About 108 Roosevelt Avenue
Fully occupied duplex on Buffalo's East Side offering strong cash flow or a nearly free house hack opportunity. Each unit features 2 bedrooms and 1 full bathroom, one unit is currently rented at $1,050 per month, with a potential gross income of $2,100 or more in gross rent on a $150,000 asking price. That pencils out to an as is cap rate over 10 percent, exceeds the 1 percent rule, and offers the next owner a turn-key living or rental scenario. Buy with 5 percent down and a monthly payment of approximately $1,150 including taxes and insurance; one tenant alone covers the majority of that payment if you occupy the other unit. Major systems have already been addressed. New vinyl siding and insulation were installed just 1 year ago, and the roof was replaced within the last 3 to 4 years. Electrical service is less than 1 year old with circuit breaker panels, and both units have newer hot water tanks with forced air heating systems. Supply lines are mostly copper and each unit is separately metered for gas and electric for easy expense tracking. Full basement for mechanicals and storage, blacktop driveway. 1,619 square feet on a 40' by 79' lot. Open House: Sunday, 8/16/26, 12pm-2pm. Offer deadline is Thursday, August 20th at 5:00 PM.
Features of 108 Roosevelt Avenue
| MLS® # | B1704912 |
|---|---|
| Price | $150,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,619 |
| Square Footage | 3160 |
| Acres | 0.07 |
| Year Built | 1927 |
| Type | Residential |
| Sub-Type | Duplex |
| Style | Duplex |
| Status | Active Under Contract |
Community Information
| Address | 108 Roosevelt Avenue |
|---|---|
| Area | Buffalo City |
| Subdivision | East Side |
| City | Buffalo |
| County | Erie |
| State | NY |
| Zip Code | 14215 |
Amenities
| Utilities | Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected, Trash Collection, Water |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Parking | Paved |
| Garages | Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Varies, Vinyl |
|---|---|
| Interior Features | Pull Down Attic Stairs, Natural Woodwork |
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Other, Vinyl Siding |
|---|---|
| Exterior Features | Fence |
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Roof | Architectural, Shingle |
| Construction | Other, Vinyl Siding |
| Foundation | Block |
School Information
| District | Buffalo |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Giambra Realty Corp |
|---|