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    97 Fernald Ave Lackawanna, NY 14218

    For Sale
    $259,950

    Two-family brick dwelling with separate utilities, suitable for investment.

    Lot size:
    0.11 Acres

    Property Features for 97 Fernald Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1935

    Source: Owner Entry.com Agent David White

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brick Two-Family Dwelling For Sale

    This brick two-family dwelling features separate utilities, making it suitable for owner-occupancy, multi-generational living, or investment purposes. The property includes newer mechanical systems and a full basement. A two-car garage is present, which includes a second floor accessible by stairs, suitable for storage or use as a workshop. The property is advertised as mostly maintenance free. It is estimated that the property can generate $2,800 per month in rent. Located in Lackawanna, NY, this property offers potential for rental income, allowing an owner to live in one unit and rent out the other to assist with mortgage payments.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lackawanna
    County
    Erie
    State
    New York
    Longitude
    -78.7997146
    Latitude
    42.8249502

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    FAQs

    What type of property is this?
    Duplex - Two-family brick dwelling with separate utilities, suitable for investment.
    Where is this duplex located?
    The property is located at 97 Fernald Ave Lackawanna, NY.
    What is the asking price?
    The asking price for this property is $259,950.
    What are key features of this property?
    This property features: - Income potential: Generate $2,800 per month in rent.; - Multi-family dwelling: Ideal for owner-occupant, multi-generational living, or investment.; - Tenants pay their own bills with separate utilities.
    (617) 542-9300
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    97 Fernald Ave Lackawanna, NY 14218
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    Lackawanna, NY 14218
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    97 Fernald Ave Lackawanna, NY 14218
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