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5314 Broadway Street, Lancaster, NY 14086

$374,900
  • 5314 Broadway Street, Lancaster, NY 14086 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET5,046 MLS#B1711514
STATUSActive PROPERTY TYPEResidential - SCHOOLLancaster

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 home located at 5314 Broadway Street, Lancaster, NY 14086 is currently listed for sale with an asking price of $374,900. This property was built in 1890 and has 4 bedrooms and 2 full baths with 5046 sq. ft. Broadway Street is located within the Lancaster school district. Search Lancaster real estate on www.mjpeterson.com today.

Property Features

Property Type: Residential -
Basement: Full, WalkOutAccess
Heating: Gas, Baseboard, ForcedAir, MultipleHeatingUnits
Lot Size: 0.10 Acres
Roof Type: Architectural, Flat, Membrane, Rubber, Shingle
Stories: 2.0
Taxes: $7,632
Year Built: 1890

Feature Descriptions

Appliances: GasWaterHeater
Exterior: Brick, WoodSiding
Flooring: Carpet, Laminate, Tile, Varies
Lot: NearPublicTransit, Rectangular, RectangularLot
Lot Dimensions: 59X84
Parcel#: 145203-104-190-0003-025-000
Parking: Common, Other, Paved, ParkingAvailable, SeeRemarks, TwoOrMoreSpaces
Parking Notes: Common, Other, Paved, ParkingAvailable, SeeRemarks, Two
Sewer: Connected
Units: 3
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Lancaster

Listed By / Shown By

Listing By

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

Shown By

Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234

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Estimated Payment

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

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