49, 51, 54 Merrimac ST, Buffalo, NY 14214
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49, 51, 54 Merrimac ST, Buffalo, NY 14214
49, 51, 54 Merrimac ST, Buffalo, NY 14214
49, 51, 54 Merrimac ST, Buffalo, NY 14214
49, 51, 54 Merrimac ST, Buffalo, NY 14214
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49, 51, 54 Merrimac ST Buffalo, NY 14214

14 Beds

5 Baths

2,364 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,364 sqft

Price per Sqft $338

MLS Listing ID B1655023

Style Other,See Remarks,Fourplex

Bedrooms 14

Full Baths 4

Half Baths 1

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $10,160

Lot Size 10,349 Sqft

Acres 0.2376

Lot Dimensions 60X115

Property Sub-Type Multi Family

Property Description

This three-property portfolio, located just minutes from the University at Buffalo, is a fully leased, turnkey investment.
49 Merrimac: 2,364 Sq. Ft.
51 Merrimac: 1,194 Sq. Ft.
54 Merrimac: 1,624 Sq. Ft.

The total package includes four units comprised of 14 bedrooms and 4.5 bathrooms, all currently rented with steady cash flow. Each property is well-maintained and situated in a strong rental neighborhood.

An ideal opportunity for investors seeking a turnkey, income-generating portfolio in a rental market with consistent demand.

Rent includes utilities up to a capped dollar amount per month. Taxes (2025 County/2024-5 School/City), 54 Merrimac was built in 1928.

Location

State NY

County Erie

Area Buffalo City-140200

Rooms

Basement Full, Sump Pump

Interior

Interior Features Ceiling Fan(s), Storage, Natural Woodwork

Heating Gas, Baseboard, Forced Air, Hot Water, Radiant, Steam

Flooring Hardwood, Varies

Fireplace No

Appliance Gas Water Heater

Laundry Common Area, Washer Hookup

Exterior

Exterior Feature Balcony, Fully Fenced, Fence, Private Yard, See Remarks

Fence Full, Partial

Community Features Trails/Paths

Utilities Available High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Asphalt

Porch Balcony

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Other, See Remarks, Fourplex

Level or Stories Two

Structure Type Composite Siding,Vinyl Siding,Copper Plumbing

Construction Status Existing

Schools

School District Buffalo

Others

Senior Community No

Tax ID 140200-079-460-0005-013-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Listed by James R. Militello 716-856-2872

NEARBY SCHOOLS & PROPERTIES

CB Faith Ilion Office

CB Faith Ilion Office

Broker | License ID: 30VI0627417

+1(315) 574-2260

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49, 51, 54 Merrimac ST