Daniel Lucas
Licensed Real Estate Salesperson
REALTOR®
Delhi, NY
Office: (607) 746-7400 (239) 287-4676

41 Allegany Street, Buffalo, NY 14220

New - 15 Hours Ago

32 Photos

Property Description

Excellent investment opportunity in South Buffalo! This unique property features two separate buildings on one lot with three residential units, offering multiple streams of rental income. The front house consists of a recently remodeled two-bedroom lower unit currently rented for $900/month and a one-bedroom upper unit currently rented for $550/month both month to month. The rear building is a separate three-bedroom single-family home, completely renovated in Oct 2026, with projected rental income of at least $1,200/month. The property currently generates $1,450/month in rental income, with potential gross monthly income of approximately $2,650 and annual gross income of $31,800 or more once all units are rented. A fantastic opportunity for investors seeking immediate cash flow with additional income potential. Conveniently located in South Buffalo near shopping, restaurants, parks, schools, and major roadways. Don't miss this opportunity to own a versatile, income-producing property with three separate living units!

41 Allegany Street | MLS# B1726028

This home located at 41 Allegany Street, Buffalo, NY 14220 is currently listed for sale with an asking price of $249,000. This property was built in 1930 and has 6 bedrooms and 3 full baths with 2941 sq. ft. Allegany Street is located in the Buffalo Crk Reservation subdivision within the Buffalo school district. Search Buffalo Crk Reservation real estate on daniel-lucas.timberlandproperties.com today.

Gallery

Property Features

Property Type: Residential - Multiple
Basement: Full, SumpPump
Heating: Gas, ForcedAir, WallFurnace
Home Style: RowHouse, Triplex
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $3,329
Year Built: 1930

Amenities

Balcony
Fence

Feature Descriptions

Appliances: GasWaterHeater
Exterior: WoodSiding, CopperPlumbing, PexPlumbing
Fencing: Partial
Flooring: Carpet, Hardwood, Laminate, Varies
Laundry: WasherHookup
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 32X126
Parcel#: 140200-133-390-0001-021-000
Parking: OnStreet, TwoOrMoreSpaces
Parking Notes: OnStreet, TwoOrMoreSpaces
Patio/Porch: Balcony, Open, Porch
Sewer: Connected
Units: 3
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Buffalo

Estimate Your Payment

Estimated Payment

$ 904.21 per month $554.17 Principal & Interest $277.42 Property Tax $72.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: MLS Nation Realty LLC
Agency Contact: 716-310-3102

Shown By

Agent Name: Daniel Lucas
Agent Phone: (239) 287-4676
Agency Title: Timberland Properties

IDX logo

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/31/2026. The listing information on this page last changed on 10/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 10/31/2026 12:00:00 AM EST) or Global MLS (last updated Fri 10/30/2026 11:54:01 PM EST) or New York State Alliance MLS (last updated Fri 10/30/2026 11:55:02 PM EST) or Hudson Valley Catskill Region MLS (last updated Fri 10/30/2026 11:51:18 PM EST) or OneKey MLS (last updated Fri 10/30/2026 11:53:27 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder