Impressive turnkey 4-unit delivering a 11.2% cap rate! The owner has invested heavily since 2008, with major updates throughout. Recent highlights include new gutters and fascia (2025), full tear-off roof (2020), commercial grade hot water tank (2020), windows throughout (2018, 2020, 2023), exterior painted (2019, 2025) and garage roof (2018). Additional updates include a rebuilt chimney, electrical upgrade to circuit breakers, updated water lines, boiler with 2 zone valves, front steps rebuilt, concrete parking pad, and refreshed kitchens, bathrooms, and flooring throughout, including refinished hardwood floors. Off-street parking with a 2-car garage and concrete parking pad. Serious cash flow, serious updates. Everything has been done, just collect the rent.

"Based on information submitted to New York State Alliance as of October 4, 2026 10:50 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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More Info

Basic Information

Owner Pays Grounds Care, Heat, Snow Removal, Water
Parcel Number 140200-123-720-0005-033-000
Rent Includes Gardener, Heat, Snow Removal, Water

Location

Address220 Stevenson Street
AreaBuffalo City
Building Number220
CountyErie
StateNY
StreetStevenson Street
SubdivisionBuffalo Crk Reservation
TownBuffalo
Zip14210

Property Information

Acreage0.09
Lot Features Rectangular, Rectangular Lot, Residential Lot
Lot Size Dimensions 35X114
Patio And Porch Features Covered, Porch
Property Condition Resale
Square Feet3,888

Tax Information

Taxes$4,078

Parking

Parking Features Garage, Parking Available

Basic Information

List Price$350,000
NYSAB1688233
Modification Date09/30/2026
Property SubTypeMulti Family
StatusActive

Interior

Flooring Hardwood, Luxury Vinyl, Varies

Exterior

RoofArchitectural, Shingle

Utilities

Electric Circuit Breakers
Heat SystemGas, Radiator(s)
Heating YN Yes
Utilities High Speed Internet Available, Sewer Connected, Water Connected
Waste Water DisposalConnected

School Information

High School DistrictBuffalo

Rooms

Bathroom4
Bedrooms6
Full Bath4

Building

Basement Yes
Building ConstructionCedar, Wood Siding, Copper Plumbing
FoundationStone
GarageYes
Garage Spaces2
Property StyleFourplex
Stories2
Units4
Year Built1903

Amenities

Appliances IncludedGas Water Heater
Other AmenitiesBasement

Water Body

Water AccessConnected, Public

Other

Possession Closing, Subject To Tenant Rights
Special Listing Conditions Standard
View Count3

Buy a Home

Grier Allen

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