$224,900 Price Analysis    ♡   Buffalo, NY 14218 5 bed 2 bath 5,191 SqFt ($43/SqFt) 3,000SqFt lot. Built 1947 Listed 2024-05-28, Taxes $3,831 | Ⓧ USDA Ineligible due to location near Buffalo |
Welcome to this mixed-use
* Sale Pending *Income generating property in Lackawanna, NY. This corner lot offers a unique investment opportunity. The property features a commercial space on the lower level, two rental apartments on the second floor, a two-car garage, a big parking lot tht can accommodate over ten vehicles, a full basement and a full attic. The current tenants provide a steady rental income of $2, 700 (store $1100, upper front $650, upper back $950) per month.
Updates were done in last few years are - new furnace for upper (2021) new hot water tank (2021), newly installed gutters all around the roof (2021) and updated parking lot fence. The property is conveniently located within walking distance of the City of Lackawanna downtown and Erie County Botanical Garden. Location near public transportation, major highways and various amenities are minutes away. Offers will be reviewed as they are received.
Presented by AKM Husen at
Howard Hanna West Seneca.
Property MLS #B1541369 from NYStateAlliance
Full Bathrooms: 2
Heating Features: Gas, ForcedAir
Heating: Yes
Lot Size Acres: 0.0688705
Lot Size Dimensions: 30X100
Lot Size Square Feet: 3000
Garage Description: Paved, TwoorMoreSpaces
Parking Features: Paved, TwoorMoreSpaces
Calculated Total Monthly Association Fees: 0
High School District: Lackawanna
Middle or Junior School District: Lackawanna
Map directions Map directions Map directions Map directionsNumber of Units: 3
Source Listing Status: Pending
County: Erie
Cross Street: Peach st
Directions: Peach Street to 1441 Electric Avenue. Please use GPS.
Source Property Type: Residential
Area: Lackawanna-City-140900
Source Neighborhood: Buffalo Crk Reservation
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Owner Pays: Heat, HotWater, Water
Parcel Number: 140900-142-540-0003-008-000
Postal City: Buffalo
Subdivision: Buffalo Crk Reservation
Property Subtype: MultiFamily
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $180,200 + $9,800 $190,000 | $3,831 |
| 2022 | $180,200 + $9,800 $190,000 | $3,783 |
| 2021 | $180,200 + $9,800 $190,000 | $3,870 |
| 2020 | $61,200 + $3,800 $65,000 | $996 |
| 2018 | $61,200 + $3,800 $65,000 | $3,582 |
| 2016 | $61,200 + $3,800 $65,000 | $3,369 |
| 2015 | $61,200 + $3,800 $65,000 | $2,866 |
| 2014 | $55,200 + $3,800 $59,000 | $499 |
| 2014 | $55,200 + $3,800 $59,000 | $2,093 |
| 2013 | $55,200 + $3,800 $59,000 | $730 |
| 2012 | $55,200 + $3,800 $59,000 | $3,694 |
| 2011 | $55,200 + $3,800 $59,000 | $3,562 |
| 2010 | $55,200 + $3,800 $59,000 | $3,846 |
| 2009 | $55,200 + $3,800 $59,000 | $841 |
| 2007 | $55,200 + $3,800 $59,000 | $767 |
$224,900
NYStateAlliance
Sold 2020-10-28
$90,000
Public Record
Listing removed 2019-04-02
$139,900
NYStateAlliance
Price Changed 2018-11-26
$139,900
NYStateAlliance
Listed 2018-10-02
$149,900
NYStateAlliance
Sold 2012-05-22
$63,500
Public Record
Sold 2008-02-19
$70,000
Public Record
Sold 2006-03-09
$63,600
Public Record
Sold 1995-03-31
$70,000
Public Record
Year Built: 1947
Building Area Source: PublicRecords
Building Area Total: 5191
Construction Materials: VinylSiding
Foundation Details: Poured
Levels: Two
Property Age: 77
Property Condition: Resale
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: Triplex
Sewer: Connected
SewerConnected
WaterConnected
Water Source: Connected, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.