Est. Monthly
$3,792/MO
49, 51, 54 Merrimac Street, Buffalo, NY
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.
Est. Monthly Payment
$3,791.51
Private Mortgage Insurance
Not required
Property Details
- Annual Tax Amount$10,160
- Listed for saleDec 16, 2025 • NYSAMLS • B1655023$799,900
Private Mortgage Insurance
- SourceNYSAMLS
- MLS#B1655023
- Listing OfficeJames R. Militello
- Last Updated160 days ago
Appliances
- AppliancesGas Water Heater
Climate & Systems
- Heating
- Gas
- Baseboard
- Forced Air
- Hot Water
- Radiant
- Steam
Interior Features
- Flooring
- Hardwood
- Varies
- Basement
- Full
- Sump Pump
- Interior Features
- Ceiling Fans
- Storage
- Natural Woodwork
Parking
- Parking Features
- Parking Available
- Two Or More Spaces
Lot & Grounds
- Lot Size0.2376 acres
- Lot Features
- Near Public Transit
- Rectangular
- Rectangular Lot
- Residential Lot
- Fencing
- Full
- Partial
- Patio & PorchBalcony
- Exterior Features
- Balcony
- Fully Fenced
- Fence
- Private Yard
- See Remarks
Type
- Property TypeResidential
- Property SubtypeMulti Family
- Architectural Style
- Other
- See Remarks
- Fourplex
Structure
- Construction
- Composite Siding
- Vinyl Siding
- Copper Plumbing
- RoofAsphalt
Condition
- Year Built1920
- ConditionResale
- Days on Market167 days
- WaterConnected
- SewerConnected
- ElectricCircuit Breakers
- Utilities
- High Speed Internet Available
- Sewer Connected
- Water Connected
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