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About This Home

This 5-bedroom, 2-bathroom residential multi family at 1488 Electric Avenue in Buffalo, NY is listed for $215,000 ($108 per sqft). Built in 1960, the home offers 1,985 sqft of living space on a 0.13 acres lot.

Agent Description

Excellent opportunity to own a well-maintained 2-unit property at 1488 Electric Ave in the City of Lackawanna! This income-producing property features a spacious 3-bedroom, 1-bath lower unit and a 2-bedroom, 1-bath upper unit, both occupied by great tenants paying standard market rents.

Tenants pay their own utilities, helping keep owner expenses low, while the owner covers the water bill. Major updates include a newer roof and hot water tank, both almost 3 years old. Additional features include a partially fenced yard, long driveway, detached garage, and a dry shared basement with separate laundry hookups for each tenant.

Conveniently located near shopping, restaurants, parks, and thruway access, this is a fantastic opportunity for both seasoned investors and owner-occupants looking to offset their mortgage with rental income!

Key Features

  • Built in 1960
  • 0.13 acre lot

Property Details

1 story
2 full
1960

Amenities

Hardwood

Monthly Cost Estimate

$1,150/mo

20% down · 6.5% · 30 years

Principal$155
Interest$932
Insurance$63

Estimates only. Actual payments may vary.

Location

1488 Electric Avenue

Buffalo, NY 14218

Buffalo Crk Reservation

Features & Amenities

Exterior Features

Fence

Property Details

Flooring

CarpetHardwoodVariesTile

Construction

Brick

Pool Features

Porch

Parking

Garage

Heating

Natural GasBaseboardForced Air

Appliances

GasWaterHeater

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 1488 Electric Avenue is listed at $215,000 ($108/sqft). The estimated monthly payment is $932 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.13 acre lot. Exterior Features: Fence.

This property is listed by Brandy Hardy and can be reached at 7165748998 or hardy17b@gmail.com.

BH

Brandy Hardy

Agent at WNY Metro Roberts Realty

(716) 574-8998

Listed by WNY Metro Roberts Realty · View on Broker Site

MLS# B1684892· Source: listhub· Updated 5 days ago

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1488 Electric Avenue, Buffalo, NY 14218

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