CCertihomes
98 Victory Avenue, Lackawanna, NY 14218

$169,900

4 beds 2 baths 2,300 sqft Built 1925138 days on marketActive

About this home

MUST SEE! INCREDIBLE investment opportunity with this upper/lower, two-family double in the City of Lackawanna, perfect for investors looking to build a portfolio or owner-occupants looking to generate rental income to help cover the mortgage! The lower unit features an open-concept kitchen featuring recessed lighting, wood cabinetry, a center island and breakfast bar, creating a functional and inviting space opening up to the generous dining and living rooms with luxury vinyl plank throughout. The bathroom includes a unique clawfoot tub & a separate tiled shower room and enjoy the two bedrooms that offer comfortable living. The attractive upper unit has tall ceilings, hardwood flooring in the living and dining rooms, and a charming faux fireplace for aesthetic appeal. The kitchen has a vinyl floor and period woodwork cabinetry w/glass doors adding character, with two spacious bedrooms. Key updates include lower HWT 2025, some drain lines 2024, upper HWT 2022, newer upper furnace, vented glass block windows, with central air in the lower unit for added comfort. Ideally situated steps from South Park Lake, the Basilica, along with the Botanical Gardens while just minutes from Downtown Buffalo, this property offers strong income and cash flow potential with separate utilities and spacious units.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,529/mo

Real estate (PITI + HOA + PMI)
$1,758
Principal + interest$1,090
Property tax + insurance$604
PMI / 2nd mortgage$64
Utilities
$1,480
Heating + cooling$587
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$2,529/mo TLC
Budget$5,000/mo
Remaining after TLC$2,471/mo
Purchase price
$169,900
Down payment
$8,495 (5%)
Loan amount
$161,405
APR
7.15%

Quick facts

Type
Duplex
Style
Duplex
Year built
1925
Lot size
0.0689 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
Connected, Public
HOA
Annual tax
$4,270
MLS #
B1595575
County
Erie

At a glance

Air conditioning
Fireplace
Basement

Home features

Appliances
GasWaterHeater
Interior
CeilingFansNaturalWoodwork
Exterior
FullyFenced
Parking
NoDrivewayOnStreet
Flooring
Hardwood, Varies, Vinyl
Roof
Architectural, Shingle
Sewer
Connected

Lot features

NearPublicTransit, Rectangular, RectangularLot, ResidentialLot

Schools

Middle
Lackawanna Middle
High
Lackawanna High

Neighborhood — 14218

MetricThis ZIPCountyUSA
Population23,80619,351,094299,088,112
Population Change Since1990-10.00%8.00%20.00%
Population Density3,136395
Male11,4799,381,926147,432,321
Female12,3269,969,168151,655,844
Never Married5,5654,946,39163,775,926
Married9,1927,166,701123,120,365
Separated7741,159,67312,639,686
Widowed2,0471,110,24515,467,586
Divorced1,9221,210,44823,075,029
Number Of House Hold10,0297,102,016111,826,380
Average House Hold Size2.352.642.60
Medial Age39.2836.5335.46
Median House Hold Income$37,164$49,847$48,276
Average House Hold Income$45,750$70,032$63,629
P C I$19,611$26,569$24,529
M D I$32,699$42,210$41,133
A T H E$41,172$54,185$50,898
S T R8.75%4.00%
W C J80.73%81.55%77.74%
(Zip) Code
14218

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 3/31/2025. Provided courtesy of Keller Williams Realty WNY via Buffalo MLS. Information deemed reliable but not guaranteed.