Two-Building 5-Unit
1697 Electric Ave Lackawanna, NY 14218
1697 Electric Ave, Lackawanna, NY, 14218
$369,900
For Sale
$369,900
Five occupied units across two buildings offer an off-street parking setup for tenants.
Days on Market32
Property Features for 1697 Electric Ave
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agency
WNY Metro Roberts Realty
(716) 430-2091
Listed by
Emmanuel Williams · License #10301217766
(716) 430-2091
Source
Elliman
Added: Jun 21 Updated: Jul 10 at 2:03PM Checked: Jul 21 at 8:08AM
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Investment Insights
Based on property information with market context.
This 5-unit multifamily property at 1697 Electric Ave consists of two buildings on one parcel. The front building includes three apartments, and the rear building includes two additional units. The property is described as having some vinyl siding, solid mechanical systems, and a sump pump. A large driveway provides off-street parking for tenants.
The asset is located in Lackawanna, with access described as being convenient to shopping, dining, public transportation, and major highways. Walkability is noted as somewhat walkable, and transit access is noted as somewhat limited.
With all units described as currently occupied, the property may appeal to investors seeking a ready-to-rent multifamily setup or to an owner-occupant looking to live in one unit while maintaining rental income from the other apartments. The two-building layout on a single parcel and the available parking are practical considerations for day-to-day tenant use.
The asset is located in Lackawanna, with access described as being convenient to shopping, dining, public transportation, and major highways. Walkability is noted as somewhat walkable, and transit access is noted as somewhat limited.
With all units described as currently occupied, the property may appeal to investors seeking a ready-to-rent multifamily setup or to an owner-occupant looking to live in one unit while maintaining rental income from the other apartments. The two-building layout on a single parcel and the available parking are practical considerations for day-to-day tenant use.
Key Highlights
- 5‑unit multi‑family across two buildings on one parcel: 3 units in the front building and 2 units in the rear building
- All 5 units are currently occupied with $4,620 per month in rent
- Includes 5 full bathrooms total (as described)
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Apartment building - Five occupied units across two buildings offer an off-street parking setup for tenants.
Where is this apartment building located?
The property is located at 1697 Electric Ave Lackawanna, NY.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: 5‑unit multi‑family across two buildings on one parcel: 3 units in the front building and 2 units in the rear building; All 5 units are currently occupied with $4,620 per month in rent; Includes 5 full bathrooms total (as described)
