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Seven-Unit Income Property Investment

30 Kane St, Lackawanna, NY 14218

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For Sale

$475,000

Fully tenanted, two-building property near waterfront and amenities.

Type:Investment

Lot size:

0.19 Acres

HighLights

Turnkey 7‑unit income property, ready for immediate returns.
Fully tenanted, providing consistent cash flow.
Two buildings: front building with updated units and a 5‑year‑old roof; rear building is solid brick with a 3‑year‑old metal roof (including garages).
Located in a rapidly growing area, just 2 minutes from the waterfront.
Off‑street parking available.
Close to amenities: shopping, public transportation, and restaurants.

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Rabia Ellahi

For Sale

$475,000

Fully tenanted, two-building property near waterfront and amenities.

Type:Investment

Lot size:

0.19 Acres

Added:: Mar 10, 2026
Days on Market:: 119
Last Refresh:: Jul 2 at 10:25 am

Property Features for 30 Kane St

General Information

Standard status: Active
Lot size: 0.19 Acres
Property subtype: Investment

Building Details

Year Built: 1926

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Contact an agent

Rabia Ellahi

Listing office

Listing date Mar 10, 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 Rabia Ellahi

HighLights

Turnkey 7‑unit income property, ready for immediate returns.
Fully tenanted, providing consistent cash flow.
Two buildings: front building with updated units and a 5‑year‑old roof; rear building is solid brick with a 3‑year‑old metal roof (including garages).
Located in a rapidly growing area, just 2 minutes from the waterfront.
Off‑street parking available.
Close to amenities: shopping, public transportation, and restaurants.

Overview

This seven-unit income property features two well-maintained buildings. The front building contains five units and has a roof that is five years old, along with numerous updates throughout. The rear building is a solid, full-brick structure with a three-year-old metal roof, which also covers both garages. The property is fully tenanted and includes plenty of storage space and off-street parking. It is conveniently located just two minutes from the waterfront and close to amenities such as shopping, public transportation, and restaurants. This property is located in a rapidly growing area.

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Local Demand

City: Lackawanna
County: Erie
State: New York
Longitude: -78.8565
Latitude: 42.8932

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What type of property is this?

Apartment building - Fully tenanted, two-building property near waterfront and amenities.

Where is this apartment building located?

The property is located at 30 Kane St Lackawanna, NY.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Turnkey 7‑unit income property, ready for immediate returns.; Fully tenanted, providing consistent cash flow.; Two buildings: front building with updated units and a 5‑year‑old roof; rear building is solid brick with a 3‑year‑old metal roof (including garages).