Active

$799,900

49-51 54 Merrimac St, Buffalo, NY 14214

14beds

2,364sqft

Quadruplex, Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$338/sqft

$-- HOA

What's special

This three-property portfolio, located just minutes from the University at Buffalo, is a fully leased, turnkey investment. 49 Merrimac: 2,364 Sq. Ft. 51 Merrimac: 1,194 Sq. Ft. 54 Merrimac: 1,624 Sq. Ft. The total package includes four units comprised of 14 bedrooms and 4.5 bathrooms, all currently rented with steady cash flow. Each property is well-maintained and situated in a strong rental neighborhood. An ideal opportunity for investors seeking a turnkey, income-generating portfolio in a rental market with consistent demand. Rent includes utilities up to a capped dollar amount per month. Taxes (2025 County/2024-5 School/City), 54 Merrimac was built in 1928.

236 days

179

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Gas, Baseboard, Forced Air, Hot Water, Radiant, Steam

Appliances

Included: Gas Water Heater
Laundry: Common Area, Washer Hookup

Features

Ceiling Fan(s), Storage, Natural Woodwork
Flooring: Hardwood, Varies
Basement: Full,Sump Pump
Has fireplace: No

Interior area

Total structure area: 2,364
Total interior livable area: 2,364 sqft

Property

Parking

Parking features: Parking Available, Two or More Spaces

Features

Levels: Two
Stories: 2
Patio & porch: Balcony
Exterior features: Balcony, Fully Fenced, Fence, Private Yard, See Remarks
Fencing: Full,Partial

Lot

Size: 10,349 Square Feet
Dimensions: 60 x 115
Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Details

Additional parcels included: 402000794600005014000
Parcel number: 1402000794600005013000
Zoning description: Other - See Remarks
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other,See Remarks,Fourplex
Property subtype: Quadruplex, Multi Family

Materials

Composite Siding, Vinyl Siding, Copper Plumbing
Roof: Asphalt

Condition

Resale
Year built: 1920

Utilities & green energy

Electric: Circuit Breakers
Sewer: Connected
Water: Connected, Public
Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected

Community & HOA

Community

Features: Trails/Paths

Location

Region: Buffalo

Financial & listing details

Price per square foot: $338/sqft
Tax assessed value: $651,000
Annual tax amount: $10,160
Date on market: 12/16/2025
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
12/16/2025	Listed for sale	$799,900$338/sqft
Source: NYSAMLSs #B1655023 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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