$159,000

124 Ludington Street, Buffalo, NY 14206

6 beds |
2 baths |
2,370 sqft

Multi-Family Home
Built in 1900
2,696sqft lot
—— car garage
$67/sqft
Listed 10 hours ago

Property Description

Well-maintained 2-unit investment property offering strong rental stability and immediate income potential. Each spacious unit features 3 bedrooms, 1 full bath, a large living room, formal dining room, and oversized kitchen with abundant cabinet space. Both tenants are current on rent, with one long-term tenant in place for 12 years, and both have expressed interest in remaining after the sale, making this an ideal turnkey opportunity for investors. The lower unit has been recently updated with new bedroom carpeting, new tub surround, new toilet (2025), fresh paint, and a brand-new furnace (2026). The upper unit is also in good condition and will be fully painted prior to closing. The property has been professionally managed and well maintained by Towne Housing. Conveniently located near Hennepin Park and the Hennepin Senior Center, with many shops, services, and local conveniences within walking distance. Whether you are expanding your portfolio or looking for a solid income-producing property, this is an excellent opportunity. All showings will require 24–48-hour notice to allow time to notify tenants and all offers are due on Friday, May 22nd by noon and must be accompanied by a proof of funds or a preapproval for a multi-unit property.

Listing Status:: Active
Date Added:: May 11, 2026
Data Last Updated:: May 11, 2026 at 2:17PM
Listing Office:: Keller Williams Realty Lancaster : 716-324-2300
Listing Agent:: Timothy D Maciejewski : 716-989-7440
MLS ID:: B1679584

Appliances: Gas Water Heater
Basement: Full
Flooring: CarpetHardwoodVariesVinyl
Heating: GasForced AirHot Water
Fireplace: Fireplaces: 0

General: Enclosed PorchFully FencedPorch
Style: Duplex
Parking: On Street

General: Wood Siding2

Road/Access: City Street
Originating MLS: NYS_B
School District: Buffalo
County: Erie

Zoning: 140200-112-500-0001-030-000
Fencing: Full

Utilities: Cable AvailableElectricity ConnectedHigh Speed Internet AvailableSewer ConnectedWater Connected
Water: ConnectedPublic
Sewer: Connected

Source: NYS_B

This listing courtesy of Timothy D Maciejewski , Keller Williams Realty Lancaster

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.