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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
Days on Market: 8
MLS#: B1716170
Subtype: Residential
Year Built: 1916
Bedrooms: 8
Bathrooms: 4
Full Baths: 3
Half Baths: 1
Living Area: 2,640
Lot Size: 6,000
Acres: 0.14
Subdivision: Buffalo Crk Reservation
Neighborhood: Buffalo Crk Reservation
MLS Area Major: Lackawanna

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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.

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Additional Information

Taxes: $5,255
Flooring: Hardwood, Other, See Remarks, Varies
Appliances: Gas Water Heater
Heating: Gas, Forced Air
Stories: 2
Levels: Two
Parking Features: Paved
School District: Lackawanna