Last Sold Price
3 beds2 baths1,657 sqft$84/sqft
511 Martin Rd, Lackawanna, NY 14218

Description

Beautiful and well kept 2 unit home here on a nice neighborhood street. Both units are presently rented to happy tenants who would like to stay in place, but are on month to month leases. Huge yard, nice location with easy access to thruways, shopping, etc. As of 7/26, brand new tear off roof being installed with a warranty that would be transferable to new owner. New hot water tank 2019, vinyl windows throughout, newer forced air furnace in attic for upper unit, boiler/radiant heat for the lower...Beautiful and well kept 2 unit home here on a nice neighborhood street. Both units are presently rented to happy tenants who would like to stay in place, but are on month to month leases. Huge yard, nice location with easy access to thruways, shopping, etc. As of 7/26, brand new tear off roof being installed with a warranty that would be transferable to new owner. New hot water tank 2019, vinyl windows throughout, newer forced air furnace in attic for upper unit, boiler/radiant heat for the lower unit. Nice option to live in one unit and let the rent pay your mortgage or add to your portfolio and start collecting $1500/month in rent or possibly more. Showing appts for lower unit are Tuesday, Thursday and Saturday from 12-4 with 24 hour notice needed for tenants. Open house Saturday 9/4, 11am - 1pm
LISTING CLOSED: 11/08/2021 12:00 AM

  1. Listed by Bryan Day • Keller Williams Realty Buffalo
    P: (716)-832-3300 C: (716)-310-8205 bryanday@kw.com

Property Details for 511 Martin Road

Status
MLS #
B1354845
Days on Market
34
Taxes
$6,429 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Residential
Year Built
1935
Lot Size
0.23 AC / 9,900 SF
Subdivision Comm Complex
Buffalo Crk Reservation
On Waterfront
No
Parking Description
Garage, Two Or More Spaces
Nearest Cross Street
Josie St

Location

Listing Courtesy of Keller Williams Realty Buffalo

Sold By WNY Metro Roberts Realty

Add your commute

Building Information for 511 Martin Road

Stories2Residences2Year Built1935Building Size-Lot Size0.23 AC / 9,900 SF

Payment Calculator

$1,247 per month

30 year fixed, 6.55% Interest

Principal and Interest

$712

Property Taxes

$536

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 511 Martin Road

Summary
Location and General Information
  • Elementary School District: Lackawanna
  • High School District: Lackawanna
  • Middle Or Junior School District: Lackawanna
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Lackawanna-City-140900
  • Tax Annual Amount: $6,429.00
Property
Lot Information
  • Building Area Total: 1657.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.2273
  • Lot Size Area: 0.2273
  • Lot Size Square Feet: 9900.0
  • Lot Size Units: Acres
  • Parcel Number: 140900-142-150-0005-020-000
  • Road Frontage: City Street
  • Lot Number: 20
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $152,000
  • Year Built: 1935
  • Year Built Description: Existing
Utilities
  • ENERGYSTAR: Hvac
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Description: Poured
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air, Radiant
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 1657.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$6,429.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Professional Management, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Den/Family Room,Eat-In Kitchen
  • Unit Type Total Rent: $800.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 800
Unit 2
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Den/Family Room,Eat-In Kitchen
  • Unit Type Total Rent: $700.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Gardener, Trash Collection, Water

Property History for 511 Martin Road

DateEvent & SourcePriceAppreciation
Nov 8, 2021

Sold

New York State Alliance of MLSs (Buffalo) #B1354845

$140,000
Nov 8, 2021

Sold

WNYREIS #B1354845

$140,000
Oct 14, 2021

Sold (Public Record)

Public Record #1479462943

$140,000

-3.4% / yr

DateEvent & SourcePrice
11/08/2021

Sold

New York State Alliance of MLSs (Buffalo) #B1354845

$140,000
11/08/2021

Sold

WNYREIS #B1354845

$140,000
10/14/2021

Sold (Public Record)

Public Record #1479462943

$140,000

-3.4% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 511 Martin Road

Taxable ValueLand$14,400Additions$137,600Total$152,000
Home Facts
Baths2Total Finished SqFt1,657 SqFtAbove Grade Finished SqFt1,657 SqFtStories2Lot Size9,900 SqFtStyleDuplexYear Built1935CountyERIEAPN140900 142.15-5-20

Schools near 511 Martin Road

This home is within Lackawanna City School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Truman Elementary School
PublicPK to 2

Martin Road Elementary School
Public2 to 5

Lackawanna Middle School
Public6 to 8

Lackawanna High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 511 Martin Road, Lackawanna, NY 14218
$140,000
3
2
1,657
9,900
3
2
1,492
8,250
$110,000
5
2,381
7,800
3
1,572
7,800
$116,600
3
1,404
7,800
$164,000
3
960
13,068

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Buffalo

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.