Recently Listed Open House 10/11 1pm - 3pm
97 Merrimac Street
Buffalo, NY, 14214 $ 259,000
Bedrooms9 Baths3.0 Sq 2,250 Monthly Estimate*
$ 1,789
for $259,000 with 9 bedrooms and 3 full baths. This 2,250 square foot home was built in 1920 on a lot size of 0.0792.
Nine bedrooms, two spacious apartments, and a property ready to earn its keep. Whether you’re looking to live in one unit while collecting rent from the other or put both to work as an investment, this substantial Buffalo two-family offers a combination of space and income potential that’s hard to find. The lower apartment features five bedrooms, while the upper offers four, all spacious, legal bedrooms approved by the City of Buffalo. How often do you find that much room in a single apartment, let alone two under one roof? With potential rental income approaching $4,000 per month, low City of Buffalo taxes, and a projected cap rate exceeding 12%, depending on actual income and expenses, this property gives buyers plenty to get excited about. A new driveway adds convenience, generous attic and basement storage keeps the living spaces free of clutter, and a full bathroom in the basement adds another practical bonus. Close to the University at Buffalo, Main Street, and everyday amenities, the location strengthens an already compelling opportunity. For an owner occupant, imagine having rental income help carry your housing costs. For an investor, imagine two unusually spacious apartments working toward one impressive monthly return. Big on bedrooms, strong on potential, and ready for its next chapter, this is a property built to pull its weight.
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Open House
10/11/2026 1:00 PM - 3:00 PM
97 Merrimac Street Buffalo, NY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession Closing
Roof Asphalt
Appliances GasWaterHeater
Garage Spaces 0.0
Patio/Porch Features Balcony
Architectural Style Duplex
Construction Materials VinylSiding
School District Buffalo
Year Built 1920
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Duplex
Waterfront Features BoatRampLiftAccess
County Erie
Property Type Residential
Rent Includes Other SeeRemarks
Full Baths 3
Status Active
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 3450.0
Year Built Details Existing
Tax Annual Amount 2445.0
Property Condition Resale
Structure Type Duplex
Standard Status Active
Middle/Junior School District Buffalo
Elementary School District Buffalo
Tax Assessed Value 224000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 25
Property Sub Type Additional Duplex
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InteriorBasement Full
Flooring Carpet Hardwood Tile Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 9
Main Level Bathrooms 0
Total Baths 3
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ExteriorExterior Amenities Balcony
Parking Features Paved TwoOrMoreSpaces
Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.0792
Foundation Details Stone
Building Area Total 2250.0
Lot Dimensions 30X115
Lot Size Acres 0.0792
Waterfront Y/N No
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
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* Excluded FeaturesList ByKeller Williams Realty WnyBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,789
- Monthly Property Taxes
- $204
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $283,882
Percent of Sale Price 10%
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 |
|---|
| 10/1/2026 | $259,000 | | Listed Price |