UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,909 sqft
Price per Sqft $125
MLS Listing ID B1690290
Style Triplex
Bedrooms 5
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1905
Annual Tax Amount $3,531
Lot Size 3,253 Sqft
Acres 0.0747
Lot Dimensions 30X108
Property Sub-Type Multi Family
Property Description
Welcome to 31-33 Elkhart Street in Lackawanna, a well-maintained triplex situated on a rare double lot. Owned and meticulously cared for by the same owner for more than 20 years, this property offers immediate income potential along with the added convenience and flexibility that extra outdoor space provides.
The triplex features an attractive unit mix consisting of one spacious 3-bedroom, 1-bath apartment, one 1-bedroom, 1-bath apartment, and one studio apartment, providing strong rental appeal across multiple tenant demographics. Residents also enjoy access to a common coin-operated laundry area, creating an additional income stream for ownership. Significant capital improvements have already been completed, including a newer electrical service line, updated electrical panels and panel boxes, extensive rewiring, and updated copper plumbing, helping provide peace of mind for the next owner.
One of the standout features of this property is the expansive double lot, currently utilized as off-street tenant parking. The extra space provides a valuable amenity for tenants while enhancing the overall functionality and appeal of the property.
This income-producing property offers investors a unique combination of rental income, tenant-friendly amenities, and long-term pride of ownership. Whether you're looking to add to your existing portfolio or purchase your first investment property, 31-33 Elkhart Street presents an opportunity you won't want to miss.
Showings begin at the Open House on Thursday, June 18th from 5:00 PM to 7:00 PM.
Location
State NY
County Erie
Area Lackawanna-City-140900
Direction South Park to Elkhart St.
Rooms
Basement Crawl Space
Interior
Heating Gas, Forced Air
Flooring Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Aluminum Siding
Construction Status Existing
Schools
School District Lackawanna
Others
Senior Community No
Tax ID 140900-142-700-0001-007-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
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