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This is a four-unit rental property that's already up and running. Three units are rented out, with one vacancy for a possible owner occupant or rent it out for even more income. Each unit has 2 bedrooms and 1 bathroom, with its own entrance, its own basement, and its own driveway. Two of the four units were renovated between 2024 and 2026. It also has a large side yard that adds to the property's potential. The numbers: it brings in about $32,400 a year in rent, costs about $16,300 a year to run, leaving roughly $16,600 a year in profit. The tenants are all on month-to-month leases, so you have flexibility to adjust rents or make changes as units turn over. This solid, steady earning property, in a very convenient location, is great for income now and the potential for even more growth over time.
| DAYS ON MARKET | 3 | LAST UPDATED | 11/2/2026 |
|---|---|---|---|
| TRACT | Buffalo Crk Reservation | YEAR BUILT | 1954 |
| COMMUNITY | Lackawanna-City-140900 | COUNTY | Erie |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater, Water Heater |
|---|---|
| AREA | Lackawanna-City-140900 |
| BASEMENT | Full, Yes |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | Multi Family |
| LOT | 9583 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 72X140 |
| PARKING | Paved |
| STORIES | 2 |
| STYLE | Fourplex |
| SUBDIVISION | Buffalo Crk Reservation |
| TAXES | 7808 |
| UTILITIES | Sewer Connected, Water Connected |
| WATER | Public |
| ZONING | Residential 2 Unit |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Melissa M Doerr, Howard Hanna WNY Inc, 716-472-3533
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