Renovated Two-Unit Brick
17 SAINT MARYS ST Lancaster, NY 14086
17 SAINT MARYS ST, Lancaster, NY, 14086
$224,899
Pending
For Sale
$224,899
Pending
Completely renovated two-unit brick duplex with new kitchens, baths, central air, updated mechanicals, and a back patio.
Property Size1,072 SF
Days on Market245
Property Features for 17 SAINT MARYS ST
General Information
- Standard status
- Pending
- Size
- 1,072 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1860
Listing agency
WNY Metro Roberts Realty
(716) 668-2500
Listed by
Patrick Sportelli · License #10401258834
(716) 668-2500
Source
Xome
Added: Nov 19, 2025 Updated: Jul 22 at 10:47AM Checked: Jul 22 at 10:47AM
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 WNY Metro Roberts Realty
Investment Insights
Based on property information with market context.
17 Saint Marys is a completely renovated brick, two-unit duplex. Both units have been updated with new kitchens and bathrooms, luxury laminate flooring, central air, and new mechanical systems. The property also features a newly installed tear-off roof and a freshly poured back concrete patio.
The building is located steps from West Main St, placing it within walking distance of what the village has to offer in Lancaster, NY.
Offered for sale, this turnkey duplex is positioned for either an owner-occupant or an investor seeking a move-in ready rental setup.
The building is located steps from West Main St, placing it within walking distance of what the village has to offer in Lancaster, NY.
Offered for sale, this turnkey duplex is positioned for either an owner-occupant or an investor seeking a move-in ready rental setup.
Key Highlights
- Completely renovated brick two‑unit duplex
- Renovations include new kitchens and bathrooms in both units
- Central air plus multiple heating options listed: gas and heat pump (partial)
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 | $14.8k | $13.80 |
| − Vacancy | −$4.9k | −$4.61 |
| EGI | $9.8k | $9.19 |
| − OpEx | −$3.0k | −$2.76 |
| NOI | $6.9k | $6.43 |
1,072 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$98.5K
$86.2K – $114.9K
NOI $6,893 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$88.4K
$77.4K – $103.2K
NOI $6,189 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$234.3K
$205.1K – $273.4K
NOI $16,404 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Completely renovated two-unit brick duplex with new kitchens, baths, central air, updated mechanicals, and a back patio.
Where is this duplex located?
The property is located at 17 SAINT MARYS ST Lancaster, NY.
What is the asking price?
The asking price for this property is $224,899.
What are key features of this property?
This property features: Completely renovated brick two‑unit duplex; Renovations include new kitchens and bathrooms in both units; Central air plus multiple heating options listed: gas and heat pump (partial)
