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1396-1398 Electric Avenue

Lackawanna, NY 14218
  • $196,500
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: B1381409
UPDATED: 9 min ago
$196,500
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,900
    SQFT
  • $50
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Information

Middle School:
High School:
School District:

Description

BRAND NEW UPDATES! New roof, gutters & sewer line repair 11/2021! Dont miss out on this huge income opportunity by owning this 4 unit & garage studio complex w/plenty of off street parking & green space! 2 lots inc in sale:1398 Electric (house) & 1396 Electric (side lot). Many updates in ALL the units thru the years inc furnace, plumbing & fixtures! Dry basement! Income approx $20k/yr in current conditions! 4 units are 1bed/1bath w/current rents $325-550/mo. Upper unit (#3) is a 2 story unit inc 3beds, large loft area & bath w/huge living room w/cathedral ceiling & access to porch & side deck, dining rm, spacious kitchen & large beds w/rent currently $600/mo (the only unit that includes access to basement, laundry & garage -tenants maintain yard/driveway). Units #1 & #4 (vacant) updates include: renovated baths & full appliances. Unit #2 (occupied) was completely remodeled in 2016. Unit #5 (occupied) is garage studio apt remodeled in 2014. Showings Mon & Thur 4pm-7pm & Sat 12p-4p (most tenant occupied mo to mo (long term tenants would all like to possibly stay.)

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©2022 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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 716 Realty Group shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than 716 Realty Group are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-01-16T19:13:49.993.
www.716realtygroup.com/homes/123898516
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1396-1398 Electric Avenue Lackawanna, NY 14218

  • Price: $196,500
  • Status: Active
  • On Site: 37 Days
  • Updated: 9 min ago
  • MLS #: B1381409
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,900
SQFT
$50
$/SQFT
1950
Built
Neighborhood:
Lackawanna-City-140900
County:
Erie
Area:
Lackawanna-City-140900
Middle School:
Lackawanna Middle
High School:
Lackawanna High
School District:
Lackawanna
Property Description
BRAND NEW UPDATES! New roof, gutters & sewer line repair 11/2021! Dont miss out on this huge income opportunity by owning this 4 unit & garage studio complex w/plenty of off street parking & green space! 2 lots inc in sale:1398 Electric (house) & 1396 Electric (side lot). Many updates in ALL the units thru the years inc furnace, plumbing & fixtures! Dry basement! Income approx $20k/yr in current conditions! 4 units are 1bed/1bath w/current rents $325-550/mo. Upper unit (#3) is a 2 story unit inc 3beds, large loft area & bath w/huge living room w/cathedral ceiling & access to porch & side deck, dining rm, spacious kitchen & large beds w/rent currently $600/mo (the only unit that includes access to basement, laundry & garage -tenants maintain yard/driveway). Units #1 & #4 (vacant) updates include: renovated baths & full appliances. Unit #2 (occupied) was completely remodeled in 2016. Unit #5 (occupied) is garage studio apt remodeled in 2014. Showings Mon & Thur 4pm-7pm & Sat 12p-4p (most tenant occupied mo to mo (long term tenants would all like to possibly stay.)
Exterior Features

Construction Materials CedarShake SidingVinyl SidingWood SidingCopper PlumbingPex Plumbing Exterior Features Awning(S)Blacktop DrivewayConcrete DrivewayDeckFence Fencing Partial Lot Features Near Public TransitRectangularResidential Lot Parking Features Three Or More SpacesDrivewayGarage Patio And Porch Features Deck Road Frontage Type City Street Roof AsphaltFlatShingle Waterfront YN No

Interior Features

Appliances Exhaust FanElectric OvenElectric RangeGas OvenGas RangeGas Water HeaterRefrigeratorRange Hood Basement FullSump Pump Fireplace YN No Fireplaces Total 0 Flooring CarpetHardwoodTileVariesVinyl Heating GasBaseboardForced Air Heating YN Yes Interior Features Ceiling Fan(S)Cathedral Ceiling(S)Sliding Glass Door(S)StorageNatural WoodworkWindow TreatmentsBedroom On Main Level Laundry Features Washer Hookup Levels Two Window Features Drapes

Property Features

Accessibility Features Accessible BedroomLow Threshold ShowerNo StairsAccessible Entrance Electric Circuit Breakers Listing Terms CashConventional Possession Close Of Escrow Property Sub Type Other Rent Includes All UtilitiesElectricityHeatHot WaterParkingWater Sewer Connected Special Listing Conditions Standard Tax Annual Amount 6334 Utilities Sewer ConnectedWater Connected Water Source ConnectedPublic

Listing information © 2022 CNYIS, GENRIS, WNYREIS. Listing courtesy of Marcia Keller of Hunt Real Estate Era.
©2022 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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 716 Realty Group shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than 716 Realty Group are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-01-16T19:13:49.993.
 
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