40 Johnson Street

Lackawanna NY 14218

1740 sq. ft.

4800 sq. ft.

Multi-Family

Last sold for $190,000

Dana Calhoun, last sold this property on 16 July 2026 after 56 days on market.

Overview

Fantastic Investment Opportunity or Owner-Occupant Gem! Welcome to 40 Johnson Street, a beautifully maintained and substantially updated 2-unit multi-family home located in a highly convenient and walkable Lackawanna neighborhood. Perfect for an investor looking to add a turn-key property to their portfolio, or an owner-occupant looking to live in one unit while letting the other pay the mortgage. The upper unit features 2 bedrooms and a brand-new, modern kitchen, new cabinets with butcher block counters, fully equipped with sleek stainless steel appliances and a brand-new independent heating unit. The spacious lower unit offers 3 bedrooms, an updated bathroom, and includes all kitchen appliances. Major mechanical upgrades offer true peace of mind, featuring a 3-year-old boiler, glass block basement windows, and two newer hot water tanks (lower replaced in 2023, upper in 2025). Some newer windows throughout. Outside, you will find a long driveway providing plenty of off-street parking alongside a detached 2-car garage that is perfect for additional storage or tenant use. Backyard is private and even has a small deck to enjoy WNY summers. Both units are clean, vacant, and ready for immediate occupancy. Comparable rents show between $1,200-$1,500/unit. Separate gas and electric meters make utility management simple. Don't miss out on this solid, low-maintenance Lackawanna double! SATURDAYS OPEN HOUSE HAS BEEN CANCELLED.

Features

5 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1740 sq. ft. floor area

4800 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Lackawanna over the last 12 months, the estimated median property value of 40 Johnson Street is $210k.

Median value

$210k

Estimated value range

$190k - $325k

Median days on market

Estimated value trend

-1%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Lackawanna. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Johnson Street

2026

Sold

$190,000

16 Jul 2026 by Dana Calhoun, of eXp Realty

Happy sellers in Lackawanna

We have insufficient information to provide an overview of customer satisfaction for Lackawanna. Viewing the agent profiles, reviews and sales for Lackawanna can provide insights for this location.