1697 Electric Avenue, Lackawanna, NY 14218

$299,900
: 8
BD
: 4
BA
: 3,994
SqFt

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List Price: $299,900
Status: ACTIVE
Days on Market: 46
MLS#: B1706648
Subtype: Residential
Style: Duplex, Triplex
Architectural Style: Duplex, Triplex
Year Built: 1900
Bedrooms: 8
Bathrooms: 4
Full Baths: 4
Living Area: 3,994
Lot Size: 8,600
Acres: 0.20
Subdivision: Buffalo Crk Reservation
Neighborhood: Buffalo Crk Reservation
MLS Area Major: Lackawanna

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Property Description

Welcome to 1697 Electric Ave 5-unit multi-family property in Lackawanna offering an outstanding investment opportunity. This unique property features two buildings on one parcel—the front building with three apartments and the rear building with two additional units 5 full Bathrooms —all currently occupied for immediate rental income $4620 per month in rent. Perfect for investors or owner-occupants, the property includes some vinyl siding, solid mechanical systems, a sump pump, and a large driveway providing ample off-street parking for tenants. Conveniently located near shopping, dining, public transportation, and major highways, this versatile multi-unit property delivers strong rental income potential and long-term value.

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Additional Information

Interior Features: Other, See Remarks
Taxes: $7,201
Property Description: Duplex, Triplex
Flooring: Other, See Remarks, Varies, Vinyl
Appliances: Gas Water Heater
Heating: Gas, Forced Air, Hot Water
Roof: Asphalt
Foundation: Other, See Remarks
Parking Features: Two or More Spaces
School District: Lackawanna