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407 Hinman Avenue , Buffalo, NY 14216
407 Hinman Avenue, Buffalo, NY 14216
2112
sq ft
2
units
2
gas meters
3
electric meters
2
hot water tanks
2
heating units
Unit 1
$1,000
rent
Tenant Occupied
status
2
beds
1
baths
Unit 2
$1,200
rent
Tenant Occupied
status
2
beds
1
baths
Unit 1
$1,000
rent
Tenant Occupied
status
2
beds
1
baths
Unit 2
$1,200
rent
Tenant Occupied
status
2
beds
1
baths
Located on 407 Hinman Ave, this fully occupied 2-unit multi-family home presents an exceptional investment opportunity with a blend of modern updates and classic appeal. The upper tenant, enjoying a month-to-month lease, contributes $1200 monthly, while the lower tenant secures the property with a lease through September 2025, paying $1000 per month.
The property has seen significant enhancements in 2024, including a brand-new roof with vented aluminum-wrapped soffits and eaves, almost all windows replaced with energy-efficient vinyl, and a fresh concrete pour at the driveway's base. The garage has also received attention with a new door, man door, and partial residing. Both units boast updated 100amp electrical panels and separate heating systems, ensuring convenience and efficiency. The upper unit shines with newly installed cabinets and countertops. The entire house received a partial paint refresh in 2024, enhancing its curb appeal.
With an open house scheduled for March 15th from 1:30-3:30 pm, this is the perfect time to witness the property's allure, although showings outside of this window are challenging due to the tenants' varied schedules. Don’t miss this prime chance to explore a well-maintained, income-generating property.
$199,000
Buyer broker compensation
Open house dates
