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3 Rudolph St Lackawanna, NY 14218

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Pending
$800,000

Two five-unit buildings with value-add potential in Lackawanna, NY.

Lot size:
0.25 Acres

Property Features for 3 Rudolph St

General Information

Property type
Investment
Standard status
Pending
Lot size
0.25 Acres

Building Details

Year built
1947

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Listing Contact
Michael F Battaglia
Source: Elliman

Listing Agency: Network One Realty Listing Agent: Michael F Battaglia

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

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Overview

Two Brick Apartment Buildings Package

This is a package sale featuring two brick five-unit buildings. The property includes a two-car garage. Tenants are responsible for electric, while the owner covers gas and water expenses. Shared expenses for snow removal, lawn maintenance, and trash disposal are in place with the adjacent property owner. Some tenants are on leases, while others are on a month-to-month basis. The roof is approximately 10 years old, and some windows have been replaced. Coin laundry facilities are available in the basement. Rents are below market value for the area, presenting a value-add opportunity. Please note that the buildings cannot be separated.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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City
Lackawanna
County
Erie
State
New York
Longitude
-78.8180041
Latitude
42.8318707

FAQs

What type of property is this?
Apartment building - Two five-unit buildings with value-add potential in Lackawanna, NY.
Where is this apartment building located?
The property is located at 3 Rudolph St Lackawanna, NY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: - Excellent Location; - "Value Add" Opportunity with Rents Below Market; - Package Sale: Two Brick 5-Unit Buildings
More about this property
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