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.
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.
Property Details
Price:
$799,900
MLS #:
B1655023
Status:
Active
Beds:
14
Baths:
5
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
University District
Neighborhood:
buffalocity140200
Listed Date:
Dec 16, 2025
Finished Sq Ft:
2,364
Total Sq Ft:
2,364
Lot Size:
3,450 sqft / 0.24 acres (approx)
Year Built:
1920
Units:
4
See this Listing
Schools
School District:
Buffalo
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Flooring
Hardwood, Varies
Heating
Gas, Baseboard, Forced Air, Hot Water, Radiant, Steam
Laundry Features
Common Area, Washer Hookup
Exterior
Architectural Style
Other, See Remarks, Fourplex
Community Features
Trails Paths
Construction Materials
Composite Siding, Vinyl Siding, Copper Plumbing
Exterior Features
Balcony, Fully Fenced, Fence, Private Yard, See Remarks
Parking Features
Parking Available, Two Or More Spaces
Roof
Asphalt
Financial
Taxes
$10,160
Map
Community
- Address49 51 54 Merrimac Street Buffalo NY
- CityBuffalo
- CountyErie
- Zip Code14214
Subdivisions in Buffalo
- 200 Delaware Condo
- 200 Delaware Residential
- 770 West Ferry Condo
- 800 West Ferry Condo
- 900 Delaware Condo
- Admirals Walk Condo
- Allentown
- Apollos Stevens Surv
- Appollo Stevens Surv
- Appollos Stevens Surv
- Bailey Estate 01
- Bailey Estates
- Bailey-Lovejoy
- Barker Square Condo
- Berkshire Terrace
- Bethune Lofts
- Bird Farm
- Black Rock
- Boulevard Land Co
- Bryant Parish Condo
- Buffalo
- Buffalo Crk Erservation
- Buffalo Crk Indian Reserv
- Buffalo Crk Resermation
- Buffalo Crk Reservation
- Buffalo Crk Sub
- Central Park
- City Centre Condo
- City/Buffalo
- Cold Springs
- Colvin Estates
- Colvin Park 01
- Colvin Park Map #4
- Colvin Park Sub Map #1
- Colvin Park Sub Map #2
- Congress Street
- Copeland Place
- Delaware District
- Delaware Tower
- Delaware Tower Condo
- Delaware Tower Condos
- Downtown
- East Side
- Elmwood
- Elmwood Strip
- Estate/James H Metcalfe
- Executive Condo
- Ferry
- Ferry Lt
- Fillmore Leroy
- First Ward
- Fruit Belt
- Garner
- Georgian Village Condo
- Gore
- Gore Tr
- Hamlin Park
- Highland Park
- Historic Warehouse Condo
- Historic Warehouse LLC
- Holland
- Holland Land
- Holland Land Co
- Holland Land Companies Su
- Holland Land Company
- Holland Land Company Surv
- Holland Land Company’s
- Holland Land Company’s Su
- Holland Land Companys
- Holland Land Companys Sub
- Holland Land Companys Sur
- Holland Land Compnay’s Su
- HOLLAND LAND COS SURV
- Holland Lands Company’s S
- Homes Tr
- Hospital Hill
- Humboldt Park
- Jones
- Jones Tr
- Jones Tract
- Judge’s Row
- Kaisertown
- Kensington
- Kensington Heights
- Kensington Park
- Lang Field Sub Map #2
- Late South Vlg/Black Rock
- Late Vlg/Black Rock
- Lee & Mcphersons Sub
- Lower West Side
- M Davey’s Surv
- Manns Plan
- Masten
- Masten Park
- Mile Reserve
- N3384/0001
- New York State Reservatio
- Niagara
- North Buffalo
- Ogden Gore Tr
- Parish
- Parish Tr
- Parish Tract
- Park Gardens Sub 1
- Park Gardens Sub 5
- Park Land Associations
- Park Lane Condo
- Park Meadow
- Park View Estates
- Parkside
- Pasquale Condo
- Polonia
- River View Land Co
- Rivermist Dev Ph 1
- Riverside
- Schiller Park
- Section 89 70
- South Buffalo
- South Park Sub
- South Village Black Road
- South Village Black Rock
- South Village/Black Rock
- South Vlg/Black Rock
- St Marys Square Condo
- Stevens Surv
- Symphony Circle Condo
- Tivoli Gardens Condo
- University District
- University Heights
- University Park Sub
- Vernon Triangle
- Waterfront Village Pt II
- Waterloo-Hubbell Sub
- West End Condo Bldg
- West Side
- Willert Park
- Woodside Land Co
Market Summary
Current real estate data for Multi Family in Buffalo as of Feb 05, 2026
291
Multi Family Listed
108
Avg DOM
96
Avg $ / SqFt
$242,776
Avg List Price
Property Summary
- 49 51 54 Merrimac Street Buffalo NY is a Multi Family for sale in Buffalo, NY, 14214. It is listed for $799,900
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Courtesy of James R. Militello. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 49 51 54 Merrimac Street
Buffalo, NY