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71 St John St

Lancaster NY 14086

8
3
1
5157 sq. ft.
5227 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Exceptional investment or owner-occupant opportunity in the highly sought-after Village of Lancaster! This spacious 3-unit property offers over 5,000 sq ft of living space, strong income potential, and even room to expand with the possibility of a 4th unit. Unit 1 has been fully remodeled from top to bottom and features a modern, open-concept layout with 3 bedrooms and 1 full bath. Updates include a completely renovated kitchen and bathroom, new flooring, updated windows, and fully updated plumbing and electrical-truly turnkey. The boiler and hot water tank for Unit 1 were replaced in 2010. This unit is vacant and ready for an owner-occupant or new tenant. Unit 2 offers 4 bedrooms and 1 full bath, highlighted by vaulted wood ceilings and a sliding glass door leading to a private rooftop area. Unit 3 is a spacious 1 bedroom, 1 bath apartment. All units feature generously sized rooms, while Units 2 and 3 are finished with tongue and groove pine and are occupied by long-term tenants. The property includes separate utilities for each unit. Units 1 & 2 offer in-unit laundry. A full, dry basement offers excellent storage and functionality, complete with a garage door and ramp access-ideal for equipment, storage, or workshop use. Major updates include multiple roof improvements: front section replaced with a 40-year roof, rear upper section replaced in 2018, and small flat roof area between units replaced in 2024. Blacktop driveway replaced in 2022. An additional unfinished 24' x 36' space offers potential for future expansion or conversion into a 4th unit. Situated with no rear neighbors, this property provides added privacy while still being conveniently located in the Lancaster School District, close to village amenities, shops, and restaurants. Offers due 5/13 at 12pm.

Features

8 bedrooms
3 bathrooms
1 carspace
1 garage space
5157 sq. ft. floor area
5227 sq. ft. lot size
Multi-Family

Happy sellers in Lancaster

100%
100% of sellers in Lancaster reported that their sale price either exceeded or met their price expectations.

Lancaster stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Lancaster over the last 12 months.

Local market activity for 8 bedroom multi families in Lancaster

In the last 12 months, 1 eight-bedroom multi family similar to 71 St John St, have been sold.

This represents a 50% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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