Exceptional investment opportunity with this fully occupied four-unit property offering immediate income potential! All four units have separate street addresses (214, 216, 218 & 220 Rodman Rd. ), individual entrances, separate basements, individual furnaces, hot water tanks, storage areas, and dedicated parking, making management simple and appealing to tenants. The two middle two-bedroom units have both been recently remodeled with fresh updates, while the end units are spacious one-story layouts featuring three bedrooms each. Three of the four units are occupied by long-term tenants, including two with leases already in place, while one of the beautifully updated units is being vacated, providing an excellent opportunity to increase rental income or select your next tenant. The property features a partially fenced yard, and numerous recent improvements throughout. Be sure to check out the impressive income potential this property offers! Conveniently located quick access to I-90, making virtually any destination throughout the region less than a 25-minute drive. A rare opportunity to add a solid, income-producing property to your investment portfolio!
Multi-familyProperty Type
1941Year Built
0.31 acresLot Size
$55Price/Sq.Ft.
2 spacesParking
Listing by Jerrold Thompson• Century 21 North East
Investment opportunity awaits! All four units are fully rented on month-to-month leases. Each side-by-side unit has its own street address: 214, 216, 218, 220 Rodman Rd. Several fresh updates throughout. End units are one story with 3 bedrooms each and middle units are two stories with two bedrooms each. Each has its own entrance, basement, utilities (HWT and furnace), storage unit and parking area. Partially fenced yard. Roof is 12 years old. Showings start immediately and offers will be reviewed as they come in!
As the MLS and public records start to fill up, we'll list the details here.
Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $700
Actual Rent: $700
Actual Rent Range: 700
Unit Type 4
Unit Description: Oven/ Range,Eat-In Kitchen,Living Room
# of Bedrooms: 3
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $800
Actual Rent: $800
Actual Rent Range: 800
Exterior
Building Information
Stories: 2
Stories (Total): 2
Year Built Details: Existing
Roof Details: Asphalt, Shingle
Construction Details: Composite Siding, Copper Plumbing
Exterior Features
Exterior Features: Fence
Fencing: Partial
Lot Information
Lot Size Area: 0.313
Lot Size Acres: 0.313
Lot Size Dimensions: 129X105
Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street
Zoning Description: Other - See Remarks
Property Information
Foundation Details: Block
Resale
Financial
Assessments and Fees
Assessed Value: $168,000
Tax Information
Annual Tax Amount: $8,672
Rental Information
Tenant Pays: All Utilities
Utilities
Utility Information
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Gas, Forced Air
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Erie County
APN: 140900-142-120-0003-016-000
Home facts updated by county records on May 9, 2025
Around this home
Schools
Martin Road Elementary School
Public 2-5 • Assigned • 1.2mi
3/10
Lackawanna Middle School
Public 6-8 • Assigned • 0.6mi
2/10
Lackawanna High School
Public 9-12 • Assigned • 0.6mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Lackawanna, NY • 14218
Average low and high temperatures (°F)
29
19
31
19
48
31
57
40
63
49
75
62
81
67
78
62
74
57
61
46
49
38
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 11% for direct sun exposure in Lackawanna. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$313,000 – $379,000
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