Active
49, 51, 54 Merrimac Street, Buffalo NY 14214
MLS# B1655023
$799,900
Price
14
Beds
5
Baths
5,182
Living Area (Sq.Ft.)
0.238
Lot Area (Acres)
$799,900
Price
14
Beds
5
Baths
5,182
Living Area (Sq.Ft.)
0.238
Lot Area (Acres)
This three-property portfolio, located just minutes from the University at Buffalo, offers a fully leased, turnkey investment. <br> <br>The 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. <br> <br>An ideal opportunity for investors seeking a turnkey, income-generating portfolio in a rental market with consistent demand. <br> <br>Rent includes utilities up to a capped dollar amount per month. Taxes (2025 County/2024-5 School/City), Building and Lot square footages are the total of all Three (3) properties. 54 Merrimac was built in 1928.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1920
Parcel Number
140200-079-460-0005-013-000
Unit Number
--
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Lot Size Dimensions
60X115
Stories
2
Community Features
TrailsPaths
Bath Rooms Full
4
Bath Rooms Half
1
Property Condition
Resale
Elementary School District
Buffalo
Middle Or Junior School District
Buffalo
High School District
Buffalo
Location
Listing Agent
Brittany Weber
Listing Office
James R. Militello
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow,SubjectToTenantRights
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-12-16
Owner Pays
Other, See Remarks
Rent Includes
Other, See Remarks
Gross Income
85680
Net Operating Income
50520
Fire Places Total
0
Interior Features
Ceiling Fans, Storage, Natural Woodwork
Flooring
Hardwood, Varies
Laundry Features
Common Area, Washer Hookup
Heating
true
Heating Features
Gas, Baseboard, Forced Air, Hot Water, Radiant, Steam
Appliances
Gas Water Heater
Electric
Circuit Breakers
Garage
--
Garage Spaces
0
Architectural Style
Other, See Remarks, Fourplex
Exterior Features
Balcony, Fully Fenced, Fence, Private Yard, See Remarks
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt
Utilities
High Speed Internet Available, Sewer Connected, Water Connected
Parking Features
Parking Available, Two Or More Spaces
Basement
Full, Sump Pump
Construction Materials
Composite Siding, Vinyl Siding, Copper Plumbing
Fencing
Full,Partial
Patio And Porch Features
Balcony
No schools found
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.
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.