20 Richlawn AvenueBuffalo, NY 14215
Holland Land Company's Su · Erie County
Description
An exceptional opportunity for investors or owner-occupants seeking both income potential and long-term value. Live in one unit while generating rental income from the second, or add this turnkey property to your investment portfolio. This well maintained duplex offers 1,920 square feet of living space and includes a separate 30' x 121' vacant lot, presenting additional possibilities for future use or expansion. The lower unit has been thoughtfully renovated and features custom kitchen cabinetry, natural woodwork, replacement windows, and a beautifully updated bathroom that blends timeless character with modern comfort. The upper unit also features replacement windows, enhancing efficiency and appeal. Significant capital improvements provide lasting value and peace of mind, including a tear-off roof completed 7+ years ago, blown-in insulation, newer furnaces, and new hot water tanks (2026). Each residence enjoys its own private porch, creating an inviting outdoor retreat for tenants or owners alike. Long-term tenants are currently in place and have expressed a desire to remain, offering immediate, dependable rental income from closing day. With strong cash-flow potential, quality updates, and the added benefit of an included vacant lot, this is a rare opportunity to acquire a well-cared-for, income-producing property with enduring investment appeal.
Property Information
- Property type
- Residential
- Sub-type
- Multi Family
- Style
- Duplex
- Year built
- 1920
- Stories
- 2
- Living area
- 1,920 Sq Ft
- Lot size
- 0.08 acres
- Lot dimensions
- 30X121
- Garage spaces
- 2
- Days on market
- 90
- MLS® Listing#
- B1692470
Property Features
- Interior
- Ceiling Fan(s) · Natural Woodwork
- Appliances
- Gas Water Heater · Water Heater
- Cooling
- Ceiling Fan(s)
- Heating
- Natural Gas · Forced Air
- Flooring
- Ceramic Tile · Hardwood · Varies · Vinyl
- Basement
- Full
- Parking
- Concrete
- Laundry
- Washer Hookup
- Patio
- Deck · Covered · Porch
- Lot features
- Near Public Transit · Rectangular Lot
- Construction
- Blown-In Insulation · Shake Siding · Wood Siding
- Foundation
- Block
- Roof
- Asphalt · Shingle
- Utilities
- Sewer Connected · Water Connected
- Water source
- Public
Financial Details
- Annual taxes
- $2,565
- Assessed value
- $121,000
- Parcel number
- 140200-090-460-0001-005-000
Directions
Kensington to Leroy to Hill to Wakefield to Richlawn (one way street)
Listing Courtesy: Red Door Real Estate WNY LLC - 716-390-8588
Presented by: Ranaiah Sunstar
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Fair Housing NoticeLast Updated: 2026-06-20
Buffalo Market Statistics
How this home compares to 926 active listings in Buffalo, NY
| Buffalo median | This listing | |
|---|---|---|
| Median days on market | 50 | 90 |
| Median Sq Ft | 1,783 | 1,920 |
| Median price / Sq Ft | $111 | $96 |
Market statistics compiled from active EXIT Realty® and MLS listings in Buffalo, NY.
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| 161 Kensington Avenue, Buffalo, NY | $189,900 | 4 | 2 | 1,864 |
