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9 Beds
3 Baths
2,250 sqft

$259,000

97 Merrimac Street, Buffalo NY, 14214

Price per sqft$115.11
Built in1920
Property size2,250 sqft
Property typeMulti-family

Overview

Active

Listed Oct 1, 2026

Updated 2 days ago

Nine bedrooms, two spacious apartments, and a property ready to earn its keep. Whether you’re looking to live in one unit while collecting rent from the other or put both to work as an investment, this substantial Buffalo two-family offers a combination of space and income potential that’s hard to find. The lower apartment features five bedrooms, while the upper offers four, all spacious, legal bedrooms approved by the City of Buffalo. How often do you find that much room in a single apartment, let alone two under one roof? With potential rental income approaching $4,000 per month, low City of Buffalo taxes, and a projected cap rate exceeding 12%, depending on actual income and expenses, this property gives buyers plenty to get excited about. A new driveway adds convenience, generous attic and basement storage keeps the living spaces free of clutter, and a full bathroom in the basement adds another practical bonus. Close to the University at Buffalo, Main Street, and everyday amenities, the location strengthens an already compelling opportunity. For an owner occupant, imagine having rental income help carry your housing costs. For an investor, imagine two unusually spacious apartments working toward one impressive monthly return. Big on bedrooms, strong on potential, and ready for its next chapter, this is a property built to pull its weight.

$1,723/mo

Est. mortgage payment based on a $259,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
B1718331

Interior Features

Bedrooms
9
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$2,445
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Keller Williams Realty WNY, Thejan Kodituwakku

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Bonnie Pagano Team, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 4:48 AM UTC, 10/9/2026

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