1441 Electric Avenue, Lackawanna, NY 14218

Welcome to this mixed-use, income generating property in Lackawanna, NY. This corner lot offers a unique investment opportunity. The property features a commercial space on the lower level, two rental apartments on the second floor, a two-car garage, a spacious parking lot that can accommodate over ten vehicles, a full basement, and a full attic. The current tenants provide a steady rental income of $2,700 (store $1100, upper front $650, upper back $950) per month. Updates were done in last few years are - new furnace for upper (2021) new hot water tank (2021), newly installed gutters all around the roof (2021) and updated parking lot fence. The property is conveniently located within walking distance of the City of Lackawanna downtown and Erie County Botanical Garden. Location near public transportation, major highways and various amenities are just minutes away. Offers will be reviewed as they are received.