18-22,128 Maple Grove & Colton Ave Ave Lackawanna, NY 14218
Estimated payment $9,316/month
Highlights
- 0.7 Acre Lot
- Laundry Facilities
- Heating System Uses Gas
- Wood Flooring
- Rectangular Lot
About This Home
Attention Investors! RARE OPPORTUNITY to own a fully rented, low maintenance, cash flowing 14 unit combined in Lackawanna, NY! Gross income of $159,180 per year with plenty of upside to increase rents. Each unit is nearly identical with 2 large bedrooms, 1 full bath with ceramic, a kitchenette, large living space and hardwood floors throughout. Tenants pay separate electric; Gas/Water included in rent. Solid poured foundation with full basement and large parking lot in rear for tenant convenience. Good working mechanicals (2 boilers 2021), circuit breakers separately metered. Coin Laundry in basement and each tenant has their own storage unit for added convenience. Property Manager is open to staying on for new owner. Waiting list of tenants so vacancy remains low! Offers will be presented as they are received.
Listing Agent
Listing by HUNT Real Estate Corporation Brokerage Phone: 716-864-1929 License #10401244740 Listed on: 08/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,551
Year Built
- Built in 1970
Lot Details
- 0.7 Acre Lot
- Lot Dimensions are 165x380
- Rectangular Lot
- 140900-142-460-0004-019-110
Parking
- Gravel Driveway
Home Design
- Brick Exterior Construction
- Poured Concrete
- Copper Plumbing
Interior Spaces
- 16,823 Sq Ft Home
- 4-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 28 Bedrooms
- 14 Full Bathrooms
Utilities
- Heating System Uses Gas
- Radiant Heating System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 140900-142-460-0010-001-100
Community Details
Overview
- 4 Units
- Buffalo Crk Reservation Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Separate Gas Meters
- Operating Expense $20,111
- Gross Income $90,900
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Pending | -- | -- | -- |
| 10/02/2025 10/02/25 | Price Changed | $1,398,000 | +75.0% | $83 / Sq Ft |
| 09/24/2025 09/24/25 | For Sale | $799,000 | 0.0% | $47 / Sq Ft |
| 09/03/2025 09/03/25 | Pending | -- | -- | -- |
| 08/05/2025 08/05/25 | For Sale | $799,000 | -- | $47 / Sq Ft |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1627688
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