Standardized Operating Procedure of Purchase

Welcome to your new investment opportunity at 205 Lisbon Ave in Buffalo! This spacious two-unit duplex offers the perfect blend of classic character and modern updates, making it an ideal addition to any investor’s portfolio or a fantastic option for an owner-occupant looking to offset their mortgage. Located less than a half mile from the University at Buffalo South Campus, this 2,892 sq ft property features identical upper and lower units—each offering 3 bedrooms and 1 full bathroom. Inside, you’ll find beautiful original hardwood floors and trim that add warmth and timeless appeal throughout the home. Major mechanical and exterior improvements have already been taken care of, giving the next owner peace of mind for years to come. The roof, expansive concrete driveway, rear patio, and inviting front porch were all completed in 2017, while both hot water tanks were replaced in 2021. A fully fenced yard, large garage, and abundant off-street parking further enhance the property’s functionality and tenant appeal. Both units have been thoughtfully refreshed within the past year, updates include fully painted interiors, modernized kitchens, remodeled bathrooms, updated plumbing in both kitchens and baths, new electrical outlets throughout, and stylish new fixtures. The first floor features new flooring in the hallway between bedrooms, while the second floor boasts new carpeting and a freshly painted front hallway. Select bedroom spaces also include recessed lighting, adding a clean, contemporary touch. With strong rental potential, extensive updates, and a highly desirable location near shopping, dining, public transportation, and the university. 205 Lisbon Ave is a turnkey opportunity you won’t want to miss!