$136,000

99 Lakeview Avenue, Buffalo, NY 14201

  • 6 beds |
  • 2 baths |
  • 2,662 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1847
  • Property Lot Size Icon3,563sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $51/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Value-add duplex on Buffalo's thriving Lower West Side — one of only five duplexes active on the West Side MLS under $150k, while 62 duplexes in this market have closed at $250k+ in the past 12 months. Blocks from the new pedestrian bridge to Ralph Wilson Park, a 100+ acre waterfront destination on Lake Erie, and minutes from D'Youville University — a growing NCAA Division II institution driving consistent rental demand in this corridor. Parks, playgrounds, soccer fields, tennis courts, running tracks, and dog parks are all steps away. The lower unit is the standout: 3 bedrooms, 1 bath, gleaming hardwood floors, large bedrooms with oversized closets, original ornate moldings, and a stunning marble fireplace. Gas boiler heat. The upper unit offers 2 bedrooms plus a flexible bonus room easily used as a 3rd bedroom, 1 bath, and in-unit space heater. Both units have gas hot water. 3-year-old tear-off roof, 2-year-old circuit breakers, 2 electric meters, 2 gas meters. Full walk-up attic, partial basement with crawlspace. Post-renovation, conservative rents of $1,500/unit generate $36k gross annually. After expenses, NOI pencils to $25,807. At an 8% cap rate, income approach value exceeds $322k. Immediate comps support $300k ARV — cross Porter Ave or Niagara St and duplexes trade at $350k–$450k. Ideal for an owner-occupant, BRRR investor, or self-performing flipper. ** OFFERS DUE WEDNESDAY, APRIL 2, 2026 BY 5:00 PM **

Listing Status:
Active
Date Added:
March 23, 2026
Data Last Updated:
March 27, 2026 at 7:16AM
Listing Office:
Iconic Real Estate : 716-236-7644
Listing Agent:
Nicholas Giambra : 716-239-6432
MLS ID:
B1667626
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: HardwoodLaminateTileVaries
  • Heating: GasRadiator(s)Space Heater
  • Fireplace: Fireplaces: 0
  • Style: Duplex
  • Parking: No Driveway
  • Roofing: ArchitecturalShingle
  • General: Composite SidingVinyl Siding2Stone
  • Road/Access: City StreetMain Thoroughfare
  • Originating MLS: NYS_B
  • School District: Buffalo
  • County: Erie
  • Zoning: 140200-099-820-0002-030-000
  • Utilities: Electricity AvailableElectricity ConnectedSewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Nicholas Giambra , Iconic Real Estate

Monthly Payment

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

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Location

Schools Nearby

D

D'Youville-Porter Campus

255 Porter Ave, Buffalo, NY, 14201

Grades PK-8

0.17 miles away

D

D'Youville-Porter Campus

255 Porter Ave, Buffalo, NY, 14201

Grades PK-8

0.17 miles away

L

Leonardo Da Vinci High School

320 Porter Ave, Buffalo, NY, 14201

Grades 9-12

0.32 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.