1403 Electric Avenue Lackawanna, NY ^$ 230,000

1403 Electric Avenue

^$ 230,000

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1403 Electric Avenue

Lackawanna, NY, 14218

^$ 230,000

Bedrooms6 Baths3.0 Sq 2,600

Monthly Estimate*

^$ 1,435

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Multi-Family Home for sale in Lackawanna, NY

for $230,000 with 6 bedrooms and 3 full baths. This 2,600 square foot home was built in 1918 on a lot size of 0.0689.

CASH FLOW!!!!! CASH FLOW!!!!! CASH FLOW!!!! Welcome investors to this 3 unit property with a double garage in the heart of Lackawanna. Beautifully updated bathrooms as well as a full roof replacement this year. Not to mention new paint in all three units. Hardwood floors have also been refinished. Mechanical components are in good shape. Do not miss this opportunity to generate passive income while also enjoying the opportunity to live in this pleasant abode.

Multi-Family Active

Price

^$ 230,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,013

Style

MultiFamily

Lot Size

0.0689

Year Built

1918

Town/City

Lackawanna

County/Region

Erie

MLS | Web ID

B1652076

Features

General

Sewer Connected

Heating Gas ForcedAir

Cooling CentralAir

Utilities SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Asphalt

Appliances GasWaterHeater

Garage Spaces 2.0

Construction Materials VinylSiding

School District Lackawanna

Year Built 1918

Tenant Pays AllUtilities

Stories Count 2

Township Not Applicable

Levels Two

Property Subtype MultiFamily

County Erie

Property Type Residential

Subdivision Name Buffalo Crk Reservation

Garage Y/N Yes

Rent Includes Water

Full Baths 3

Status Active

Directions Ridge Rd to Electric.

City Lackawanna

Senior Community Y/N No

High School District Lackawanna

Number Of Units Total 3

MLS Area Lackawanna-City-140900

Lot Size Units Acres

Lot Size Square Feet 3000.0

Year Built Details Existing

Tax Annual Amount 6013.0

Property Condition Resale

Standard Status Active

Middle/Junior School District Lackawanna

Elementary School District Lackawanna

Tax Assessed Value 146000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 8

Interior

Basement Full

Flooring Hardwood Varies

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Half Baths 0

Total Bedrooms 6

Main Level Bathrooms 0

Total Baths 3

Exterior

Parking Features Concrete

Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot

Water Source Connected Public

Lot Size Area 0.0689

Foundation Details Stone

Building Area Total 2600.0

Lot Dimensions 30X100

Lot Size Acres 0.0689

Waterfront Y/N No

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Road Frontage Type CityStreet

Internal Only

Street Number 1 1403

* Excluded Features

List By

Wny Metro Roberts Realty

Broker

(929) 264-8682

Phone

Affordability Calculator

$1,936

Per Month

Monthly Principal & Interest: $1,435
Monthly Property Taxes: $501
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lackawanna, NY

Average List Price ^$302,603

Percent of Sale Price 32%

About Lackawanna, NY

18,264 Population

-4% Since 2002

^$36,038 Median Income

40.13 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3040635 Elementary School

3040931 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/26/2025	$230,000		Listed Price

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1403 Electric Avenue, Lackawanna, NY, 14218 is a Multi-Family Home for sale at $230,000 with 2,600 sqft and a lot size of 0.0689. 1403 Electric Avenue has 6 bedrooms, 3.0 baths, and was built in 1918. The property's zip code is 14218 which is in Lackawanna, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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1403 Electric Avenue

Multi-Family Home for sale in Lackawanna, NY

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