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35 Cowing Street, Lancaster, NY 14043

$279,000
: 6
BD
: 2
BA
: 1,600
SqFt

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List Price: $279,000
Status: ACTIVE
MLS#: B1704607
Price Change: ▼ $10,000 1794523507
Year Built: 1900
Stories: 2
Bedrooms: 6
Bathrooms: 2
Acres: 0.11
Living Area: 1,600
Subdivision: Holland Land Company's Su
Region: Lancaster
Neighborhood: Holland Land Company's Su

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Property Description

Turnkey multi-family investment opportunity in the Village of Lancaster! This newly renovated double features two spacious 3-bedroom apartments with separate gas and electric meters. The upstairs unit is currently leased for $1,350, and the downstairs apartment is vacant with multiple applicants interested at $1,550 per month. The downstairs unit presents a flexible opportunity for owner-occupants, house-hackers, or investors seeking to place a new tenant at current market rates. All major mechanicals and high-ticket capital improvements have been completed, including a new main sewer line with a transferable 5-year warranty installed in 2025, new hot water tanks in 2025, and a full tear-off roof with gutters completed in 2020. The detached 2-car garage, sunroom office, partially finished attic, and basement storage are not currently used by the tenants and offer immediate potential for additional rental income.

716-356-2356 or (716) "356-BFLO"

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Additional Information

Taxes: $3,441
Exterior Features: Balcony, Patio
Style: Duplex
School District: Lancaster
Water: Connected, Public
Sewer: Connected
Garage Spaces: 2