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Central Ave. to Newell in Village of Lancaster


Description

Add 38-40 Newell to Your Portfolio! 2 BUILDINGS - 4 Units, Two Adjoined Lots - Nearly a Quarter Acre in the Village of Lancaster. Both Structures Newly Painted (Spring 2017) on a Quiet Neighborhood Street.#38 was Once a Business and May Still Allow for Restricted Business Activities. #38 was built in 1955 and # 40 in 1910. Great Back Yard with No Rear Neighbors. Monthly Rents $2,900. Really Nice Tenants - Currently Professionally Managed. #38 has Two Units at 2/1; #40 has Two Units at 3/1. At approx. $34,000/Year in Rents, This Unique Property Pays for Itself in 5 Years! Listed Assessment and Taxes are for Both Buildings Combined. What a Great Opportunity!


38-40 Newell Avenue 4
Lancaster, NY 14086
  • Multi-Family Home
  • Price: $159,900
  • Status: Contingent
  • Square Feet: 4,284
  • Taxes: $7,262
  • # Stories: 2
  • Year Built: 1955
  • Garage Size: 1
  • MLS Number: B1064380


Features

  • Elementary school: Hillview Elementary
  • Middle school: Lancaster Middle
  • High school: Lancaster High
  • School district: Lancaster
  • Ceiling fan(s)
  • Electric heat
  • Baseboard heat
  • Natural gas heat
  • Garage spaces: 1.0000
  • Brick exterior
  • Lot acreage is: 0.2200
  • Lot size: 74x130
  • Carpet
  • Wall to wall carpeting
  • Laminate flooring
  • Full basement
  • Slab basement
  • Public water
  • Total square feet: 4284

Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker's MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2017 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.

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Listed By:

Lisa Marie Allen

Lisa Marie Allen

Licensed Real Estate Salesperson

Office: Hamburg Office


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