1697 Electric Avenue

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Address: 1697 Electric Ave, Lackawanna, NY 14218, USA
New York & Tri-State + Apartment Buildings
Created date: June 29, 2026
Date last updated: October 2, 2026
Price: $299,900Investment Analyzer NEW!

Property Description

Welcome to 1697 Electric Ave., a 5-unit multi-family property in Lackawanna offering an outstanding investment opportunity. This unique property features two buildings on one parcel-the front building with three apartments and the rear building with two additional units 5 full Bathrooms -all currently occupied for immediate rental income $4620 per month in rent. Perfect for investors or owner-occupants, the property includes some vinyl siding, solid mechanical systems, a sump pump, and a large driveway providing ample off-street parking for tenants. Conveniently located near shopping, dining, public transportation, and major highways, this versatile multi-unit property delivers strong rental income potential and long-term value.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $299,900
No. of Units: 5
Year Built: 1900
Lot Size: 3,994.00 Sq ft
Opportunity Zone: No
Price per unit: $59,980
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 0
Address: 1697 Electric Avenue, Buffalo, NY 14218, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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