7 months on rocket

1264 Electric Ave, Lackawanna, NY, 14218

$450,000

Home List Price

$5,344*

Closing Credit

10 Bedrooms
4 Full Baths
5,424 SqFt
$83/SqFt
Multi
Schools Nearby

Location

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1264 Electric Ave, Lackawanna$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCommon, Paved, Two or More Spaces
Year Built1920
HeatingNatural Gas, Forced Air
BasementYes
MLS #B1494807
Lot Size0.11 Acres
StatusActive

About 1264 Electric Ave

Fully rented all brick four unit bringing in $4,000 per month in the heart of Lackawanna close to most major amenities and public transportation! Off street parking and common area parking large enough for four medium sized vehicles. Motivated Seller!

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1920
  • Stories: 2
  • Living Area: 5,424 SqFt

Listing Office:

  • Office Name: Howard Hanna WNY Inc
  • Office Phone: (716) 430-5118
  • Listing Agent: Vienna Laurendi

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Varies

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: Common, Paved, Two or More Spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of Ridge Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $83/SqFt
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Housing Market Comparison

See how this home compares to others in Lackawanna, NY.

Med. Sold Price

$185.2K

Med. Price/SqFt

$116

Avg. Days On Market

20

# of Sold Homes

4

1264 Electric Ave vs Lackawanna

218 DAYS ON ROCKET

+198 Days

$450,000

+$264.7K More

$83/SqFt

-$33 Less

KEY TAKEAWAY

This property is $264.7K more than the Median Sold Price and $33/SqFt less than other homes in Lackawanna, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1494807

Listing Office:

  • Office Name: Howard Hanna WNY Inc
  • Office Phone: (716) 430-5118
  • Listing Agent: Vienna Laurendi

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/28/2024, 4:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2405952
4
/10
  • Martin Road Elementary School

  • 135 Martin Rd

  • 0.84 miles

  • Public District Grades 3-6

school-card-donut-2405953
6
/10
  • Blasdell Elementary School

  • 3780 S Park Ave

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-2405954
6
/10
  • West Elementary School

  • 1397 Orchard Park Rd

  • 3.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,500. Residents of Lackawanna, NY typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkErie CountyLackawanna142181264 Electric Ave

This home is located at 1264 Electric Ave in Lackawanna, NY and zip code 14218. This 5,424 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 23, 2023 and is currently priced at $450,000.

Over 3 listings were sold over their listed price in March 2024 in Lackawanna, NY. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. Between February 2024 and March 2024, Lackawanna, NY real estate market has seen decrease in the number of listings by 7.3%. Listings spent 20 days on the market in March 2024, and had a median list price of $185,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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