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723 Kensington Avenue

Buffalo, NY 14215
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Bed 6

Bed

Bath 2

Bath

SqFt2,426

Sqft

Acres0.13

Acre(Lot)

723 Kensington Ave in the 14215 presents a rare opportunity for both investors & owner-occupants to secure a property with immediate income, long-term upside, & exceptional value. This solid 3/3 double offers the perfect combination of stability & future growth, featuring a long-term lower tenant of more than 20 years who pays $550 per month plus utilities. While providing reliable income from day one, the current rent is well below today's market rates for a three-bedroom apartment, creating a clear value-add opportunity for investors seeking increased cash flow & stronger returns over time. For owner-occupants, this property offers an ideal house-hacking opportunity. Live comfortably in the bright & spacious upper unit while rental income from the lower apartment helps offset a significa nt portion of your monthly mortgage payment. It's an excellent way to build equity while enjoying the benefits of homeownership at a reduced cost. The home itself is loaded with desirable features, including separate utilities, high ceilings, updated windows in the upper unit, a full basement w/ laundry hookup for each apartment, & a walk-up attic that offers tremendous potential for additional storage, or future improvements. Outside, the large front porch provides a welcoming space to relax, while the rare off-street parking for three or more vehicles adds convenience & value! Situated near the Kensington & Bailey Avenue corridors, the property offers easy access to shopping, dining, public transportation, schools, & everyday conveniences. It's just minutes from major employers & institutions, including ECMC, & Buffalo Niagara International Airport, helping support strong rental demand & long-term investment potential. Buffalo's affordable housing market, steady population growth, & continued investment throughout the city have made multi-family properties like this increasingly attractive. Whether you're looking to add a cash-flowing asset to your portfolio, generate wealth through rental income, or purchase a home that helps pay for itself, this delivers. Immediate income, significant upside potential, desirable property features, & a convenient location, Here's YOUR VAULE!

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Detail Ic Property Details

Property Type : Residential

Price : $174,999

AD Id : 85119174

MLS Id : B1691061

Beds : 6

Lot Size : 0.13 Acre

Living Area Size : 2,426

Year Built : 1915

County : Erie

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Laminate, Tile, Varies
  • Roofing Information

    Asphalt
  • Interior Features

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

    Has Heating: Yes Heating: Natural Gas, Forced Air

  • Building Information

    Year Built: 1915 Building Area Total: 2426 Stories: 3 Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: 41X138 Main Square Feet: 0.13 Acres Lot Size Acres: 0.13 Lot Size Square Feet: 5147 Lot Description: Near Public Transit, Rectangular Lot

  • Listing Price Information

    Listing Price: $174999 Cash, Conventional

  • Tax Information

    Parcel Number: 140200-090-460-0006-004-000 Tax Lot: 4 Annual Tax: $2149

  • Parking Information

    Gravel, Paved

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: FILMORE TO KENSINGTON OR BAILEY TO KENSIGNTON WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
62 Edison Avenue, Buffalo, NY, 14215 $130,000 6 2 1,760 1,760 SqFt
352 Davidson Avenue, Buffalo, NY, 14215 $279,900 4 2 2,147 2,147 SqFt
70 Harriet Avenue, Buffalo, NY, 14215 $219,900 6 2 1,924 1,924 SqFt
284 Hazelwood Avenue, Buffalo, NY, 14215 $189,900 4 2 1,539 1,539 SqFt
154 Hagen Street, Buffalo, NY, 14215 $129,900 7 2 2,600 2,600 SqFt
77 Oakmont Avenue, Buffalo, NY, 14215 $229,900 5 2 1,968 1,968 SqFt
459 Berkshire Avenue, Buffalo, NY, 14215 $139,900 4 2 1,339 1,339 SqFt
60 Kermit Avenue, Buffalo, NY, 14215 $289,900 8 3 3,221 3,221 SqFt
96 Dorris Avenue, Buffalo, NY, 14215 $149,000 6 2 2,200 2,200 SqFt
2961 Bailey Avenue, Buffalo, NY, 14215 $499,900 10 -- 7,532 7,532 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 06/18/2026 @ 20:14

MLS: B1691061 LISTED BY: Tracy Parke Gibas, Howard Hanna WNY Inc. 716-634-4200 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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