About 203 Auburn Avenue
Ready, set, invest. Seize this exceptional, fully stabilized 5-unit multi-family asset located in one of Buffalo’s most resilient and high-demand rental pockets. Engineered for immediate cash flow, this turnkey offering delivers the rare trifecta of strength, scale, and a projected 10%+ cap rate. Property Highlights & Capital Improvements: Wrapped in low-maintenance vinyl siding, ensuring long-term curb appeal and reduced exterior upkeep costs. Features a newer architectural roof, offering peace of mind and substantial capital preservation for years to come. Solid, well-maintained mechanicals tailored to stand up to tenant turnover and the Western New York climate. Turnkey Operations: Fully optimized for immediate onboarding—generate revenue from day one. Buffalo continues to rank as a premier Midwest/Rust Belt market for savvy real estate investors, driven by robust renter demand, affordable entry points, and strong yields. Cap Rate: Approaching 10% at current market rents, making this a powerhouse addition to any scaling or cash-flowing portfolio. A rare 5-unit configuration that maximizes income potential while remaining manageable for remote or local management teams. Owner pays most utilities. Equal Housing Opportunity !
Features of 203 Auburn Avenue
| MLS® # | B1710263 |
|---|---|
| Price | $225,000 |
| Bedrooms | 5 |
| Bathrooms | 0.00 |
| Square Footage | 4,739 |
| Square Footage | 3312 |
| Acres | 0.08 |
| Year Built | 1910 |
| Type | Multi Family |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 203 Auburn Avenue |
|---|---|
| Area | Buffalo City |
| Subdivision | West Side |
| City | Buffalo |
| County | Erie |
| State | NY |
| Zip Code | 14213 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected, Electricity, Heat, Water |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot |
| Parking | None, No Driveway, No Garage |
| Garages | None, No Driveway, No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Varies, Vinyl |
|---|---|
| Appliances | Gas Oven, Gas Range, Gas Water Heater, Refrigerator, See Remarks |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot |
| Roof | Asphalt |
| Construction | Vinyl Siding |
School Information
| District | Buffalo |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Iconic Real Estate |
|---|