Active

71 Condon Avenue

Buffalo, NY 14207
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Bed 8

Bed

Bath 4

Bath

SqFt3,814

Sqft

Acres0.07

Acre(Lot)

Calling ALL investors... **FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY generating $54,000 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 $4,500/month: two leased units at $1,200 each, plus month-to-month units at $1,100 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 par cel 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 fully 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.

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Detail Ic Property Details

Property Type : Residential

Price : $389,900

AD Id : 89685296

MLS Id : B1706940

Beds : 8

Lot Size : 0.07 Acre

Living Area Size : 3,814

Year Built : 1928

County : Erie

Subdivision: Heathwood

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Hardwood, Laminate, Varies, Vinyl
  • Interior Features

    Appliances: Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air

  • Building Information

    Year Built: 1928 Building Area Total: 3814 Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 30X105 Main Square Feet: 0.0723 Acres Lot Size Acres: 0.0723 Lot Size Square Feet: 3150 Lot Description: Near Public Transit, Rectangular Lot

    Property Information

    Subdivision: Jones Tr Source Property Type: Residential Property SubType: Multi Family Levels: Two Property Age: 98

  • Listing Price Information

    Listing Price: $389900 Cash, Conventional

  • Tax Information

    Parcel Number: 140200-077-400-0006-015-000 Tax Lot: 15 Annual Tax: $4278

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
62 Greeley Street, Buffalo, NY, 14207 $239,900 4 2 1,920 1,920 SqFt
145 Grote Street, Buffalo, NY, 14207 $170,000 6 2 2,158 2,158 SqFt
98 Howell Street, Buffalo, NY, 14207 $88,800 6 2 1,844 1,844 SqFt
123 Peter Street, Buffalo, NY, 14207 $175,000 5 3 2,344 2,344 SqFt
544 Hertel Avenue, Buffalo, NY, 14207 $250,000 6 2 1,901 1,901 SqFt
67 Holmes Street, Buffalo, NY, 14207 $160,000 6 2 2,304 2,304 SqFt
167 Germain Street, Buffalo, NY, 14207 $149,900 5 2 1,864 1,864 SqFt
389 Military Road, Buffalo, NY, 14207 $164,900 4 2 1,426 1,426 SqFt
71 Tonawanda Street, Buffalo, NY, 14207 $1,200,000 -- -- 115,000 115,000 SqFt
32 Gladstone Street, Buffalo, NY, 14207 $174,900 6 2 2,288 2,288 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 08/21/2026 @ 23:16

MLS: B1706940 LISTED BY: Kunji Maya Rey, Towne Housing Real Estate 716-264-4135 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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