Corner 7-Unit Apartment
101 Main St Lancaster, NY 14043
For Sale
$550,000
Seven-unit multifamily property on a corner lot with off-street parking and a unit mix of studios, one-bedrooms, and a three-bedroom.
Days on Market78
Property Features for 101 Main St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing Agency:
(716) 946-6969
Listed By:
Rachele Sutherland
(716) 946-6969
Source:
Elliman
Added: May 9
Changed: Jul 23
Last Checked: Jul 25 at 7:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rachele Sutherland
Investment Insights
Based on property information with market context.
This 7-unit apartment building sits on a corner lot and includes five one-bedroom apartments, one three-bedroom unit, and one studio apartment. The property offers ample off-street parking. Updates noted by the seller include newer furnaces and hot water tanks, along with some updated windows. The property is being sold as-is.
Located in Lancaster, NY, the building is within walking distance of local shops, restaurants, and community amenities. Easy access to major routes supports convenient commuting.
The current residential income is reported as $6,250 per month. The described mechanical and selected window updates may help reduce near-term maintenance while offering a straightforward addition to a rental portfolio.
Located in Lancaster, NY, the building is within walking distance of local shops, restaurants, and community amenities. Easy access to major routes supports convenient commuting.
The current residential income is reported as $6,250 per month. The described mechanical and selected window updates may help reduce near-term maintenance while offering a straightforward addition to a rental portfolio.
Key Highlights
- 7‑unit multifamily on a corner lot in Lancaster, NY
- Unit mix: five 1‑bedroom apartments, one 3‑bedroom unit, and one studio apartment
- Generates $6,250/month in rental income
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property on a corner lot with off-street parking and a unit mix of studios, one-bedrooms, and a three-bedroom.
Where is this apartment building located?
The property is located at 101 Main St Lancaster, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 7‑unit multifamily on a corner lot in Lancaster, NY; Unit mix: five 1‑bedroom apartments, one 3‑bedroom unit, and one studio apartment; Generates $6,250/month in rental income
