52 Locust Street

This impressive five unit property is located in Buffalo’s Fruit Belt neighborhood, just steps from the Buffalo Niagara Medical Campus. This outstanding investment opportunity features two well cared for buildings on a single lot. The front building is a two story, four unit residence with a full basement and a walk up attic, while the rear carriage house offers a charming single story apartment. Over the past decade, the property has received a remarkable series of upgrades designed for long term durability and tenant satisfaction. Recent improvements include a newer roof (2019), vinyl siding, updated windows, a rebuilt front porch with solar railing and porch lighting, and a new gas line from the street. Security lighting enhances safety and visibility throughout the exterior. Each apartment has been renovated and thoughtfully designed with modern kitchens, updated bathrooms, and comfortable living areas. Every unit includes one bedroom and one full bathroom. The upper front apartment features a private balcony overlooking the quiet tree lined street. Tenants enjoy separate gas and electric meters, five newer furnaces and hot water tanks, and all new electrical service throughout the property. Appliances are included in every unit, making this a true turn key investment. Located near public transportation, the Medical Campus, and downtown Buffalo, this is a rare opportunity to own a fully updated property in a thriving area with strong rental demand. Every improvement has been made so the next owner can step in and begin collecting rent from day one. Gross monthly income is $4,241.