427 Hoyt Street, Buffalo, NY 14213

Property Description

Luxury meets investment opportunity at 427 Hoyt Avenue. This beautifully reimagined duplex has been extensively renovated from top to bottom & offers the perfect blend of upscale living and exceptional income potential. Whether you're searching for a premium owner occupied property or a turnkey addition to your investment portfolio, this one stands in a class of its own. Each spacious apartment offers 3 bedrooms, generous living spaces, forced air furnaces & A/C, creating comfortable modern living rarely found in Buffalo multifamily properties. The vacant lower unit is absolutely stunning & feels more like a custom single family home than a traditional apartment. The open concept floor plan is anchored by an incredible chef's kitchen featuring white shaker cabinetry, granite countertops, a massive waterfall island, stainless steel appliances, recessed lighting, designer fixtures, & abundant entertaining space that flows seamlessly into the living and dining areas. Both bathrooms have been tastefully designed with timeless subway tile surrounds, modern vanities, stylish fixtures, & one of a kind Buffalo inspired mural feature walls that pay tribute to the city's rich history and waterfront. Since 2019, this property has undergone an extensive transformation inside and out including an architectural shingle roof, vinyl siding, vinyl replacement windows, concrete driveway, garage door, updated PEX water supply lines, PVC drain lines, updated electrical wiring and electrical panels, new drywall throughout both units, flooring, interior doors, trim, kitchens, bathrooms, lighting, fixtures, & mechanical improvements. The upper apartment is currently rented for $1,550 per month on a month to month lease.The vacant lower apartment gives buyers the rare opportunity to immediately occupy the property or lease it at today's market rates. The attached garage, concrete driveway, additional storage space & quality updates throughout make this an attractive long term investment.