81 Aldrich Place
Buffalo, NY, 14220
$159,000
5 Beds
2 Baths
2,016 SqFt
0.09 Acres
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MLS #B1682056 image #0
81 Aldrich Place, Buffalo, NY 14220
South Buffalo 2-Family Cash Flow Opportunity – Upper 2-Bed+1study+utility room Unit Vacant & Ready to Rent.

Located on a quiet, well-maintained street in desirable South Park / South Buffalo, this classic 2-unit multifamily (approx. 2,016 sq ft total) offers immediate income upside with the upper 2-bedroom unit currently vacant. The lower unit is a spacious 3-bedroom with updates including kitchen, bath, and first-floor laundry, plus a large living room and big backyard.

Key Investment Highlights:Strong Rental Demand: South Buffalo continues to see steady rental growth with median rents around $1,250–$1,300/month in the neighborhood. A well-presented upper 2-bed can realistically target $1,000–$1,300/month, while the lower 3-bed supports similar or higher pricing, delivering potential gross rents of $2,200–$2,600+/month once stabilized.

Immediate Cash Flow Potential: Vacant upper unit means you can lease it quickly and start collecting rent right away — perfect for investors seeking low vacancy and fast ROI. Affordable Entry + Appreciation: South Buffalo remains one of Buffalo’s most accessible neighborhoods for investors, with solid long-term value growth driven by community strength, proximity to parks, South Park Avenue amenities, and the city’s broader revitalization. Buffalo’s rental market stays resilient with consistent demand from local workers, families, and newcomers.

Low-Maintenance Character Home: Built in 1901 with classic Buffalo double features — separate entrances, yard space, and room for cosmetic/value-add updates that can boost rents and equity quickly.

Whether you’re looking for a house hack, portfolio addition, or strong cash-flowing asset with sweat-equity upside, 81 Aldrich Place delivers a low-barrier entry into a proven Buffalo rental market. Quiet street, established neighborhood, and one unit ready to occupy = reduced holding costs and quicker stabilization.

Property Details

Price:
$159,000
MLS #:
B1682056
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
South Buffalo
Neighborhood:
buffalocity140200
Listed Date:
May 30, 2026
Finished Sq Ft:
2,016
Total Sq Ft:
2,016
Lot Size:
3,712 sqft / 0.09 acres (approx)
Year Built:
1901
Units:
2
Buffalo City-140200Buffalocity140200South BuffaloBuffalo

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Schools

School District:
Buffalo

Interior

Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Laminate, Varies
Heating
Gas, Forced Air
Levels
Two

Exterior

Construction Materials
Vinyl Siding
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
No Driveway
Stories
2

Financial

Taxes
$2,926

Map

Community

Subdivisions in Buffalo

Market Summary

Current real estate data for Multi Family in Buffalo as of Jun 06, 2026
453
Multi Family Listed
75
Avg DOM
99
Avg $ / SqFt
$299,989
Avg List Price

Property Summary

    81 Aldrich Place Buffalo NY is a Multi Family for sale in Buffalo, NY, 14220. It is listed for $159,000 To schedule a showing of MLS#b1682056 at 81 Aldrich Place in Buffalo, NY, contact your Concrete Jungle Realty agent at 3472420937.

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81 Aldrich Place
Buffalo, NY