5314 Broadway Street, Lancaster, NY 14086

New

20 Photos

Property Description

Solid three-unit investment property with good cash flows and plenty of upside! Located in the Village of Lancaster, this property is a great opportunity for an investor or handy owner-occupant looking to build equity and increase future income. The spacious upper apartment features three bedrooms, a formal dining area, and lots of living space. The updated lower apartment has one bedroom and an open living/kitchen area. The commercial space offers three suites, ideal for a small businesses. Three-phase electric provides additional business possibilities. Locate your business in one suite and rent the others or take it all, there are lots of options. Parking lot can accommodate up to 8 cars and just received a fresh coat of blacktop. Both apartments have new hot water tanks and the office space has a new furnace. Located on a high-visibility stretch of Broadway close to shopping, amenities and commuter routes. A great opportunity for a savvy investor!

5314 Broadway Street | MLS# B1711514

This multi-family property located at 5314 Broadway Street, Lancaster, NY 14086 is currently listed for sale with an asking price of $374,900. Broadway Street is located within the Lancaster school district. Search Lancaster real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Heating: Gas, Baseboard, Forced Air, Multiple Heating Units
Lot Size: 0.10 Acres
Roof Type: Architectural, Flat, Membrane, Rubber, Shingle
Stories: 2.0
Taxes: $7,632
Year Built: 1890

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 2
Exterior: Brick, Wood Siding
Flooring: Carpet, Laminate, Tile, Varies
Lot: Near Public Transit, Rectangular, Rectangular Lot
Lot Dimensions: 59X84
Parcel#: 145203-104-190-0003-025-000
Parking: Common, Other, Paved, Parking Available, See Remarks, Two or More Spaces
Parking Notes: Common, Other, Paved, Parking Available, See Remarks, T
Sewer: Connected
Units: 3
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Lancaster

Estimate Your Payment

Estimated Payment

$ 1,579.71 per month $834.36 Principal & Interest $636.00 Property Tax $109.35 Homeowner's Insurance

Change Payment Information

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

Demographics

Listed By / Shown By

Listing By

Agency Name: Perfect Place
Agency Phone: 716-655-4445

Shown By

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

IDX logo

Login to My Homefinder