features
Covered, Deck, Porch
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.