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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.
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
Amenities
Monthly Cost Estimate
$1,150/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1488 Electric Avenue
Buffalo, NY 14218
Buffalo Crk Reservation
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Appliances
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.








