Active

81 Aldrich Place

Buffalo, NY 14220

$159,000 $670/Mo

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Overview

Bed

Bath

2,016

Sqft

0.09

Acre(Lot)

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.

Property Details

Property Type : Residential

Price : $159,000

AD Id : 79660322

MLS Id : B1682056

Beds : 5

Lot Size : 0.09 Acre

Living Area Size : 2,016

Year Built : 1901

County : Erie

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What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Has Basement: Yes Basement: Full
Flooring Information

Laminate, Varies
Interior Features

Appliances: Gas Water Heater, Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air

Building Information

Year Built: 1901 Building Area Total: 2016 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

Lot Information

Lot Dimensions: 29X128 Main Square Feet: 0.0852 Acres Lot Size Acres: 0.0852 Lot Size Square Feet: 3712 Lot Description: Rectangular Lot

Listing Price Information

Listing Price: $159000 Original Price: $199000 Cash, Conventional, Private Financing Available

Tax Information

Parcel Number: 140200-133-790-0004-023-000 Tax Lot: 23 Annual Tax: $2926

Utility Information

Sewer Connected, Water Connected
Location Information

Direction: use Google Maps WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
63 Carlyle Avenue, Buffalo, NY, 14220	$275,000	4	2	1,998	1,998 SqFt
371 Cumberland Avenue, Buffalo, NY, 14220	$285,000	5	3	2,604	2,604 SqFt
479 Abbott Road, Buffalo, NY, 14220	$237,900	4	2	2,636	2,636 SqFt
247 Columbus Avenue, Buffalo, NY, 14220	$194,900	4	2	2,085	2,085 SqFt
153 Columbus Avenue, Buffalo, NY, 14220	$219,900	4	2	1,838	1,838 SqFt
101 Woodside Avenue, Buffalo, NY, 14220	$219,900	6	2	2,255	2,255 SqFt
29 Melrose Street, Buffalo, NY, 14220	$209,900	4	2	1,872	1,872 SqFt
51 Stevenson Street, Buffalo, NY, 14220	$265,000	6	2	2,528	2,528 SqFt
65 Woodside Avenue, Buffalo, NY, 14220	$173,000	6	2	2,112	2,112 SqFt
290 Abbott Road, Buffalo, NY, 14220	$249,900	6	2	2,626	2,626 SqFt

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ByOwner last updated this listing 06/17/2026 @ 00:30

MLS: B1682056 LISTED BY: Alan Findlay, Blue Eagle Realty Corp. 716-536-1787 SOURCE: Western New York Real Estate Information Services (WNYREIS)