169 Parkwood Avenue, Buffalo, NY 14217

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Property Description

Exceptional opportunity in the heart of the Village of Kenmore! This well maintained triplex has historically generated $33,660 in annual gross rental income ($2,805 per month) and now presents an even more versatile opportunity for both investors and owner occupants. The spacious upper apartment, previously rented for $1,330 per month, will be vacant at the end of July, creating the rare opportunity for an owner occupant to move right in or for an investor to establish a new tenant at today's market rental rate while the two first floor apartments continue producing immediate rental income. All utilities are currently included. The property features 3 spacious apartments. The 1st floor offers 2 separate 1 bedroom units, while the 2nd floor features a generous apartment with a flexible floor plan that can function as either a one or two bedroom layout, with the additional room currently being used as a playroom. Each unit offers spacious living areas filled with natural light and timeless character. The lower front apartment enjoys a large covered front porch, while the upper apartment features its own private rear deck, offering desirable outdoor living space. A vinyl sided detached two car garage provides shared off street parking and additional storage. Investors will appreciate the numerous recent capital improvements, including a brand new tear off roof completed in June 2026, covering both the main roof and rear porch roof. The welcoming front porch was rebuilt in 2025, adding both curb appeal and long term value. Additional improvements include some newer vinyl replacement windows throughout the property, allowing the next owner to focus on maximizing rental potential rather than major deferred maintenance. Delayed showings begin Thursday, July 9th at the Open House from 5:00 PM to 7:00 PM. Additional Open Houses will be held Saturday, July 11th from 11:00 AM to 1:00 PM and Sunday, July 12th from 1:00 PM to 3:00 PM. Showings during the delayed negotiation period will take place only during the scheduled Open Houses. Negotiations begin Monday, July 13th at 12:00 PM.

169 Parkwood Avenue | MLS# B1695014

This multi-family property located at 169 Parkwood Avenue, Buffalo, NY 14217 is currently listed for sale with an asking price of $249,000. Parkwood Avenue is located within the Kenmore-Tonawanda Union Free District school district. Search Buffalo real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Sump Pump
Garage: 2
Heating: Gas, Radiator(s)
Home Style: Triplex
Lot Size: 0.09 Acres
Roof Type: Architectural, Membrane, Rubber, Shingle
Stories: 1.0
Taxes: $6,121
Year Built: 1926

Amenities

Ceiling Fan(s)
Natural Woodwork
Deck
Private Yard
See Remarks

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 8
Exterior: Composite Siding, Copper Plumbing
Flooring: Carpet, Hardwood, Laminate, Luxury Vinyl, Varies
Laundry: Washer Hookup
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 38X104
Parcel#: 146401-078-320-0007-007-000
Parking: Paved, Two or More Spaces
Parking Notes: Paved, Two or More Spaces
Patio/Porch: Covered, Deck, Open, Porch
Sewer: Connected
Units: 3
Utilities: Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

High School: Kenmore West Senior High
Middle School: Herbert Hoover Middle
Elementary School: Charles A Lindbergh Elementary
School District: Kenmore-Tonawanda Union Free District

Estimate Your Payment

Estimated Payment

$ 1,136.87 per month $554.17 Principal & Interest $510.08 Property Tax $72.63 Homeowner's Insurance

Change Payment Information

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

Demographics

Listed By / Shown By

Listing By

Agency Name: eXp Realty
Agency Phone: 888-276-0630

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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