182 Lancaster Avenue, Buffalo, NY 14222

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Property Description

Welcome to 182 Lancaster Avenue - a rare opportunity to own a four-unit property in the heart of Elmwood Village. Set within a classic Queen Anne-style residence, this home showcases timeless architectural character paired with strong income potential, just steps from one of Buffalo's most sought-after and walkable neighborhoods. An oversized front porch enhances the curb appeal - the perfect setting to relax on summer days and enjoy the energy of Elmwood Avenue. This well-maintained multi-family features two spacious 2-bedroom apartments and two 1-bedroom apartments, a highly desirable and flexible unit mix with strong rental demand. The first-floor unit is currently vacant and has been updated with a brand-new kitchen, making it ideal for an owner-occupant or for immediate market-rate leasing. Additional updates include a newer boiler (2021), exterior paint (2023), shared basement laundry, and off-street parking for all tenants - a rare and valuable convenience in this prime location. All mechanicals are serviced yearly, providing added peace of mind and consistent performance. The property delivers solid income potential with meaningful upside for future appreciation in a consistently strong rental market. Located just steps from Elmwood Avenues vibrant shops, caf?s, restaurants, parks, nightlife, and cultural attractions, this property provides unmatched walkability and lifestyle appeal. Whether you're seeking to live in one unit while tenants help offset expenses or add a strong, stable asset to your portfolio, 182 Lancaster Avenue delivers location, flexibility, and long-term value in one exceptional package.

182 Lancaster Avenue | MLS# B1709491

This multi-family property located at 182 Lancaster Avenue, Buffalo, NY 14222 is currently listed for sale with an asking price of $599,000. Lancaster Avenue is located within the Buffalo school district. Search Buffalo real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Fireplaces: 2
Heating: Gas, Steam
Home Style: Fourplex
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $10,364
Year Built: 1900

Amenities

Ceiling Fan(s)
Entrance Foyer
Skylights
Natural Woodwork
Fence

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 2
Exterior: Other, Wood Siding, PEX Plumbing
Fencing: Partial
Flooring: Carpet, Hardwood, Luxury Vinyl, Tile, Varies
Laundry: Common Area
Lot: Near Public Transit, Rectangular, Rectangular Lot
Lot Dimensions: 40X120
Parcel#: 140200-100-220-0002-012-000
Parking: Paved, Two or More Spaces
Parking Notes: Paved, Two or More Spaces
Patio/Porch: Covered, Porch
Security: Fire Escape
Sewer: Connected
Units: 4
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public
Window: Leaded Glass, Skylight(s)

Local Schools

School District: Buffalo

Estimate Your Payment

Estimated Payment

$ 2,371.49 per month $1,333.11 Principal & Interest $863.67 Property Tax $174.71 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty WNY
Agency Contact: 716-908-4212

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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