Updated Three-Family
For Sale
$224,900
16 Victory Ave, Lackawanna, NY 14218
Three residential units offer a flexible configuration for owner occupancy or rental use.
Property Size2,683 SF
Days on Market59
Property Features for 16 Victory Ave
General Information
Standard status
Active
Size
2,683 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,503
Building Details
Building Size
2,683 SF
Year Built
1907
Buildings
1
Units
3
Listing Agency:
Howard Hanna WNY Inc.
(716) 263-2655
Listed By:
AKM Husen
(716) 263-2655
Source:
Elliman
Added: Jul 4
Changed: Aug 30
Last Checked: Aug 30 at 11:45PM
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 Howard Hanna WNY Inc.
Investment Insights
Based on property information with market context.
This three-family residence at 16 Victory Ave includes updates to major building systems and interior finishes. Improvements include a newer roof, updated electrical and plumbing, replacement of most windows, and refreshed kitchens and bathrooms in the two lower units. The basement has been repainted, while new carpeting, a rear-entry staircase, kitchen fixtures, and interior paint further improve the property’s condition. Built in 1907, the home provides a three-unit residential configuration suited to the owner-occupancy and rental uses identified for the property.
The residence is across from OLV School and offers access to public transportation. Downtown amenities, including city hall, the police station, the post office, and a gas station, are within walking distance. Erie County Botanical Garden is also described as a five-minute walk away. WalkScore is 65, BikeScore is 56, and TransitScore is 31.
The residence is across from OLV School and offers access to public transportation. Downtown amenities, including city hall, the police station, the post office, and a gas station, are within walking distance. Erie County Botanical Garden is also described as a five-minute walk away. WalkScore is 65, BikeScore is 56, and TransitScore is 31.
Key Highlights
- Three‑family residential property at 16 Victory Ave
- Built in 1907 with updates to the roof, electrical, plumbing, and most windows
- Lower two units have updated kitchens and bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
403
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer a flexible configuration for owner occupancy or rental use.
Where is this triplex located?
The property is located at 16 Victory Ave Lackawanna, NY.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Three‑family residential property at 16 Victory Ave; Built in 1907 with updates to the roof, electrical, plumbing, and most windows; Lower two units have updated kitchens and bathrooms
