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57 Saint John St Lancaster, NY 14086

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For Sale
$179,900

Multifamily property near village center with potential for increased rents.

Lot size:
0.21 Acres

Property Features for 57 Saint John St

General Information

Lot size
0.21 Acres

Building Details

Year built
1925

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Listing Contact
Shannon L Mcnichol
Shannon L Mcnichol
Source: Elliman

Listing Agent: Shannon L Mcnichol

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Lancaster Village Multifamily Property

This multifamily property is located in Lancaster Village, a short walk from the village center. The property includes an oversized two-car garage and a lot that backs up to a creek, ensuring no rear neighbors. A shared first-floor laundry room is available and can be finished for tenant use. The basement is mostly finished and includes a small kitchenette and bathroom. The property presents an opportunity to increase rental income. The lower unit was previously rented for $1,100, and the upper unit for $600. Rents could potentially reach $1,300 and $1,100, respectively, with additional income possible from the garage and basement. The current assessment is $187,500.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lancaster
County
Erie
State
New York
Longitude
-78.6767485
Latitude
42.9009236

FAQs

What type of property is this?
Duplex - Multifamily property near village center with potential for increased rents.
Where is this duplex located?
The property is located at 57 Saint John St Lancaster, NY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: - Prime Location: Just a short 3-minute walk to the Village center.; - Income Potential: Rents could be significantly higher, with potential for $1,300 and $1,100+. Current rents are $1,100 and $600.; - Oversized Two-Car Garage.
More about this property
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