Welcome to 2727 Alder Creek Dr. S., a rare investment opportunity in the highly desirable Town of Wheatfield! Nestled on a quiet street with ample off-street parking, this well-maintained all-brick four-unit property offers the perfect blend of immediate income, long-term stability, and future upside. The building features three spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, making it an attractive option for a variety of tenants. Two long-term tenants would love to remain, providing instant rental income, while the two vacant units present an excellent opportunity for an owner-occupant to offset their mortgage or for an investor to lease at current market rates. Recent improvements include a complete tear-off roof (June 2026), offering peace of mind for years to come. Additional amenities include common laundry facilities, air conditioning in every unit, interior storage space for tenants, and two storage sheds for added convenience. The expansive rear yard offers even more potential, with plenty of room to build a garage for additional rental income or tenant amenities (buyer to verify approvals). Whether you’re looking to expand your investment portfolio or begin your journey as an owner-occupant, this income-producing property checks all the boxes with its desirable location, solid construction, valuable updates, and future income potential. Opportunities like this don’t come along often!
Property Details
Price:
$429,000
MLS #:
B1701082
Status:
Pending
Beds:
7
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Alder Crk Apts
Neighborhood:
wheatfield294000
Listed Date:
Jul 23, 2026
Finished Sq Ft:
3,744
Total Sq Ft:
3,744
Lot Size:
14,375 sqft / 0.33 acres (approx)
Year Built:
1990
Units:
4
See this Listing
Schools
School District:
Niagara Wheatfield
Middle School:
Edward Town Middle
High School:
Niagara-Wheatfield Senior High
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Varies, Vinyl
Heating
Electric, Baseboard
Interior Features
Ceiling Fans
Laundry Features
Accessible Utilities Or Laundry, Common Area
Levels
Two
Exterior
Accessibility Features
Accessible Entrance
Architectural Style
Fourplex
Construction Materials
Brick, Copper Plumbing
Exterior Features
Patio
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Paved, Parking Available
Patio And Porch Features
Patio
Roof
Asphalt, Architectural, Shingle
Stories
2
Financial
Taxes
$9,178
Map
Community
- Address2727 Alder Creek Drive South Wheatfield NY
- SubdivisionAlder Crk Apts
- CityWheatfield
- CountyNiagara
- Zip Code14120
Subdivisions in Wheatfield
Market Summary
Current real estate data for Multi Family in Wheatfield as of Sep 01, 2026
6
Multi Family Listed
75
Avg DOM
123
Avg $ / SqFt
$386,883
Avg List Price
Property Summary
- Located in the Alder Crk Apts subdivision, 2727 Alder Creek Drive South Wheatfield NY is a Multi Family for sale in Wheatfield, NY, 14120. It is listed for $429,000
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Courtesy of Keller Williams Realty WNY. 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. 2727 Alder Creek Drive South
Wheatfield, NY

