Location
Agent Comments
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.
Amenities
- Gas Water Heater
Interior Features
- Heat System: Gas, Forced Air
- Floors: Hardwood, Other, See Remarks, Varies
- Fireplaces: 0
Exterior Features
- Parking: Paved
- Siding: Other, Vinyl Siding, Wood Siding
Additional Features
- County: Erie
- Property Type: Multi Family
- Tax Number: 140900-141-430-0007-027-100
- Water/Sewer: Connected, Not Connected, Public
- Stories: 2
- Year Built: 1916