107 Oconnor Ave

Buffalo NY 14220

2227 sq. ft.

3600 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Investor Opportunity: 107 Oconnor Ave, Buffalo, NY 14220 (South Buffalo / Ogden Core Neighborhood)Turnkey 3/3 Duplex with Strong Rental Income & Maintenance-Free AppealThis spacious 6-bedroom (3+3), 2-bath, 2,227 sq ft multi-family duplex (built 1924) sits on a 3,600 sq ft lot in South Buffalo’s Ogden Core area — steps from the Tesla SolarCity campus and benefiting from steady employment anchors, transit access, and ongoing South Buffalo revitalization. Key Investment Highlights:Attractive Entry Price: Listed at $185,000 with Zestimate ~$173,400 (sales range $146K–$199K), providing solid basis in a neighborhood where multi-family properties deliver reliable yields. Rental Potential: Combined Rent Zestimate ~$1,474/mo. Long-term tenants in place for reliable cash flow; each 3-bed unit offers strong appeal to working families in a high-demand rental pocket. Recent/Key Updates: Brand new architectural roof (2017), maintenance-free vinyl siding, and porch access for both units — keeping expenses low and tenant satisfaction high. Low-to-Moderate Carrying Costs: Annual taxes reported between ~$1,267–$2,133 depending on assessment; manageable for strong net returns in Buffalo’s investor-friendly market. Market Tailwinds: South Buffalo continues to attract investors thanks to proximity to major employers like Tesla/SolarCity, affordable pricing, and steady rental demand amid Buffalo’s broader 2026 growth outlook. Perfect for:Buy-and-hold multi-family cash flow House hacking (live in one unit, rent the other) Value-add investor seeking immediate income with minimal upfront work This well-located duplex delivers immediate rental income + long-term appreciation potential in a resilient South Buffalo pocket. Excellent addition for portfolios targeting stable Rust Belt yields with employment-driven stability.