About 286 Carolina Street
Turnkey, Fully Renovated 2-unit located just outside the Allentown Historic District, one block from Elmwood Ave and minutes to Downtown Buffalo and the Buffalo Niagara Medical Campus. An outstanding opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Each unit offers market rent potential of $1,650/month, providing approximately $39,600 in annual gross income at full occupancy. Separately metered utilities and low annual taxes of approximately $2,093.00 help keep operating costs attractive.The upper unit is available September 1, creating an excellent owner-occupant opportunity, while the lower is currently rented at $1,650/month through January 1.Completely renovated to the studs in 2024 by Lamparelli Construction with floor plans by Akos Architects, this property delivers quality finishes and extensive mechanical and structural improvements. Each spacious 2-bedroom unit features an open-concept living area with electric fireplace, primary bedroom with walk-in closet, and designer eat-in kitchen with quartz countertops, tile backsplash, custom cabinetry, center island with seating and new stainless steel appliances. Beautifully updated baths feature tile showers, marble flooring, glass doors and LED-mirror vanities. Each unit also includes private in-unit laundry with cabinetry and quartz counters.Additional improvements include new luxury vinyl plank flooring, drywall, insulation, interior doors and LED lighting; high-efficiency furnaces with central air; hot water tanks; electrical panels; Z-Wave smart thermostats; and hardwired Ring doorbells/cameras. Major underground improvements include new drain and sewer lines extending to the city main plus new vent stack.Exterior upgrades include a full tear-off roof, newer windows, vinyl siding, aluminum trim, smart-lock exterior doors, new concrete porch/walkways and rebuilt exterior staircase/railings. Enjoy a private fully fenced rear patio, clean full basement and full attic for additional storage.Exceptional location near Allentown, Elmwood Village, Chippewa, Downtown and the Medical Campus. FHA & VA eligible. A Must See To Appreciate! Open House 8-23-26 @12-3pm
