Four-Unit Residential Income
For Sale
$229,000
85 Kirby Ave, Lackawanna, NY 14218
Well-maintained quadplex offers four two-bedroom units with updated electrical and a tear-off roof replacement.
Property Size2,640 SF
Days on Market56
Property Features for 85 Kirby Ave
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,512
Building Details
Building Size
2,640 SF
Year Built
1902
Stories
3
Units
4
Listing Agency:
WNY METRO ROBERTS REALTY
(716) 880-6723
Listed By:
Alan Miller · License #10401326370
(716) 880-6723
Source:
Elliman
Added: Jul 1
Changed: Aug 20
Last Checked: Aug 24 at 6:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WNY METRO ROBERTS REALTY
Investment Insights
Based on property information with market context.
85 Kirby Avenue is a four-unit residential income property with each apartment featuring two bedrooms, an eat-in kitchen, a spacious living room, and a full bathroom. The building includes walk-up attic storage, and updated electrical panels are installed in every unit. Some apartments also benefit from on-site laundry facilities, adding convenience for residents.
The property sits on a quiet corner lot and is supported by a mix of on-site parking spaces and street parking. Tenants are responsible for their own utilities and appliances, which can simplify day-to-day management. The exterior is described as meticulously maintained, with a complete tear-off roof installed approximately 10 years ago using 30-year architectural asphalt shingles.
This setup can fit investors or owner-occupants seeking rental income from a stable, long-term tenanted building. With consistent unit layouts and practical in-building storage, the property is positioned for straightforward operations. For prospective residents, the two-bedroom layout combined with full bathrooms and eat-in kitchens supports comfortable everyday living.
The property sits on a quiet corner lot and is supported by a mix of on-site parking spaces and street parking. Tenants are responsible for their own utilities and appliances, which can simplify day-to-day management. The exterior is described as meticulously maintained, with a complete tear-off roof installed approximately 10 years ago using 30-year architectural asphalt shingles.
This setup can fit investors or owner-occupants seeking rental income from a stable, long-term tenanted building. With consistent unit layouts and practical in-building storage, the property is positioned for straightforward operations. For prospective residents, the two-bedroom layout combined with full bathrooms and eat-in kitchens supports comfortable everyday living.
Key Highlights
- Four‑unit apartment building built in 1902, currently generating $3,200/month in rental income
- Each unit features 2 bedrooms, an eat‑in kitchen, a spacious living room, and a full bathroom
- Updated electrical panels in every unit and tenants handle their own utilities and appliances
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 14218, NY
20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained quadplex offers four two-bedroom units with updated electrical and a tear-off roof replacement.
Where is this quadplex located?
The property is located at 85 Kirby Ave Lackawanna, NY.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Four‑unit apartment building built in 1902, currently generating $3,200/month in rental income; Each unit features 2 bedrooms, an eat‑in kitchen, a spacious living room, and a full bathroom; Updated electrical panels in every unit and tenants handle their own utilities and appliances
