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3 Lilac Street, Buffalo, NY 14220

$168,000
: 3
BD
: 2
BA
: 2,054
SqFt

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List Price: $168,000
Status: PENDING
Days on Market: 37
Price Change: ▲ $29,000 1786059406
MLS#: B1695821
Subtype: Residential
Style: Duplex
Architectural Style: Duplex
Year Built: 1920
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Living Area: 2,054
Lot Size: 4,455
Acres: 0.10
Subdivision: Buffalo Crk Reservation
Neighborhood: Buffalo Crk Reservation
MLS Area Major: Buffalo City

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Property Description

Investment opportunity with immediate cash flow! HIGH Cap Rate! Motivated Seller! This 3bedroom, 2bath duplex features a 1bed/1bath unit on the first floor and a 2bed/1bath unit on the upper level, plus a bonus attic space for storage or future potential. Both units are currently occupied with paying tenants in place, delivering day-one income and a strong cap rate for the savvy investor. Split utilities keep operating costs efficient, while shared backyard space and basement laundry add tenant appeal. A straightforward value-add opportunity for investors looking to expand their portfolio! 24hr Notice Required prior.

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Additional Information

Interior Features: Natural Woodwork
Exterior Features: Fence, Private Yard, See Remarks
Taxes: $2,014
Property Description: Duplex
Flooring: Carpet, Hardwood, Luxury Vinyl, Varies
Appliances: Gas Water Heater
Heating: Gas, Forced Air
Parking Features: Concrete
School District: Buffalo