85 Kirby Avenue, Lackawanna, NY 14218

$239,000
8
BD
4
BA
2,640
SqFt

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List Price
$239,000
Status
ACTIVE
MLS#
B1693346
Price Change
▼ $10,000 1784245150
Year Built
1902
Stories
3
Bedrooms
8
Bathrooms
4
Acres
0.09
Living Area
2,640
Subdivision
Buffalo Crk Reservation
Region
Lackawanna
Neighborhood
Buffalo Crk Reservation

Property Description

Welcome to 85 Kirby Avenue – an exceptional four-unit apartment building presenting a valuable opportunity for investors or owner-occupants seeking rental income to offset mortgage expenses. Each generously sized unit comprises two bedrooms, an eat-in kitchen, a spacious living room, and a full bathroom. Select units are further enhanced by on-site laundry facilities, providing added convenience. The building boasts ample storage space within its walk-up attic and features updated electrical panels in every unit, ensuring modern functionality and safety for residents. Parking arrangements include a combination of on-site spaces and street parking, offering flexibility to accommodate various needs. The exterior of the property is meticulously maintained and highlighted by a durable, complete tear-off roof installed ten years ago, featuring 30-year architectural asphalt shingles. This significant investment adds long-term value and peace of mind to the building’s overall appeal. Tenants assume responsibility for their own utilities and appliances, thereby simplifying management duties. Currently generating $3,200 per month in rental income, 85 Kirby Avenue is situated on a quiet corner lot within a well-established neighborhood. The longevity of tenancy is notable, with several residents having called this property home for decades, underscoring the strong community appeal and stability inherent to this location. Do not miss this outstanding investment opportunity. Make 85 Kirby Avenue your next successful real estate venture today.

Additional Information

Taxes
$5,512
Exterior Features
Deck, Fence
Style
Fourplex
School District
Lackawanna
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of WNY Metro Roberts Realty. Contact: 716-875-2211