117 Kirby Avenue, Lackawanna, NY 14218

$259,900
5
BD
8,287
SqFt

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List Price
$259,900
Status
ACTIVE
MLS#
B1721756
Year Built
1900
Stories
2
Bedrooms
5
Acres
0.43
Living Area
8,287
Subdivision
Buffalo Crk Reservation
Region
Lackawanna
Neighborhood
Buffalo Crk Reservation

Property Description

**FIVE-UNIT INVESTMENT OPPORTUNITY WITH PLENTY OF POTENTIAL!** Welcome to 117 Kirby Avenue in Lackawanna, NY! Whether you're beginning your real estate investment journey or looking to expand an established rental portfolio, this substantial multifamily property offers an opportunity to build long-term value. Featuring approximately 8,287 square feet on a generous 0.43-acre corner lot, the property consists of five apartments: one 4-bedroom, 1-bath unit, three 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, providing a total of 11 bedrooms and 5 bathrooms. This versatile unit mix offers a variety of rental configurations within one property. The building features spacious living areas, individual kitchens and bathrooms, and a combination of interior finishes and original character throughout. A full basement and driveway provide additional functionality, while the property's considerable size presents opportunities for cosmetic improvements and future upgrades. For those entering the investment market, this property offers the opportunity to establish a five-unit rental portfolio with a single purchase. Experienced investors will appreciate the number of units, substantial square footage, and potential to improve rental appeal and long-term value. Conveniently situated near Electric Avenue with access to shopping, restaurants, public transportation, and major roadways. Whether your goal is to establish rental income, renovate and reposition a property, or continue growing your portfolio, **117 Kirby Avenue offers the space, flexibility, and opportunity to make it happen!**

Additional Information

Taxes
$4,615
Exterior Features
Blacktop Driveway
School District
Lackawanna
Water
Connected, Public
Sewer
Connected
Garage Spaces
1

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Listing courtesy of Gurney Becker & Bourne. Contact: 716-392-0844