Bob Kayne
Licensed Associate Real Estate Broker
CRS, GRI, ABR
Liverpool, NY
Cell: (315) 345-2778 Office: (315) 622-0161 Fax: (315) 622-4613 Toll Free: 1-877-683-0678

723 Kensington Avenue, Buffalo, NY 14215

New - 9 Hours Ago
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Property Description

723 Kensington Ave in the 14215 presents a rare opportunity for both investors & owner-occupants to secure a property with immediate income, long-term upside, & exceptional value. This solid 3/3 double offers the perfect combination of stability & future growth, featuring a long-term lower tenant of more than 20 years who pays $550 per month plus utilities. While providing reliable income from day one, the current rent is well below today's market rates for a three-bedroom apartment, creating a clear value-add opportunity for investors seeking increased cash flow & stronger returns over time. For owner-occupants, this property offers an ideal house-hacking opportunity. Live comfortably in the bright & spacious upper unit while rental income from the lower apartment helps offset a significant portion of your monthly mortgage payment. It's an excellent way to build equity while enjoying the benefits of homeownership at a reduced cost. The home itself is loaded with desirable features, including separate utilities, high ceilings, updated windows in the upper unit, a full basement w/ laundry hookup for each apartment, & a walk-up attic that offers tremendous potential for additional storage, or future improvements. Outside, the large front porch provides a welcoming space to relax, while the rare off-street parking for three or more vehicles adds convenience & value! Situated near the Kensington & Bailey Avenue corridors, the property offers easy access to shopping, dining, public transportation, schools, & everyday conveniences. It's just minutes from major employers & institutions, including ECMC, & Buffalo Niagara International Airport, helping support strong rental demand & long-term investment potential. Buffalo's affordable housing market, steady population growth, & continued investment throughout the city have made multi-family properties like this increasingly attractive. Whether you're looking to add a cash-flowing asset to your portfolio, generate wealth through rental income, or purchase a home that helps pay for itself, this delivers. Immediate income, significant upside potential, desirable property features, & a convenient location, Here's YOUR VAULE!

723 Kensington Avenue | MLS# B1691061

This multi-family property located at 723 Kensington Avenue, Buffalo, NY 14215 is currently listed for sale with an asking price of $174,999. Kensington Avenue is located within the Buffalo school district. Search Buffalo real estate on bob-kayne.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, ForcedAir
Home Style: Duplex
Lot Size: 0.13 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $2,149
Year Built: 1915

Amenities

Balcony

Feature Descriptions

Appliances: GasWaterHeater
Exterior: CompositeSiding, CopperPlumbing, PexPlumbing
Flooring: Carpet, Laminate, Tile, Varies
Lot: NearPublicTransit, Rectangular, RectangularLot
Lot Dimensions: 41X138
Parcel#: 140200-090-460-0006-004-000
Parking: Gravel, Paved, TwoOrMoreSpaces
Parking Notes: Gravel, Paved, TwoOrMoreSpaces
Patio/Porch: Balcony
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Buffalo

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Estimated Payment

$ 619.60 per month $389.47 Principal & Interest $179.08 Property Tax $51.04 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna WNY Inc.
Agency Contact: 716-416-4663

Shown By

Agent Name: Bob Kayne
Agent Phone: (315) 345-2778 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/17/2026. The listing information on this page last changed on 06/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/17/2026 6:05:23 AM EST) or Global MLS (last updated Wed 06/17/2026 1:22:16 AM EST) or New York State Alliance MLS (last updated Wed 06/17/2026 2:34:50 AM EST) or Hudson Valley Catskill Region MLS (last updated Wed 06/17/2026 12:11:14 AM EST) or OneKey MLS (last updated Wed 06/17/2026 1:45:29 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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