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27 Central Ave, Buffalo, NY, 14206

5beds
1baths
1,440sqft
$108,000
$75price/sqft
$1,000/moest. monthly cost
$40,000/yrincome needed

About This Home

Turnkey Cash-Flow Single Family – 27 Central Ave, Buffalo, NY 14206!Fully rented and ready to own — This 5-bed, 1-bath single-family home is currently generating stable monthly rental income with tenants in place. 1,440 sq ft on a 3,750 sq ft lot in the Lovejoy neighborhood (ZIP 14206), this 1901-built home features solid fundamentals, a newer furnace & A/C, updated kitchen, and a completely renovated bathroom. The spacious layout and large backyard add tenant appeal and long-term value. Perfect for hands-off investors seeking reliable cash flow, portfolio expansion, or a BRRRR opportunity with minimal work required. Great rental demand in this established Buffalo neighborhood. Proven income producer — Step into ownership of a turnkey performing asset today. Serious investors only. Additional upside available through light cosmetic updates.

Getting Around

56
WalkingSomewhat Walkable
34
TransitSome Transit
62
BikeBikeable

Schools

4/10
2/10
South Park High SchoolGrades 9-122.3 mi
6/10
Ps 69 Houghton AcademyGrades PK-81.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1901

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Dining Area,Separate/Formal Living Room
  • Flooring: Laminate,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Property

Details

  • Parcel number: 1402001125600002027000
  • Special condition: Standard

Features

  • Exterior features: Concrete Driveway

Lot

  • Lot size: 3,750 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 30 x 125

Parking

  • Parking features: No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Winter Weather
Tsunami

FEMA Declared Disasters in Erie County and New York

Flood
Severe Storm
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $546$6,552
Home Insurance *$54$648
Property Taxes $154$1,848
Electricity $246$2,954
Total$1,000$12,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,285/yr
40% on housing$30,000/yr
45% on housing$26,666/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.9%
-0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 14206$93
Erie County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 14206$136
Erie County$190

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-28Price change$108,000
2026-05-19Listed for sale$119,000
2021-08-23Sold$65,000
2019-12-27Listing removed$64,000
2019-11-13Pending sale$64,000
2019-09-23Price change$64,000
2019-08-26Listed for sale$69,999
2014-03-07Sold$40,000
2013-10-07Sold$4,000
2011-04-25Sold$6,600
2011-03-03Price change$8,000
2011-01-08Listed for sale$9,000
2010-10-29Listing removed$9,000
2010-10-23Price change$9,000
2010-10-09Listed for sale$9,900

For Sale by Agent

AgentAlan Findlay
BrokerageBlue Eagle Realty Corp.

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