372 Aurora Street Lancaster, NY 14086
MULTI_FAMILY - Other - Lancaster, NY
Property Features for 372 Aurora Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Basement, Bathroom 1, Bedroom 2
- Parking features
- Garage
- Spa
- 1
- Patio and Porch features
- Porch
- Exterior features
- Awnings, Fence, HotTubSpa
- Fencing
- Fenced
- Appliances
- OilWaterHeater
- Standard status
- Pending
- APN
- 145203-115-570-0001-006-000
- Size
- 1,852 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5545
Utilities
- Heating system
- Oil, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Hardwood, Varies
- Building materials
- VinylSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Jennifer R Goetz License #10301223110 (716) 316-6664
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date May 25, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Well‑maintained double in Lancaster with an immaculate lower unit that is fully vacant and move‑in ready
- Lower unit updated with vinyl flooring and an updated chef’s kitchen featuring granite countertops, raised breakfast bar island, and stainless‑steel appliances
- Lower unit fully renovated bathroom with subway tile and a pedestal sink; upper unit has original hardwood floors in 2 bedrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.6k | $13.80 |
| − Vacancy | −$8.5k | −$4.61 |
| EGI | $17.0k | $9.19 |
| − OpEx | −$5.1k | −$2.76 |
| NOI | $11.9k | $6.43 |
