850-852 Madison Avenue, Lewiston, NY 14092

$415,000
5
BD
4
BA
2,240
SqFt

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List Price
$415,000
Status
PENDING
MLS#
B1715899
Year Built
1995
Stories
2
Bedrooms
5
Bathrooms
4
Baths Half
2
Acres
0.26
Living Area
2,240
Subdivision
Presidents Park Estates
Region
Lewiston
Neighborhood
Presidents Park Estates

Property Description

Rare opportunity to own a side-by-side duplex in Lewiston with the flexibility to owner-occupy one unit while renting the other or rent both for an excellent investment opportunity! This incredible duplex offers a total of 2,240 square feet with two spacious, well-maintained units. Unit 1 features 3 bedrooms and 1.5 baths, while Unit 2 offers 2 bedrooms and 1.5 baths. Both units feature beautiful bamboo flooring throughout, open living and dining areas, updated kitchens and baths, and abundant closet space. Each unit has its own separate basement with laundry, and one basement includes partially finished space for added flexibility. Separate utilities—including separate water meters—make ownership and management especially convenient. Both units include a washer and dryer, as well as all kitchen appliances. Outside, enjoy a large yard, shed, and new concrete patio with pergola, creating a great space for relaxing or entertaining. Drainage improvements and regrading have been completed throughout the yard to promote proper water drainage and help maintain a dry yard and basement. Numerous major updates provide peace of mind, including a new roof in 2023, new sump pump with water backup in 2023, new hot water tank for one of the units in 2023, while the second unit features a tankless hot water system. New A/C for one of the units in 2024, although both sides enjoy the comfort of central air. A rare combination of location, flexibility, updates, and investment potential in the desirable Lewiston community. Whether you're looking to live in one unit and offset your expenses with rental income or add a turnkey duplex to your investment portfolio, this property offers an exceptional opportunity.

Additional Information

Taxes
$5,617
Interior Features
Sliding Glass Door(s)
Exterior Features
Patio
Style
Duplex
School District
Lewiston-Porter
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty WNY. Contact: 716-628-5545