1264 Electric Avenue

Lackawanna, NY 14218

$450,000
Price
10
Beds
4
Baths
5,424 Sq. Ft.
$83 / Sq. Ft.
5,424
Sq. Ft.
$83
per Sq. Ft.

Description

Fully rented all brick four unit bringing in $4,000 per month in the heart of Lackawanna close to most major amenities and public transportation! Off street parking and common area parking large enough for four medium sized vehicles. Motivated Seller!Fully rented all brick four unit bringing in $4,000 per month in the heart of Lackawanna close to most major amenities and public transportation! Off street parking and common area parking large enough for four medium sized vehicles. Motivated Seller!

Property Details for 1264 Electric Avenue

Subdivision Comm Complex
Buffalo Crk Reservation
Styles Of Residence
Fourplex
On Waterfront
No
Parking Description
Common, Paved, Twoor More Spaces
Nearest Cross Street
Ridge Road

Location

Add your commute
LISTING UPDATED: 02/26/2024 02:58 PM

Property Details for 1264 Electric Avenue

StatusActive
MLS #B1494807
Days on Market227
Taxes$6,449 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1920
Lot Size0.11 AC / 4,800 SF
CountyErie County

Location

Add your commute

Building Information for 1264 Electric Avenue

Stories2Residences4Year Built1920Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$2,993 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$537

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1264 Electric Avenue

Summary
Location and General Information
  • Elementary School District: Lackawanna
  • High School Name: Lackawanna High
  • High School District: Lackawanna
  • Middle School Name: Lackawanna Middle
  • Middle Or Junior School District: Lackawanna
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Lackawanna-City-140900
  • Tax Annual Amount: $6,449.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 5424.0
  • Land Features: Rectangular, Residential Lot
  • Num Of Acres: 0.1102
  • Lot Size Area: 0.1102
  • Lot Size Square Feet: 4800.0
  • Lot Size Units: Acres
  • Parcel Number: 140900-142-380-0005-026-000
  • Road Frontage: City Street
  • Lot Number: 26
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $115,000
  • Year Built: 1920
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
Utilities
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 4
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 10
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 5424.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$6,449.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expense Includes: Professional Management
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $1,000.00
  • Unit Type Lease Expires: 08-31-2024
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1000
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $1,000.00
  • Unit Type Lease Expires: 08-31-2024
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1000
Unit 3
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $1,000.00
  • Unit Type Lease Expires: 08-31-2024
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1000
Unit 4
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $1,000.00
  • Unit Type Lease Expires: 08-31-2024
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1000
Rental
Rental Information
  • Rent Includes: Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1264 Electric Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1264 Electric Avenue

Taxable ValueLand$15,600Additions$99,400Total$115,000
Home Facts
Total Finished SqFt3,504 SqFtAbove Grade Finished SqFt3,504 SqFtUnfinished Basement SqFt1,920 SqFtStories2Lot Size4,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1920Year Renovated1980ZoningMRCountyERIEAPN140900 142.38-5-26

Schools near 1264 Electric Avenue

This home is within Lackawanna City School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Truman Elementary School
PublicPK to 1

Martin Road Elementary School
Public2 to 5

Lackawanna Middle School
Public6 to 8

Lackawanna High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1264 Electric Avenue is a multi-family home for sale in Lackawanna, NY 14218. This property was listed for sale on September 21, 2023, it's currently listed at $450,000. It has been on the market for a total of 227 days and was last sold on February 10, 2022. This listing's school district is Lackawanna City School District. Nearby schools include Truman Elementary School, Martin Road Elementary School and Lackawanna Middle School. 1264 Electric Avenue is a 10-bed, 4-bath, 5,424 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.