229 Hagen Street
Property Description
Don't miss this two-family opportunity in Buffalo's East Side - one of the most talked-about real estate markets in the country. Whether you're an out-of-town investor looking to add cash-flowing assets to your portfolio or a savvy buyer ready to live in one unit while the other pays your mortgage, 229 Hagen Street delivers. This solid duplex features two well-laid-out units - one upper, one lower - each with 2 bedrooms, a full bathroom, and separate living, dining, and kitchen spaces. The home offers its own driveway with a generous backyard, offering the privacy and practicality tenants value, and the roof is in decent condition, so you can focus on your returns, not a maintenance list. The property is awaiting new ownership and tenants, giving you the rare ability to set market-rate rents from day one - no inherited tenants, no lease assignments, no waiting for a unit to become available to live in. In today's Buffalo rental market, that pricing flexibility is a serious advantage. Many 3rd party organizations have named Buffalo one of the hottest housing markets since 2024, and investment interest has remained strong ever since. For out-of-town buyers especially, the numbers are compelling: entry-level multifamily pricing paired with genuine rental demand makes Western New York a standout compared to overheated coastal markets. The neighborhood itself is on an upward trajectory. Governor Hochul recently awarded $10 million from the East Side Building Fund to 35 commercial and mixed-use projects, with several funded directly along the East Delavan corridor - right in this property's backyard. That's a meaningful, state-backed commitment to the area's future, and early investors tend to benefit most. With an affordable acquisition cost, vacant units ready for your tenants, and a city that's earned national recognition for its growth, 229 Hagen Street is a straightforward path to ownership - whether you're planting roots or building a portfolio.Broker Details
Keller Williams Realty Greater Rochester (585) 362-8900
MLS ID: 30199 State License Number: 30SW1092952
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $129,900 |
| No. of Units: | 2 |
| Year Built: | 1917 |
| Lot Size: | 1,291.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $64,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-BNARNY-R1692889
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