Residential

361 - 367 Lincroft Road, Lackawanna

$320,000

Bedroom 8 bedrooms
Bathroom 4 baths

  • MLS #: B1726634
  • Address: 361 - 367 Lincroft Road, Lackawanna, NY 14218
  • Date Listed: 11/2/2026
  • Days on Market: 0
  • SQFT: 4950
  • Acres: 0.22
  • Restrictions: Standard
  • Subdivision: Buffalo Crk Reservation

Location Location

Agent Comments Agent Comments
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.

Amenities Amenities
  • Gas Water Heater

Interior Features Interior Features
  • Heat System: Gas, Forced Air
  • Floors: Carpet, Hardwood, Laminate, Varies
  • Fireplaces: 0

Exterior Features Exterior Features
  • Parking: Paved
  • Siding: Composite Siding
  • Roof: Shingle

Additional Features Additional Features
  • County: Erie
  • Property Type: Multi Family
  • Tax Number: 140900-142-120-0002-005-000
  • Water/Sewer: Connected, Public
  • Stories: 2
  • Year Built: 1954