18 N Pearl St, Buffalo, NY 14202

A brick 3-unit on a lovely, quiet, historic, one-way street in the heart of Allentown. The property has two 1br/1ba units at the first floor, and a third 2br/1ba unit that encompasses the entirety of the second floor. Very robust rental income history, and works very well either owner-occupied or purely as rental property. Property is in very good repair throughout. Unbeatable location 3 blocks from the Theater District, 1 block from Allen and a metro stop, walkable to the baseball stadium, hockey arena, and all of downtown. Allentown Art Festival is practically in your backyard, yet the street itself remains very private and tranquil and has an excellent community of neighbors. Realtors, please take note of final comments at end. Unit 1, the first floor front unit, is approx. 450 sq ft with a large sunny living room, and petite kitchen, bath, and bedroom. Unit 2 is approx. 600+ sq ft with a large eat-in kitchen, and comfortable living room, bedroom, and bathroom. Unit 3 is the full second floor and has a large master bedroom with 11-foot ceilings, adjacent bathroom, very large combined living and dining room, cozy kitchen, lofted second bedroom, and ample storage space. All units have been fully updated and are flooded with light from the many windows. Full roomy basement with plenty of space for storage. New on-demand hot water tank. The home's radiator heat system is served by a 2016 gas boiler in very good repair, and complete with a backup emergency power option. Front half of the basement appears to have been a small garden apartment unit in the 1940s and is well lit from the front-facing windows; opportunity to turn this area back into a home office/studio/workshop with adjacent bathroom. Brick 2 1/2 car garage facing Woodbury Alley. For those interested in the home's restoration potential, whether in the near future or down the road, the home does retain a number of hidden historic features. These include the original deep plaster cornice and rosette still present above the dropped ceiling in the front room, enough remaining trim throughout to replicate casing details and, in the front stairhall, the original stairhall and stairs have both been enclosed but the original stair itself is still present and the original plaster cornice remains above the ceiling. If interested, please reach out to receive a detailed breakdown of all completed work/updates, as well as projected income and expenses based on the 2025 numbers. Pre-qualification letter or equivalent required prior to scheduling a showing. Showings available W-F, 11-4:30, some weekends possible. Please call for appointment. Absolutely no solicitation of services by realtors, please.