18-22 128 Maple Grv & Colton Ave Ave Lackawanna, NY 14218

This is a rare opportunity for investors to acquire a fully rented, low-maintenance, cash-flowing 14-unit property located in Lackawanna, NY. The property generates a gross annual income of $159,180, with potential for increased rents. Each unit features a similar layout, including 2 large bedrooms, 1 full bath with ceramic tiles, a kitchenette, a large living space, and hardwood floors throughout. Tenants are responsible for their individual electric bills, while gas and water are included in the rent. The building has a solid poured foundation with a full basement and a large parking lot in the rear for tenant convenience. The mechanical systems are in good working order, with 2 boilers installed in 2021, and circuit breakers are separately metered. A coin laundry is located in the basement, and each tenant has their own storage unit. The current property manager is open to remaining with the property under new ownership. A tenant waiting list helps maintain low vacancy rates. The property consists of combined units.