Well-maintained 2-unit investment property offering strong rental stability and immediate income potential. Each spacious unit features 3 bedrooms, 1 full bath, a large living room, formal dining room, and oversized kitchen with abundant cabinet space. Both tenants are current on rent, with one long-term tenant in place for 12 years, and both have expressed interest in remaining after the sale, making this an ideal turnkey opportunity for investors. The lower unit has been recently updated with new bedroom carpeting, new tub surround, new toilet (2025), fresh paint, and a brand-new furnace (2026). The upper unit is also in good condition and will be fully painted prior to closing. The property has been professionally managed and well maintained by Towne Housing. Conveniently located near Hennepin Park and the Hennepin Senior Center, with many shops, services, and local conveniences within walking distance. Whether you are expanding your portfolio or looking for a solid income-producing property, this is an excellent opportunity. All showings will require 24-48-hour notice to allow time to notify tenants and all offers are due on Friday, May 22nd by noon and must be accompanied by a proof of funds or a preapproval for a multi-unit property.
Listing By
Agency Name: Keller Williams Realty Lancaster
Agency Contact: 716-989-7440
Shown By
Agent Name: John Grassi
Agent Phone: (716) 432-9627
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 586.49 per month $353.87 Principal & Interest $186.25 Property Tax $46.38 Homeowner's Insurance
124 Ludington Street | MLS# B1679584
This multi-family property located at 124 Ludington Street, Buffalo, NY 14206 is currently listed for sale with an asking price of $159,000. Ludington Street is located within the Buffalo school district. Search Buffalo real estate on jgrassi.mjpeterson.com today.