CCertihomes
938 Ridge Road, Lackawanna, NY 14218

$350,000

5 beds 3 baths 2,466 sqft Built 193032 days on marketActive

About this home

Welcome to this stately, beautifully landscaped, well maintained 3-unit apartment home. Perfectly situated near landmarks such as Our Lady of Victory National Shrine & Basilica, Buffalo and Erie County Botanical Gardens, shopping, schools, restaurants and quick access to downtown Buffalo. Whether you're an investor seeking a turn-key rental property or an owner-occupant looking to live in one unit while generating rental income from the others, this property offers exceptional value and flexibility. The apartments boast updated kitchens with appliances, updated baths, spacious living areas and plenty of natural light throughout. Hardwood floors, newer carpeting, solid mechanicals provide peace of mind & long-term durability. The basement offers storage space, and each tenant has its own washer & dryer to use! Large off-street parking for 6 cars. Nice, modest backyard...perfect for shared outdoor enjoyment. Front porches for first and second floor units. This property is a rare find in a growing rental market!

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
$4,129/mo

Real estate (PITI + HOA + PMI)
$3,390
Principal + interest$2,246
Property tax + insurance$1,013
PMI / 2nd mortgage$131
Utilities
$1,550
Heating + cooling$622
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$4,129/mo TLC
Budget$5,000/mo
Remaining after TLC$871/mo
Purchase price
$350,000
Down payment
$17,500 (5%)
Loan amount
$332,500
APR
7.15%

Quick facts

Type
MultiFamily
Style
Triplex
Year built
1930
Lot size
0.2432 ac
Stories
3
Heating
Gas, Stove, ForcedAir, NaturalGas
Cooling
WallUnits
Water
Connected, Public
HOA
Annual tax
$7,171
MLS #
B1608825
County
Erie

At a glance

Air conditioning
Fireplace
Basement

Home features

Appliances
GasWaterHeater
Interior
NaturalWoodworkProgrammableThermostat
Parking
CommonPavedTwoOrMoreSpaces
Flooring
Carpet, CeramicTile, Hardwood, Tile, Varies, Vinyl
Roof
Asphalt
Sewer
Connected

Lot features

CornerLot, NearPublicTransit, Rectangular, RectangularLot, ResidentialLot

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 5/22/2025. Provided courtesy of Chubb-Aubrey Leonard Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.