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Three-Family Income Property

1574 Electric Ave Lackawanna, NY 14218

1574 Electric Ave, Lackawanna, NY, 14218
$219,900
Pending
For Sale
$219,900
Pending

Well-maintained three-unit property features off-street parking for two vehicles and 5 bedrooms plus 3 full baths.

Days on Market88

Property Features for 1574 Electric Ave

General Information

Standard status
Pending
Property subtype
Multi Family

Building Details

Year Built
1923
Listing agency
Listed by Muhammad Ahsan
Source Elliman
Added: Apr 27 Updated: Jul 21 at 4:43AM Checked: Jul 22 at 12:02PM

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 Muhammad Ahsan


Investment Insights

Based on property information with market context.

Well-maintained three-family property offers multiple living spaces configured for rental income, with a total of 5 bedrooms and 3 full bathrooms across the units. The building provides approximately 2,370 square feet of living area and sits on a 4,539 square foot lot. Off-street parking is available with space for two vehicles.

The property is located in Lackawanna and positioned in a convenient neighborhood close to schools, parks, shopping, restaurants, and public transportation. Downtown Buffalo and the waterfront are described as minutes away, and access to major highways supports commuting.

This setup can suit an owner-occupant who wants to live in one unit while renting the other two, or a buyer seeking an income-producing addition to an investment portfolio.

Key Highlights

  • Well‑maintained 3‑family property built in 1923 at 1574 Electric Ave in the City of Lackawanna
  • Approximately 2,370 sq ft of living space on a 4,539 sq ft lot
  • Total unit mix includes 5 bedrooms and 3 full bathrooms across the three units

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Spa & Massage Center Parking Lot & Garage Nail Salon Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained three-unit property features off-street parking for two vehicles and 5 bedrooms plus 3 full baths.
Where is this triplex located?
The property is located at 1574 Electric Ave Lackawanna, NY.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Well‑maintained 3‑family property built in 1923 at 1574 Electric Ave in the City of Lackawanna; Approximately 2,370 sq ft of living space on a 4,539 sq ft lot; Total unit mix includes 5 bedrooms and 3 full bathrooms across the three units
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