About This Home

This 9-bedroom, 3-bathroom multi-family at 97 Merrimac Street in Buffalo, NY is listed for $259,000 ($115 per sqft). Built in 1920, the home offers 2,250 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1920
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
3 full
1920

Amenities

Hardwood
Listing Description

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.

Monthly Cost Estimate

$1,385/mo

20% down · 6.5% · 30 years

Principal$187
Interest$1,122
Insurance$76

Estimates only. Actual payments may vary.

Location

97 Merrimac Street

Buffalo, NY 14214

Features & Amenities

Exterior Features

Balcony

Property Details

Flooring

HardwoodVariesCarpetTile

Construction

VinylSiding

Heating

Forced AirNatural Gas

Appliances

GasWaterHeater

Questions & Answers

This 9-bedroom, 3-bathroom multi-family at 97 Merrimac Street is listed at $259,000 ($115/sqft). The estimated monthly payment is $1,386 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.08 acre lot, 2 stories. Exterior Features: Balcony.

This property is listed by Thejan Kodituwakku.

TK

Thejan Kodituwakku

License 10401342241

Agent at Keller Williams Realty Buffalo Northtowns

Listed by Keller Williams Realty Buffalo Northtowns · Broker phone: (716) 832-3300 · View on Broker Site · Broker website

MLS# B1718331· Source: New York State Alliance of MLSs, LLC· 32 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

97 Merrimac Street, Buffalo, NY 14214

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