Take part in resurgence of Buffalo’s West Side with updated two-unit residence on 7th Street in Buffalo

The Giambra Team would love the opportunity to show you the property and explain the opportunity in more detail. For more information contact the listing agent, Nicholas Giambra at nicholas@giambrateam.com or 716-239-6432.

Register for Open Houses on Saturday 3/1 & Sunday 3/2 from 1:00-3:00pm

It’s difficult to find a well-maintained investment property on Buffalo’s West Side, a byproduct of the transient home ownership of past eras. The community has been improving steadily for decades now, creating tremendous competition for the limited supply of high-quality real estate.

It’s within that context that The Giambra Group is excited to present a rare find at 490 7th St., an updated two-unit home just a short walk away from the new Community Beer Works brewery. Listed at $180,000, the 2,308-square-foot residence includes many updated features that include electric wiring, HVAC, plumbing, roof, windows, insulation and much more.

The sellers bought the house at an auction nearly four decades ago, kickstarting a successful run in real estate and property management. They’ve watched the West Side become a destination for new generations who prioritize urban living in dense, walkable neighborhoods. Monthly rent at the home has risen from $240 a month in its original form to $650 now, which is still significantly below market averages and offers tremendous income upside for the next owner.

The proactive maintenance and low rents are part of a broader strategy for the sellers, who have long followed a philosophy of investing in their real estate assets to maximize their value while creating the kind of environment that keeps tenants from quickly moving on. These are the kinds of people who’ve been working with the same expert window contract for decades. They use high-quality paint and primer so they only have to do it once. They see value in the restoration of hardwood floors and wood trim. The next owners are free to pursue their own real estate strategies, but they stand to leverage the quality and upside created by the current sellers.

Given the tremendous bottleneck of high-quality residential real estate inventory in the community, The Giambra Group expects the property to appeal to both seasoned investors who understand that they can earn a profit right away and new ones for whom the home could be a residence, creating a pathway to home ownership and equity-building.

Neighborhood Amenities:

Virtual Tour Video:

Restaurant's Nearby:

Custard Corner l Niagara Cafe l Roost l BreadHive l 5 Points Bakery l Remedy House  Butter Block l Southern Junction l Mister Sizzles l LaNova l Extra Extra Pizza l Rosies Hand Crafted Ice Cream l West Side Bazaar l Left Bank l 

Other Neighborhood Hotspots:

Evolation Yoga l Heat Fire Yoga l Luds Landscaping l Urban Roots l Paradise Wine 

The Giambra Team would love the opportunity to show you the property and explain the opportunity in more detail. For more information contact Nicholas Giambra at nicholas@giambrateam.com or 716-239-6432.

Please fill out the form below to register for the open houses.