35 Cowing Street
Lancaster, NY 14043
6
Bed
2
Bath
1,600Sqft
0.11Acre(Lot)
Turnkey multi-family investment opportunity in the Village of Lancaster! This high-performing double features two spacious 3-bedroom apartments generating $2,900 in total gross monthly rent, with the downstairs unit currently leased for $1,550 and the upstairs unit for $1,350. The downstairs unit will be delivered vacant by closing, presenting 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. Unlocked asset upside remains with a detached 2-car garage, sunroom office
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full, Sump Pump -
Flooring Information
Laminate, Varies, Vinyl -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater, Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Electric, Forced Air
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Building Information
Year Built: 1900 Building Area Total: 1600 Construction Materials: Fiber Cement, Other, See Remarks Stories: 2 Patio And Porch Features: Patio Private Pool: No -
Exterior Features
Exterior Features: Balcony
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Lot Information
Lot Dimensions: 40X122 Main Square Feet: 0.1122 Acres Lot Size Acres: 0.1122 Lot Size Square Feet: 4886 Lot Description: Rectangular LotProperty Information
Subdivision: Holland Land Company's Su Source Property Type: Residential Zoning Description: Residential 2 Unit Property SubType: Multi Family Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $299000 Cash, Conventional, FHA, Private Financing Available, VA Loan
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Tax Information
Parcel Number: 145203-104-150-0018-009-000 Tax Lot: 9 Annual Tax: $3441
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Parking Information
ConcreteGarage Information
Has Garage: Yes Garage Space: 2
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Utility Information
Sewer Connected, Water Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 75 Crane Street, Lancaster, NY, 14043 | $249,900 | 5 | 2 | 2,284 | 2,284 SqFt |
| 39 Laverack Ave Ave, Lancaster, NY, 14043 | $400,000 | 6 | 2 | 2,682 | 2,682 SqFt |
| 101 Main Street, Lancaster, NY, 14043 | $450,000 | 6 | -- | 9,439 | 9,439 SqFt |
| 74 Main Street #76, Lancaster, NY, 14043 | $250,000 | 6 | 2 | 2,660 | 2,660 SqFt |
| 91 Grant Street, Lancaster, NY, 14043 | $264,900 | 4 | 2 | 2,080 | 2,080 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 08/17/2026 @ 16:03
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