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    Two-Building 5-Unit Multifamily Title is generated by Realmo AI

    1697 Electric Ave, Lackawanna, NY 14218

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    For Sale
    $369,900

    Five occupied units across two buildings offer an off-street parking setup for tenants.

    Type:Investment
    Added:
    Jun 21, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 22 at 2:06 am

    Property Features for 1697 Electric Ave

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1900

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    Emmanuel Williams
    Emmanuel Williams

    Listing office WNY METRO ROBERTS REALTY

    Listing date Jun 21, 2026

    Source Elliman

    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

    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)
    • Some vinyl siding, solid mechanical systems, and a sump pump
    • Large driveway provides off‑street parking for tenants
    • BikeScore 56, WalkScore 65, and TransitScore 31

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lackawanna
    County
    Erie
    State
    New York
    Longitude
    -78.8287156
    Latitude
    42.8128021

    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)
    More about this property
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