1488 Electric Avenue
Lackawanna, NY, 14218
$215,000
5 Beds
2 Baths
1,985 SqFt
0.13 Acres
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MLS #B1684892 image #0
Excellent opportunity to own a well-maintained 2-unit property at 1488 Electric Ave in the City of Lackawanna! This income-producing property features a spacious 3-bedroom, 1-bath lower unit and a 2-bedroom, 1-bath upper unit, both occupied by great tenants paying standard market rents. Tenants pay their own utilities, helping keep owner expenses low, while the owner covers the water bill. Major updates include a newer roof and hot water tank, both almost 3 years old. Additional features include a partially fenced yard, long driveway, detached garage, and a dry shared basement with separate laundry hookups for each tenant. Conveniently located near shopping, restaurants, parks, and thruway access, this is a fantastic opportunity for both seasoned investors and owner-occupants looking to offset their mortgage with rental income!

Property Details

Price:
$215,000
MLS #:
B1684892
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Buffalo Crk Reservation
Neighborhood:
lackawannacity140900
Listed Date:
May 27, 2026
Finished Sq Ft:
1,985
Total Sq Ft:
1,985
Lot Size:
5,600 sqft / 0.13 acres (approx)
Year Built:
1960
Units:
2
DuplexLackawanna-city-140900Lackawannacity140900Buffalo Crk ReservationLackawannaProbate

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Schools

School District:
Lackawanna

Interior

Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Carpet, Hardwood, Tile, Varies
Heating
Gas, Baseboard, Forced Air

Exterior

Architectural Style
Duplex
Construction Materials
Brick
Exterior Features
Fence
Fencing
Partial
Garage Spaces
2
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Concrete, Garage, Two Or More Spaces
Patio And Porch Features
Open, Porch

Financial

Taxes
$5,347

Map

Community

Market Summary

Current real estate data for Multi Family in Lackawanna as of Jun 07, 2026
17
Multi Family Listed
110
Avg DOM
94
Avg $ / SqFt
$269,288
Avg List Price

Property Summary

    Located in the Buffalo Crk Reservation subdivision, 1488 Electric Avenue Lackawanna NY is a Multi Family for sale in Lackawanna, NY, 14218. It is listed for $215,000 To schedule a showing of MLS#b1684892 at 1488 Electric Avenue in Lackawanna, NY, contact your Concrete Jungle Realty agent at 3472420937.

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1488 Electric Avenue
Lackawanna, NY