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65 Ashland Ave - Ashland Properties 22 Unit Apartment Building Offered at $1,690,000 at a 7.53% Cap Rate Buffalo, NY 14222
Investment Highlights
- Great Location & Easy to Rent
- Off Street Parking
- Most units are Updated with appliances
Executive Summary
65 & 69 Ashland Ave comprise two adjacent multifamily buildings with a total of 22 residential units—10 studios and 12 one-bedrooms. Located in a proven rental market with strong, consistent demand and full access to Elmwood's vibrant amenities, these properties immerse you in Buffalo's best. The site features a detached garage plus ample off-street parking in the rear. All utilities are included in rents. This turnkey, cash-flowing asset offers scale efficiency and substantial value-add upside through market-rate rent alignment and ongoing growth. Units boast modern updates, including appliances, and they rent effortlessly thanks to prime location and versatile sizing.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Cable Ready
Site Amenities
- Laundry Facilities
- Trash Pickup - Curbside
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 140200-100-530-0003-002-000 | Total Assessment | $535,100 (2025) |
| Land Assessment | $178,200 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $356,900 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
140200-100-530-0003-002-000
Land Assessment
$178,200 (2025)
Improvements Assessment
$356,900 (2025)
Total Assessment
$535,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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65 Ashland Ave - Ashland Properties