40 Ullman Street
Buffalo, NY, 14207 $ 150,000
Bedrooms5 Baths2.0 Sq 2,018 Monthly Estimate*
$ 924
for $150,000 with 5 bedrooms and 2 full baths. This 2,018 square foot home was built in 1922 on a lot size of 0.0812.
Attention investors! Opportunity knocks with this well-maintained, fully rented 2-unit property offering immediate income and reliable long-term tenants who would love to stay. Conveniently located close to shopping, restaurants, schools, and everyday amenities, this affordable investment is the perfect addition to your portfolio. The lower unit features 3 bedrooms and 1 full bath, along with a bright eat-in kitchen offering abundant cabinet space, a spacious living room, formal dining room, and a charming rocking chair-style front porch perfect for relaxing. The upper unit offers 2 bedrooms and 1 full bath, with one oversized bedroom created by combining two original bedrooms and the potential to easily convert back to a 3-bedroom layout if desired. This unit also features a bright eat-in kitchen with plentiful cabinetry, a large living room, and formal dining room. Additional highlights include updated circuit breaker boxes, separate utilities, separate laundry hookups in the full basement, and a partially finished attic offering valuable storage or future possibilities. Outside, the concrete driveway leads to an oversized 2-car detached garage currently utilized as a workshop and hangout space, providing added versatility and appeal. Whether you're expanding your investment portfolio or looking for an owner-occupancy opportunity down the road, this income-producing property offers strong rental history, excellent tenant retention, and outstanding value. Showings begin Wednesday, June 10th at 12:00 PM. Offers, if any, will be reviewed beginning Monday, June 15th at 12:00 PM.
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FeaturesInteriorInterior Amenities CeilingFans NaturalWoodwork
Basement Full
Flooring Carpet Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 2
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GeneralSewer Connected
Heating Gas ForcedAir
Utilities CableAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Shingle
Appliances GasWaterHeater
Garage Spaces 2.0
Patio/Porch Features Covered Open Porch
Architectural Style Duplex
Construction Materials CompositeSiding CopperPlumbing
School District Buffalo
Year Built 1922
Electric CircuitBreakers
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Erie
Property Type Residential
Subdivision Name Jone
Garage Y/N Yes
Rent Includes TrashCollection Water
Full Baths 2
Status Active
Directions Between Roesch and Esser.
City Buffalo
Senior Community Y/N No
High School District Buffalo
Number Of Units Total 2
MLS Area Buffalo City-140200
Lot Size Units Acres
Lot Size Square Feet 3537.0
Year Built Details Existing
Tax Annual Amount 1611.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 164000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 13
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ExteriorExterior Amenities Fence
Fencing Partial
Parking Features Concrete OneSpace
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.0812
Building Area Total 2018.0
Lot Dimensions 30X117
Lot Size Acres 0.0812
Waterfront Y/N No
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
Other Equipment SatelliteDish
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* Excluded FeaturesList ByKeller Williams Realty WnyBroker
Affordability Calculator
- Monthly Principal & Interest
- $924
- Monthly Property Taxes
- $134
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Buffalo, NY
Average List Price $242,810
Percent of Sale Price 62%
About Buffalo, NY 257,543 Population
-12% Since 2002
$ 34,439 Median Income
35.65 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
246920 Elementary School
247190 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/10/2026 | $150,000 | | Listed Price |