5 Beds
3 Baths
2,039 SqFt
5 Beds
3 Baths
2,039 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,039 sqft
Price per Sqft $159
MLS Listing ID B1690656
Style Triplex
Bedrooms 5
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1931
Annual Tax Amount $3,931
Lot Size 8,123 Sqft
Acres 0.1865
Lot Dimensions 65X125
Property Sub-Type Multi Family
Property Description
Welcome to 51 Laverack Ave, a well-maintained 3-unit investment property located just minutes from all the restaurants, shops, and conveniences of the Village of Lancaster. This is a rare opportunity that works for both seasoned investors and first-time house hackers.
Here is what makes it special: one tenant is moving out, opening up a unit for an owner occupant. Live in one unit, let the other two help cover your mortgage, and step into homeownership the smart way. The remaining units are filled with great paying, reliable tenants already in place, so your income starts on day one.
The upside does not stop there. A renovated basement offers the potential for a 4th-unit conversion, creating real room to grow your future revenue. Outside, a 4-car garage adds even more flexibility, whether you use it for tenant parking or turn it into an additional income stream.
Strong rental demand, a prime location, and a built-in path to live for less or scale up. Whether you are looking to house hack your way into your first property or add a solid performer to your portfolio, 51 Laverack checks the boxes!
Location
State NY
County Erie
Area Depew Village-Lancaster-145201
Direction Use GPS
Rooms
Basement Full
Interior
Heating Gas, Baseboard
Flooring Carpet, Laminate, Luxury Vinyl, Tile, Varies
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Garage Spaces 4.0
Utilities Available Sewer Connected, Water Connected
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Structure Type Brick,Composite Siding
Construction Status Existing
Schools
School District Depew
Others
Senior Community No
Tax ID 145201-104-560-0004-008-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
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