Well-Maintained Income-Producing
1488 Electric Avenue, Buffalo, NY 14218
New
MULTI_FAMILY - Other - Buffalo, NY
Property size:
1,985 SFLot size:
0.13 AcresPrice / SF:
$108/SF- Added:
- May 27, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 2 at 7:06 pm
Property Features for 1488 Electric Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Basement, Bedroom 3, Bedroom 4
- Parking features
- Garage
- Patio and Porch features
- Porch
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 140900-142-540-0004-022-000
- Size
- 1,985 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5347
Utilities
- Heating system
- Natural Gas, Baseboard, Forced Air
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Hardwood, Varies, Tile
- Building materials
- Brick
- Architectural style
- Other
Listing agent Brandy Hardy License #10401333307 (716) 574-8998
Listing office WNY Metro Roberts Realty 4124 N Buffalo St, cheektowaga, NY (716) 662-0449
Listing date May 27, 2026
MLS# B1684892
Listing URL
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Income‑producing 2‑unit property with tenants paying market rents
- Tenants pay their own utilities (except water), reducing owner expenses
- Newer roof and hot water tank (approximately 3 years old)
- Spacious units: 3‑bedroom, 1‑bath lower unit and 2‑bedroom, 1‑bath upper unit
- Desirable features: Partially fenced yard, long driveway, and detached garage
- Convenient location near shopping, restaurants, parks, and thruway access
Overview
Located in the City of Lackawanna, this well-maintained 2-unit property at 1488 Electric Ave offers an excellent investment opportunity. The property features a spacious 3-bedroom, 1-bath lower unit and a 2-bedroom, 1-bath upper unit. Both units are occupied by tenants paying standard market rents. The tenants are responsible for their own utilities, while the owner covers the water bill. Major updates include a newer roof and hot water tank, both approximately 3 years old. Additional features include a partially fenced yard, a long driveway, a detached garage, and a dry shared basement with separate laundry hookups for each tenant. The property is conveniently located near shopping, restaurants, parks, and thruway access. This income-producing property is suitable for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. The lot size is 0.1286 acres, and the property size is 1985 square feet.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.827549
- Latitude
- 42.818623
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property with newer roof and hot water tank.
Where is this duplex located?
The property is located at 1488 Electric Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Income‑producing 2‑unit property with tenants paying market rents; Tenants pay their own utilities (except water), reducing owner expenses; Newer roof and hot water tank (approximately 3 years old)
