16 Parker Avenue

Welcome to 16 Parker Avenue, a spacious 9-bedroom, 2-full-bath duplex offering incredible potential for both owner-occupants and investors. Conveniently located near the University at Buffalo South Campus, this property features a 4-bedroom lower unit and a 5-bedroom upper unit, making it an excellent opportunity for student housing or a strong addition to a rental portfolio. The first floor features a spacious living and dining area with newer flooring throughout, all new interior doors, and a beautifully remodeled kitchen with appliances included. The first-floor bathroom has also been completely renovated from top to bottom and features a stand-up shower and granite-topped vanity. Major improvements include a furnace and hot water tank approximately one year old, newer electrical, and flooring completed approximately one year ago. The property also offers a full attic with plenty of additional potential and four off-street parking spaces in the rear—an especially valuable feature for a multi-unit property near the university. Convenient access to UB South Campus, Amherst Street Metro Rail Station, and multiple NFTA bus routes, including Routes 8, 23, and 32. With nine total bedrooms and strong potential for student housing, this property offers an excellent income opportunity. At an estimated $400–$500 per bedroom, the property could potentially generate approximately $3,600–$4,500 per month, or $43,200–$54,000 annually in gross rental income when fully occupied. Its convenient location near UB South Campus, public transportation, and off-street parking adds to its appeal for student renters. The property will be delivered vacant at closing, giving the new owner the flexibility to immediately place their own tenants, establish new rental rates, and take advantage of the property’s strong income potential. Whether you’re looking to expand your rental portfolio, explore student housing opportunities, or occupy one unit while generating income from the other, 16 Parker Avenue offers tremendous versatility and investment potential.