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.
Property Details
Price:
$369,900
MLS #:
B1687674
Status:
Active
Beds:
5
Baths:
0
Type:
Multi Family
Subtype:
Other
Subdivision:
Buffalo Crk Reservation
Neighborhood:
lackawannacity140900
Listed Date:
Jun 16, 2026
Finished Sq Ft:
3,994
Total Sq Ft:
3,994
Lot Size:
8,600 sqft / 0.20 acres (approx)
Year Built:
1900
Units:
5
See this Listing
Schools
School District:
Lackawanna
Interior
Appliances
Gas Water Heater
Flooring
Other, See Remarks, Varies, Vinyl
Heating
Gas, Forced Air, Hot Water
Interior Features
Other, See Remarks
Exterior
Community Features
None
Construction Materials
Vinyl Siding
Exterior Features
Blacktop Driveway
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Three Or More Spaces, No Garage
Patio And Porch Features
Open, Porch
Roof
Asphalt
Financial
Taxes
$7,201
Map
Community
- Address1697 Electric Avenue Lackawanna NY
- SubdivisionBuffalo Crk Reservation
- CityLackawanna
- CountyErie
- Zip Code14218
Subdivisions in Lackawanna
Market Summary
Current real estate data for Multi Family in Lackawanna as of Jul 16, 2026
23
Multi Family Listed
76
Avg DOM
91
Avg $ / SqFt
$262,604
Avg List Price
Property Summary
- Located in the Buffalo Crk Reservation subdivision, 1697 Electric Avenue Lackawanna NY is a Multi Family for sale in Lackawanna, NY, 14218. It is listed for $369,900
Similar Listings Nearby
Courtesy of WNY Metro Roberts Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 1697 Electric Avenue
Lackawanna, NY