$799,900

49, 51, 54 Merrimac Street, Buffalo, NY 14214

  • 14 beds |
  • 5 baths |
  • 2,364 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon10,350sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $338/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

This three-property portfolio, located just minutes from the University at Buffalo, is a fully leased, turnkey investment. 49 Merrimac: 2,364 Sq. Ft. 51 Merrimac: 1,194 Sq. Ft. 54 Merrimac: 1,624 Sq. Ft. The total package includes four units comprised of 14 bedrooms and 4.5 bathrooms, all currently rented with steady cash flow. Each property is well-maintained and situated in a strong rental neighborhood. An ideal opportunity for investors seeking a turnkey, income-generating portfolio in a rental market with consistent demand. Rent includes utilities up to a capped dollar amount per month. Taxes (2025 County/2024-5 School/City), 54 Merrimac was built in 1928.

Listing Status:
Active
Date Added:
December 16, 2025 at 06:00AM
Listing Office:
James R. Militello : 716-856-2872
Listing Agent:
Brittany Weber : 716-260-4585
MLS ID:
B1655023
  • General: Ceiling Fan(s)StorageNatural Woodwork
  • Appliances: Gas Water Heater
  • Laundry: Common AreaWasher Hookup
  • Basement: FullSump Pump
  • Flooring: HardwoodVaries
  • Heating: GasBaseboardForced AirHot WaterRadiantSteam
  • Fireplace: Fireplaces: 0
  • General: BalconyFully FencedFencePrivate YardSee Remarks
  • Style: OtherSee RemarksFourplex
  • Other Structures: Balcony
  • Parking: Parking AvailableTwo or More Spaces
  • Roofing: Asphalt
  • General: Composite SidingVinyl SidingCopper Plumbing2
  • Road/Access: City Street
  • Originating MLS: NYS_B
  • School District: Buffalo
  • County: Erie
  • Zoning: 140200-079-460-0005-013-000
  • Fencing: FullPartial
  • Utilities: High Speed Internet AvailableSewer ConnectedWater ConnectedCircuit Breakers
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Brittany Weber, James R. Militello

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Highgate Heights

600 Highgate Ave, Buffalo, NY, 14215

Grades PK-8

1.09 miles away

H

Highgate Heights

600 Highgate Ave, Buffalo, NY, 14215

Grades PK-8

1.09 miles away

M

Middle Early College High School

2885 Main St, Buffalo, NY, 14214

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.