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Joe Andriatch

joe@evolve716.com +1(716) 465-8063

$177,500

Est. payment - /mo

6 Beds

3 Baths

2,953 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,953 sqft

Price per Sqft $60

MLS Listing ID B1698737

Style Triplex

Bedrooms 6

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1890

Annual Tax Amount $3,874

Lot Size 10,815 Sqft

Acres 0.2483

Lot Dimensions 60X180

Property Sub-Type Multi Family

Property Description

Welcome to 156 Lake Shore Drive W An Exceptional investment opportunity with lake views, RARE dual residential and commercial zoning, and significant income-producing potential. Located Just steps away from Lake Erie, this unique property consists of three separate 2-bedroom, 1-bath units, offering an attractive combination of immediate rental income and future upside! The Front building features an upper/lower duplex, with both units currently vacant and ready to lease or move right in for Owner occupancy. The upper unit has been freshly painted and updated with a combination of stunning new vinyl and carpet flooring, while the lower unit is also rent ready and offers additional opportunity for a new owner to maximize rental income. A separate rear 2-bedroom, 1-bath residence provides additional income and is currently rented for $650 per month. The rear unit also has an attached garage for extra storage, while the lower unit has main stair access to the Basement and the upper unit has pulldown stairs to a full sized attic. With all three units easily capable of generating rental income, the property offers substantial potential for increased gross annual revenue as the vacant units are leased and rents are brought closer to current market levels. The property's dual residential and commercial zoning provides additional flexibility and value for investors, owner residents, or future redevelopment opportunities. With continued development in the surrounding area, including the planned new hospital and other large future projects, this location benefits from increased demand, additional employment, Medical housing and even more further growth in the years ahead. Don't miss this rare opportunity to acquire a versatile multi-unit property with lake views, multiple income streams, flexible zoning, and meaningful long-term investment potential. Showings are easy for the duplex but please allow 24 hour notice for the tenants in rear unit.

Location

State NY

County Chautauqua

Area Dunkirk-City-060300

Direction USE GPS

Body of Water Lake Erie

Rooms

Basement Exterior Entry, Full, Walk-Up Access, Sump Pump

Interior

Interior Features Pull Down Attic Stairs

Heating Gas, Forced Air, Multiple Heating Units, Space Heater, Wall Furnace

Cooling Wall Unit(s)

Flooring Carpet, Hardwood, Laminate, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Deck

Garage Spaces 1.0

Utilities Available Sewer Connected, Water Connected

Waterfront Description Lake

View Y/N Yes

View Water

Roof Type Asphalt

Porch Deck, Open, Porch

Garage Yes

Building

Lot Description Corner Lot, Other, Rectangular, Rectangular Lot, Residential Lot, See Remarks

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Triplex

Level or Stories Two

Structure Type Composite Siding,Vinyl Siding

Construction Status Existing

Schools

School District Dunkirk

Others

Senior Community No

Tax ID 060300-079-013-0002-005-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by WNY Metro Roberts Realty 716-949-4305

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Joe Andriatch

+1(716) 465-8063

Broker | License ID: 10311209306

Broker License ID: 10311209306

156 Lake Shore DR W Dunkirk, NY 14048

Joe Andriatch

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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