This is a four-unit rental property that's already up and running. Three units are rented out, with one vacancy for a possible owner occupant or rent it out for even more income. Each unit has 2 bedrooms and 1 bathroom, with its own entrance, its own basement, and its own driveway. Two of the four units were renovated between 2024 and 2026. It also has a large side yard that adds to the property's potential. The numbers: it brings in about $32,400 a year in rent, costs about $16,300 a year to run, leaving roughly $16,600 a year in profit. The tenants are all on month-to-month leases, so you have flexibility to adjust rents or make changes as units turn over. This solid, steady earning property, in a very convenient location, is great for income now and the potential for even more growth over time.
Listing By
Agency Name: Howard Hanna WNY Inc
Agency Contact: 716-472-3533
Shown By
Agent Name: Haza Taha
Agent Phone: Cell: (716) 777-6766
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 1,456.18 per month $712.18 Principal & Interest $650.67 Property Tax $93.33 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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361 - 367 Lincroft Road | MLS# B1726634
This multi-family property located at 361 - 367 Lincroft Road, Lackawanna, NY 14218 is currently listed for sale with an asking price of $320,000. - 367 Lincroft Road is located within the Lackawanna school district. Search Lackawanna real estate on htaha.mjpeterson.com today.