Property Description

Fully renovated two-family home in Buffalo's Black Rock neighborhood with low taxes and strong income potential. Ideal for an owner-occupant or investor. The lower unit was previously rented for $1,250/month, with potential combined rents exceeding $2,500/month. 10%+ cap rate. Extensive updates inside and outside the home, all since 2024. Some of the most notable: new tear-off roof, new HVAC upstairs, new interior and exterior doors, fresh interior and exterior paint, new vinyl flooring throughout, updated electrical outlets and switches, recessed lighting, and numerous plumbing, electrical, and cosmetic improvements. The upper unit showcases an opened-up floorplan, fully updated kitchen with new cabinetry, open shelving, stainless steel sink, dishwasher and stainless steel appliances. The bathroom includes an updated vanity and recessed sink, along with a new toilet. Three new mini-splits provide heating and cooling. The former drop ceiling has been removed and replaced with a fully drywalled ceiling. The lower unit includes updated kitchen cabinetry and a custom wooden beam partition. Exterior features separate entrances, stained porch and steps, painted exterior, fully fenced backyard with landscaping, automatic security lighting, and off-street parking. The basement offers two separate laundry hookups and machines, one set for each unit. A full attic provides additional storage potential. Numerous improvements throughout make this a turnkey two-family property with flexibility for both a killer investment and amenities for owner-occupant use. Don't miss out on 65 Grote Street!

Property Features

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