Seven-Unit Apartment
For Sale
$450,000
Pending
26 Milnor Ave, Lackawanna, NY 14218
Well-maintained 7-unit apartment property with a documented rental range of $700 to $1,050 per month.
Days on Market97
Property Features for 26 Milnor Ave
General Information
Standard status
Pending
Property subtype
Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
7
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
WNY METRO ROBERTS REALTY
(716) 444-7631
Listed By:
Erin Freed · License #10401346124
(716) 444-7631
Source:
Elliman
Added: Apr 28
Changed: Jul 20
Last Checked: Jul 21 at 9:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WNY METRO ROBERTS REALTY
Investment Insights
Based on property information with market context.
This well-maintained seven-unit apartment building offers a consistent rental history, with reported rents ranging from $700 to $1,050 per month. The property includes both interior and exterior improvements and maintains a documented maintenance record, supporting an operationally established multifamily asset.
The building is conveniently located near shopping and highways, with downtown described as minutes away. WalkScore is 67 (somewhat walkable), BikeScore is 59 (bikeable), and transitScore is 36 (some transit), providing additional context for day-to-day accessibility.
With seven units in place and recent improvements completed across the property, this asset is positioned for buyers seeking a turnkey residential income building.
The building is conveniently located near shopping and highways, with downtown described as minutes away. WalkScore is 67 (somewhat walkable), BikeScore is 59 (bikeable), and transitScore is 36 (some transit), providing additional context for day-to-day accessibility.
With seven units in place and recent improvements completed across the property, this asset is positioned for buyers seeking a turnkey residential income building.
Key Highlights
- 7‑unit apartment building built in 1900
- Rents range from $700 to $1,050 per month with consistent rental history
- Owner reports strong cash flow and a strong maintenance record with interior and exterior improvements
Property Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 14218, NY
20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 7-unit apartment property with a documented rental range of $700 to $1,050 per month.
Where is this apartment building located?
The property is located at 26 Milnor Ave Lackawanna, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7‑unit apartment building built in 1900; Rents range from $700 to $1,050 per month with consistent rental history; Owner reports strong cash flow and a strong maintenance record with interior and exterior improvements
