40 Johnson St Lackawanna, NY 14218
Estimated payment $1,243/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!
Open House Schedule
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Saturday, May 23, 202611:00 am to 1:00 pm5/23/2026 11:00:00 AM +00:005/23/2026 1:00:00 PM +00:00Add to Calendar
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
| 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
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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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Ask me questions while you tour the home.