723 Kensington AVE, Buffalo, NY 14215
723 Kensington AVE, Buffalo, NY 14215
723 Kensington AVE, Buffalo, NY 14215
39
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$174,999
Est. payment /mo
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6 Beds
2 Baths
2,426 SqFt
Pending

723 Kensington AVE Buffalo, NY 14215

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Tyler Marschall

Tyler Marschall

+1(585) 210-8445

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,426 sqft

Price per Sqft $72

MLS Listing ID B1691061

Style Duplex

Bedrooms 6

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1915

Annual Tax Amount $2,149

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 41X138

Property Sub-Type Duplex

Property Description

723 Kensington Ave in the 14215 presents a rare opportunity for both investors & owner-occupants to secure a property with immediate income, long-term upside, & exceptional value. This solid 3/3 double offers the perfect combination of stability & future growth, featuring a long-term lower tenant of more than 20 years who pays $550 per month plus utilities. While providing reliable income from day one, the current rent is well below today's market rates for a three-bedroom apartment, creating a clear value-add opportunity for investors seeking increased cash flow & stronger returns over time. For owner-occupants, this property offers an ideal house-hacking opportunity. Live comfortably in the bright & spacious upper unit while rental income from the lower apartment helps offset a significant portion of your monthly mortgage payment. It's an excellent way to build equity while enjoying the benefits of homeownership at a reduced cost. The home itself is loaded with desirable features, including separate utilities, high ceilings, updated windows in the upper unit, a full basement w/ laundry hookup for each apartment, & a walk-up attic that offers tremendous potential for additional storage, or future improvements. Outside, the large front porch provides a welcoming space to relax, while the rare off-street parking for three or more vehicles adds convenience & value! Situated near the Kensington & Bailey Avenue corridors, the property offers easy access to shopping, dining, public transportation, schools, & everyday conveniences. It's just minutes from major employers & institutions, including ECMC, & Buffalo Niagara International Airport, helping support strong rental demand & long-term investment potential. Buffalo's affordable housing market, steady population growth, & continued investment throughout the city have made multi-family properties like this increasingly attractive. Whether you're looking to add a cash-flowing asset to your portfolio, generate wealth through rental income, or purchase a home that helps pay for itself, this delivers. Immediate income, significant upside potential, desirable property features, & a convenient location, Here's YOUR VAULE!

Location

State NY

County Erie

Area Buffalo City-140200

Direction FILMORE TO KENSINGTON OR BAILEY TO KENSIGNTON

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Laminate, Tile, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Balcony

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Porch Balcony

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot

Story 3

Foundation Stone

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Structure Type Composite Siding,Copper Plumbing,PEX Plumbing

Construction Status Existing

Schools

School District Buffalo

Others

Tax ID 140200-090-460-0006-004-000

Acceptable Financing Cash, Conventional, Rehab Financing

Listing Terms Cash, Conventional, Rehab Financing

Financing Conventional

Special Listing Condition Standard

Listed by Howard Hanna WNY Inc. 716-416-4663

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Tyler Marschall

Tyler Marschall

Agent License ID: NY# 10401364182

+1(585) 210-8445

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723 Kensington AVE