William Billy Krawiecki

156 Lake Shore Drive W, Dunkirk, NY 14048

New - 20 Hours Ago
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Property Description

Welcome to 156 Lake Shore Drive W An Exceptional investment opportunity with lake views, RARE dual residential and commercial zoning, and significant income-producing potential. Located Just steps away from Lake Erie, this unique property consists of three separate 2-bedroom, 1-bath units, offering an attractive combination of immediate rental income and future upside! The Front building features an upper/lower duplex, with both units currently vacant and ready to lease or move right in for Owner occupancy. The upper unit has been freshly painted and updated with a combination of stunning new vinyl and carpet flooring, while the lower unit is also rent ready and offers additional opportunity for a new owner to maximize rental income. A separate rear 2-bedroom, 1-bath residence provides additional income and is currently rented for $650 per month. The rear unit also has an attached garage for extra storage, while the lower unit has main stair access to the Basement and the upper unit has pulldown stairs to a full sized attic. With all three units easily capable of generating rental income, the property offers substantial potential for increased gross annual revenue as the vacant units are leased and rents are brought closer to current market levels. The property's dual residential and commercial zoning provides additional flexibility and value for investors, owner residents, or future redevelopment opportunities. With continued development in the surrounding area, including the planned new hospital and other large future projects, this location benefits from increased demand, additional employment, Medical housing and even more further growth in the years ahead. Don't miss this rare opportunity to acquire a versatile multi-unit property with lake views, multiple income streams, flexible zoning, and meaningful long-term investment potential. Showings are easy for the duplex but please allow 24 hour notice for the tenants in rear unit.

156 Lake Shore Drive W | MLS# B1698737

This multi-family property located at 156 Lake Shore Drive W, Dunkirk, NY 14048 is currently listed for sale with an asking price of $177,500. Lake Shore Drive W is located within the Dunkirk school district. Search Dunkirk real estate on billy-krawiecki.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Full, Walk-Up Access, Sump Pump
Cooling: Wall Unit(s)
Garage: 1
Heating: Gas, Forced Air, Multiple Heating Units, Space Heater
Home Style: Triplex
Lot Size: 0.25 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,874
Year Built: 1890

Amenities

Pull Down Attic Stairs
Deck

Feature Descriptions

Appliances: Gas Water Heater
Body of Water: Lake Erie
Exterior: Composite Siding, Vinyl Siding
Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
Lot: Corner Lot, Other, Rectangular, Rectangular Lot, Residential Lot, See Remarks
Lot Dimensions: 60X180
Parcel#: 060300-079-013-0002-005-000
Parking: Common, Garage, Paved, Parking Available, Two or More Spaces
Parking Notes: Common, Garage, Paved, Parking Available, Two or More
Patio/Porch: Deck, Open, Porch
Sewer: Connected
Special View Info: Water
Units: 3
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Water Features: Lake

Local Schools

School District: Dunkirk

Estimate Your Payment

Estimated Payment

$ 769.64 per month $395.04 Principal & Interest $322.83 Property Tax $51.77 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: WNY Metro Roberts Realty
Agency Contact: 716-646-6400

Shown By

Agent Name: William Billy Krawiecki
Agent Phone: (518) 338-9668
Agency Title: Coldwell Banker Prime Properties

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