Buffalo, NY 14220 81 Aldrich Place

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Presented By: Alan Findlay with Blue Eagle Realty Corp.;
  • MLS# B1682056
  • 05/30/2026
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 2
  • SQFT • 2,016

Home Details

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.
Presented By: Alan Findlay with Blue Eagle Realty Corp.;

Interior Features for 81 Aldrich Place

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Main Level Bathrooms
Total Baths2

Other Interior Features

BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringLaminate, Varies
Heating Y/NYes
Total Fireplaces
Total Stories2

General for 81 Aldrich Place

AppliancesGasWaterHeater
CityBuffalo
Construction MaterialsVinylSiding
CountyErie
Directionsuse Google Maps
Elementary School DistrictBuffalo
Full Baths2
Garage Spaces0.0
HeatingGas, ForcedAir
High School DistrictBuffalo
LevelsTwo
Lot Size Square Feet3712.0
Lot Size UnitsAcres
MLS AreaBuffalo City-140200
Middle/Junior School DistrictBuffalo
Number Of Units Total2
OwnerPaysWater
PossessionClosing
Property ConditionResale
Property SubtypeMultiFamily
Property TypeResidential
Rent IncludesWater
School DistrictBuffalo
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount2926.0
Tax Assessed Value84000
Tax Lot23
TaxOtherAnnualAssessmentAmount283.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Year Built1901
Year Built DetailsExisting

Exterior for 81 Aldrich Place

Building Area Total2016.0
Lot Dimensions29X128
Lot FeaturesRectangular, RectangularLot, ResidentialLot
Lot Size Acres0.0852
Lot Size Area0.0852
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Parking FeaturesNoDriveway
Road Frontage TypeCityStreet
Water SourceConnected, Public
Waterfront Y/NNo

Additional Details

Price History

Mark Siwiec

CEO
Price $159,000
MLS#B1682056
List Date 05/30/2026
Property Type Multi-Family
Phone
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