$2,850,000
About this home
Welcome to Brighton Place Townhouses — an exceptional investment opportunity to acquire a fully occupied apartment complex featuring 38 identical 2-bedroom, 1-bath townhome-style units. Each unit includes both front and rear entrances, a spacious living room with hardwood floors, and a full kitchen on the main level. Upstairs, you’ll find two bedrooms and a full bathroom. Every unit also includes a private basement along with individual furnaces, water heaters, and separate gas and electric meters. Tenants are responsible for their own utilities, with the exception of water and sewer. The property offers ample parking for all residents, plus 14 garage bays. The complex benefits from stable occupancy, and over two-thirds of the rental income is guaranteed through subsidies. Significant upside exists in raising rents, and a fresh Certificate of Compliance has just been issued. Offered at $2.85M, this investment delivers a strong 10% cap rate.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $19,968
- Utilities
- $5,646
- Transportation
- $0
- Other (entertainment)
- $140
Quick facts
At a glance
Home features
Lot features
Rectangular, RectangularLot, ResidentialLot
Neighborhood — 13205
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 20,844 | 19,351,094 | 299,088,112 |
| Population Change Since1990 | -16.00% | 8.00% | 20.00% |
| Population Density | 6,074 | 395 | — |
| Male | 9,460 | 9,381,926 | 147,432,321 |
| Female | 11,384 | 9,969,168 | 151,655,844 |
| Never Married | 5,828 | 4,946,391 | 63,775,926 |
| Married | 5,423 | 7,166,701 | 123,120,365 |
| Separated | 1,274 | 1,159,673 | 12,639,686 |
| Widowed | 1,793 | 1,110,245 | 15,467,586 |
| Divorced | 1,656 | 1,210,448 | 23,075,029 |
| Number Of House Hold | 8,098 | 7,102,016 | 111,826,380 |
| Average House Hold Size | 2.50 | 2.64 | 2.60 |
| Medial Age | 35.35 | 36.53 | 35.46 |
| Median House Hold Income | $27,491 | $49,847 | $48,276 |
| Average House Hold Income | $38,613 | $70,032 | $63,629 |
| P C I | $15,851 | $26,569 | $24,529 |
| M D I | $24,873 | $42,210 | $41,133 |
| A T H E | $37,017 | $54,185 | $50,898 |
| S T R | 8.00% | 4.00% | — |
| W C J | 80.87% | 81.55% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Listing information last refreshed 5/21/2025. Provided courtesy of Acropolis Realty Group LLC via Buffalo MLS. Information deemed reliable but not guaranteed.