36 School St

Lancaster NY 14086

5148 sq. ft.

4792 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Turnkey 4-Unit Multi-Family in the Heart of Lancaster! Welcome to 36 School St, a fantastic opportunity for investors or owner-occupants looking for strong rental income and peace of mind. This well-maintained four-unit property blends historic charm with thoughtful updates — offering a move-in-ready investment in one of Lancaster’s most desirable neighborhoods. ? Property Highlights: Four spacious units with great rental potential. Upper unit was fully renovated in 2023 with modern finishes, updated flooring, and fresh paint throughout. Front unit renovated in 2025, featuring stylish upgrades and contemporary design. Updated mechanics within the last 10 years, providing reliable and efficient operation. Roof replaced in 2020, offering years of worry-free protection. Convenient location near local shops, restaurants, and major highways — perfect for tenants and owners alike. With significant updates already completed, this property is ready to generate steady income from day one. Whether you’re looking to expand your portfolio or live in one unit while renting out the others, 36 School St delivers exceptional value and long-term potential.