Income-Producing Duplex - 268 Reiman Street, Buffalo NY 14212

Exceptional Owner Occupied Investment Opportunity in Desirable Buffalo Location

Well-maintained 1,351 square foot duplex offering both immediate rental income potential and owner-occupant opportunities. Strategically located on the Buffalo-Sloan border, this property combines affordable Buffalo taxes ($1,200 annually) with a neighborhood that feels like Sloan.

Property Highlights

Lower Unit (2 Bed/1 Bath):

Spacious living and dining rooms with brand new carpeting
New kitchen floor and new vanity in bathroom
Charming sunroom perfect for relaxation
Gas boiler heating and 40-gallon hot water tank
Estimated rental income: $1,350/month

Upper Unit (1 Bed/1 Bath):

Unique cottage-style apartment with character details
Original ceramic sink and thoughtful vintage touches
High-efficiency tankless hot water heater
Electric baseboard heating
Estimated rental income: $1,000/month

Recent Updates & Improvements

Roof: Professional tear-off and replacement (2020)
Windows: Mostly vinyl windows installed (2014)
Electrical: Updated service with circuit breakers (2014)
Flooring: Fresh carpeting in bedrooms and living areas
Mechanical: Tankless water heater in upper unit

Convenient Features

Concrete driveway
Attached shed for additional storage
First floor laundry accessible to both units
Single utilities (easily separate if desired)
31' x 90' lot providing privacy and space

Prime Location Benefits

Walking distance to Woodrow Wilson Elementary School
Near community center and recreational facilities
Safe, well-maintained neighborhood
Buffalo taxes with Sloan-like community feel

Investment Analysis

With potential gross rental income of approximately $28,200 annually and extremely low property taxes, this duplex offers an excellent cap rate for investors. The property also presents a perfect opportunity for owner-occupants to live in one unit while rental income from the other helps cover mortgage payments.

Technical Details

Lot Size: 0.0640 acres
Construction: Aluminum siding over 1.5-story frame
Foundation: Crawl space with partial attic
Utilities: Single meters (gas, electric, water)

This turnkey investment property is move-in read. With its combination of recent updates, strong rental potential, and desirable location, 268 Reiman Street represents an exceptional opportunity in today's market.

Perfect for investors seeking immediate cash flow, first-time homebuyers looking to offset housing costs, or anyone wanting a well-maintained property in a stable neighborhood. Call today for a private showing, 716-239-6432