89 Holland Avenue, Lackawanna, NY 14218

$299,900
8
BD
4
BA
2,640
SqFt

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List Price
$299,900
Status
ACTIVE
MLS#
B1716170
Year Built
1916
Stories
2
Bedrooms
8
Bathrooms
4
Baths Half
1
Acres
0.14
Living Area
2,640
Subdivision
Buffalo Crk Reservation
Region
Lackawanna
Neighborhood
Buffalo Crk Reservation

Property Description

Welcome to 89 Holland Ave, a well-located 3-unit multi-family property in the City of Lackawanna. This approximately 2,640 sq. ft. property offers an excellent opportunity for investors seeking an income-producing asset or an owner-occupant looking to offset expenses with rental income. The property currently generates $3,200 per month in gross rental income, or $38,400 annually, with three separate apartments. Current rents are $900/month for the first unit, $1,000/month for the second unit, and $1,300/month for the third unit. The property sits on a 60 x 100 ft. rectangular lot and offers a flexible multi-family layout with potential for long-term investment value.

Additional Information

Taxes
$5,255
School District
Lackawanna
Water
Connected, Not Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Howard Hanna WNY Inc.. Contact: 716-533-3368