Edward S. Glassberg

99 Lakeview Avenue, Buffalo, NY 14201

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Property Description

Value-add duplex on Buffalo's thriving Lower West Side - one of only five duplexes active on the West Side MLS under $150k, while 62 duplexes in this market have closed at $250k+ in the past 12 months. Blocks from the new pedestrian bridge to Ralph Wilson Park, a 100+ acre waterfront destination on Lake Erie, and minutes from D'Youville University - a growing NCAA Division II institution driving consistent rental demand in this corridor. Parks, playgrounds, soccer fields, tennis courts, running tracks, and dog parks are all steps away. The lower unit is the standout: 3 bedrooms, 1 bath, gleaming hardwood floors, large bedrooms with oversized closets, original ornate moldings, and a stunning marble fireplace. Gas boiler heat. The upper unit offers 2 bedrooms plus a flexible bonus room easily used as a 3rd bedroom, 1 bath, and in-unit space heater. Both units have gas hot water. 3-year-old tear-off roof, 2-year-old circuit breakers, 2 electric meters, 2 gas meters. Full walk-up attic, partial basement with crawlspace. Post-renovation, conservative rents of $1,500/unit generate $36k gross annually. After expenses, NOI pencils to $25,807. At an 8% cap rate, income approach value exceeds $322k. Immediate comps support $300k ARV - cross Porter Ave or Niagara St and duplexes trade at $350k-$450k. Ideal for an owner-occupant, BRRR investor, or self-performing flipper. ** OFFERS DUE WEDNESDAY, APRIL 2, 2026 BY 5:00 PM **

99 Lakeview Avenue | MLS# B1667626

This multi-family property located at 99 Lakeview Avenue, Buffalo, NY 14201 is currently listed for sale with an asking price of $136,000. Lakeview Avenue is located within the Buffalo school district. Search Buffalo real estate on edward-glassberg.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Radiator(s), Space Heater
Home Style: Duplex
Lot Size: 0.08 Acres
Roof Type: Architectural, Shingle
Stories: 2.0
Taxes: $1,270
Year Built: 1847

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 5
Exterior: Composite Siding, Vinyl Siding
Flooring: Hardwood, Laminate, Tile, Varies
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 27X132
Parcel#: 140200-099-820-0002-030-000
Parking: No Driveway
Parking Notes: No Driveway
Sewer: Connected
Units: 2
Utilities: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Buffalo

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Estimated Payment

$ 448.18 per month $302.68 Principal & Interest $105.83 Property Tax $39.67 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Iconic Real Estate
Agency Phone: 716-236-7644

Shown By

Agent Name: Edward S. Glassberg
Agent Phone: (315) 427-6956
Agency Title: Coldwell Banker Prime Properties

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