Last Sold Price
6 beds7,540 sqft$38/sqft
671 Ridge Rd, Lackawanna, NY 14218

Description

Investors paradise! This all brick mixed building offers many updates, including 2 year old metal roof. Below you have a Beautiful commercial front which is on a busy street. Behind the cafe you have a very spacious storage full of potential. Above you have a beautiful spacious 3 bedroom 1 bathroom. Aside to it you have 2 wonderful studios and building fully leased.... Gross is $39,600 a year ! Don't miss out on this cash cow!Investors paradise! This all brick mixed building offers many updates, including 2 year old metal roof. Below you have a Beautiful commercial front which is on a busy street. Behind the cafe you have a very spacious storage full of potential. Above you have a beautiful spacious 3 bedroom 1 bathroom. Aside to it you have 2 wonderful studios and building fully leased.... Gross is $39,600 a year ! Don't miss out on this cash cow!
LISTING CLOSED: 09/09/2024 12:00 AM

  1. Listed by Alshathley Shaibi • eXp Realty
    P: (888) 276-0630 C: (716) 228-6868 alshathleys@gmail.com

Property Details for 671 Ridge Road

Status
MLS #
B1501892
Days on Market
75
Taxes
$4,546 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Residential
Year Built
1938
Lot Size
0.07 AC / 3,000 SF
Subdivision Comm Complex
Buffalo Crk Indian Reserv
On Waterfront
No
Parking Description
Garage, One Space, On Street
Nearest Cross Street
south park

Location

Listing Courtesy of eXp Realty

Sold By eXp Realty

Add your commute

Building Information for 671 Ridge Road

Stories2Residences4Year Built1938Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$1,827 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,449

Property Taxes

$379

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 671 Ridge 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: 1.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Lackawanna-City-140900
  • Tax Annual Amount: $4,546.00
Property
Lot Information
  • Building Area Source: Other
  • Building Area Total: 7540.0
  • Land Features: Corner Lot
  • Num Of Acres: 0.0689
  • Lot Size Area: 0.0689
  • Lot Size Square Feet: 3000.0
  • Lot Size Units: Acres
  • Parcel Number: 140900-142-380-0005-006-000
  • Lot Number: 6
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $109,000
  • Year Built: 1938
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
Utilities
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Roof Description: Metal
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • HVAC Type: Other, See Remarks
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Varies
  • Heating: Gas, Other, See Remarks, Baseboard
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 7540.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $39,600.00
  • Net Operating Income: $35,054.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expense Includes: Fuel, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Dining Area With Kitchen
  • Unit Type Total Rent: $650.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 650
Unit 2
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $1,100.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1100
Unit 3
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Dining Area With Kitchen,Dining Area With Living Room
  • Unit Type Total Rent: $900.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 900
Unit 4
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Dining Area With Kitchen,Dining Area With Living Room
  • Unit Type Total Rent: $650.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 650
Rental
Rental Information
  • Rent Includes: Other, See Remarks, Water

Property History for 671 Ridge Road

DateEvent & SourcePriceAppreciation
Sep 9, 2024

Sold

New York State Alliance of MLSs (Buffalo) #B1501892

$285,000
Sep 9, 2024

Sold

WNYREIS #B1501892

$285,000
Aug 8, 2024

Sold (Public Record)

Public Record #1540769844

$285,000

+14.4% / yr

DateEvent & SourcePrice
09/09/2024

Sold

New York State Alliance of MLSs (Buffalo) #B1501892

$285,000
09/09/2024

Sold

WNYREIS #B1501892

$285,000
08/08/2024

Sold (Public Record)

Public Record #1540769844

$285,000

+14.4% / yr

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

Public Records for 671 Ridge Road

Taxable ValueLand$9,800Additions$290,200Total$300,000
Home Facts
Baths3Total Finished SqFt5,200 SqFtAbove Grade Finished SqFt5,200 SqFtUnfinished Basement SqFt2,340 SqFtStories2Lot Size3,000 SqFtStyleStoresYear Built1915Year Renovated1980ZoningCBDCountyERIEAPN140900 142.38-5-6

Schools near 671 Ridge 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: 671 Ridge Road, Lackawanna, NY 14218
$285,000
6
7,540
3,000
7,900
3,432
3,264
2
2,280
3,712
$1,000
2,220
3,535
$200,000
4,450
8,140

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 eXp Realty

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.