40 Johnson St Lackawanna, NY 14218
Estimated payment $1,250/month
Highlights
- Deck
- Wood Flooring
- Energy-Efficient Appliances
- Property is near public transit
- Private Yard
- Ceiling Fan
About This Home
Fantastic Investment Opportunity or Owner-Occupant Gem! Welcome to 40 Johnson Street, a beautifully maintained and substantially updated 2-unit multi-family home located in a highly convenient and walkable Lackawanna neighborhood. Perfect for an investor looking to add a turn-key property to their portfolio, or an owner-occupant looking to live in one unit while letting the other pay the mortgage. The upper unit features 2 bedrooms and a brand-new, modern kitchen, new cabinets with butcher block counters, fully equipped with sleek stainless steel appliances and a brand-new independent heating unit. The spacious lower unit offers 3 bedrooms, an updated bathroom, and includes all kitchen appliances. Major mechanical upgrades offer true peace of mind, featuring a 3-year-old boiler, glass block basement windows, and two newer hot water tanks (lower replaced in 2023, upper in 2025). Some newer windows throughout. Outside, you will find a long driveway providing plenty of off-street parking alongside a detached 2-car garage that is perfect for additional storage or tenant use. Backyard is private and even has a small deck to enjoy WNY summers. Both units are clean, vacant, and ready for immediate occupancy. Comparable rents show between $1,200-$1,500/unit. Separate gas and electric meters make utility management simple. Don't miss out on this solid, low-maintenance Lackawanna double! SATURDAYS OPEN HOUSE HAS BEEN CANCELLED.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,409
Year Built
- Built in 1857
Lot Details
- 4,800 Sq Ft Lot
- Lot Dimensions are 40x120
- Partially Fenced Property
- Rectangular Lot
- Private Yard
Parking
- 2 Car Garage
Home Design
- Duplex
- Block Foundation
- Copper Plumbing
Interior Spaces
- 1,740 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating System Uses Gas
- Wall Furnace
- Baseboard Heating
- Gas Water Heater
Additional Features
- Energy-Efficient Appliances
- Deck
- Property is near public transit
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 140900-142-780-0004-024-000
Community Details
Overview
- 2 Units
- Buffalo Crk Reservation Subdivision
Building Details
- 2 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $110,000 | $7,600 | $102,400 |
| 2024 | $1,926 | $110,000 | $7,600 | $102,400 |
| 2023 | $1,873 | $110,000 | $7,600 | $102,400 |
| 2022 | $1,967 | $110,000 | $7,600 | $102,400 |
| 2021 | $1,991 | $110,000 | $7,600 | $102,400 |
| 2020 | $800 | $110,000 | $7,600 | $102,400 |
| 2019 | $2,602 | $57,000 | $4,800 | $52,200 |
| 2018 | $1,242 | $57,000 | $4,800 | $52,200 |
| 2017 | $748 | $57,000 | $4,800 | $52,200 |
| 2016 | $1,284 | $57,000 | $4,800 | $52,200 |
| 2015 | -- | $57,000 | $4,800 | $52,200 |
| 2014 | -- | $57,000 | $4,800 | $52,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/22/2026 05/22/26 | Pending | -- | -- | -- |
| 05/20/2026 05/20/26 | For Sale | $179,900 | -- | $103 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $47,900 | -- |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1682690
APN: 140900-142-780-0004-024-000
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