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4928 Broadway , Lancaster, NY 14043

Price: $1,100,000

MLS#: B1501118
County: Erie
Area: Lancaster
Type:
Year Built: 1900
Square Feet: 11049
Bedrooms: 10
Waterfront: No
Sewer: Sewer Connected
Taxes: $19,938

Description Disclaimer

Prime 11-unit Investment on Broadway! Three adjacent properties in a sought-after location provide an unmatched opportunity for investors. The portfolio includes 10 apartments (2 one bedroom, 6 two bedroom, 2 three bedroom) and a remodeled storefront with a useful basement featuring a kitchenette, storage, and a full bath - an excellent setup for businesses. Impressively, all properties boast a 100% occupancy rate. 4922 BROADWAY is a split level; 4928 BROADWAY houses the storefront and 3 apartments under a 4-year-old roof, with a rear building holding 3 apartments beneath a 1-year-old roof, and a fully rented 2-car garage; 4940 BROADWAY is another split level, with its lower unit recently renovated and enhanced with a porch. Added conveniences include a 42 spot communal parking for all properties and tenants handling their own utilities. This unique investment promises substantial immediate returns and potential long-term appreciation. Tax and square footage amounts are combined. Individual amounts are as follows: 4922: Taxes $3420, 1750 sqft. 4928: Taxes $11364, 7222 sqft. 4940: Taxes $5155, 2077 Sqft.

Property Features

  • Interior Features
  • Ceiling Fan
  • Circuit Breakers-Some
  • Copper Plumbing-Some
  • Laundry- Separate Hook ups- Some
  • Other - See Remarks
  • Pex Plumbing
  • Sump Pump
  • Rooms
  • rooms
  • Heating/Cooling
  • Fireplace
  • 1 total
  • Exterior Style
  • Basement
  • Full
  • Partial
  • Partially Finished
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4928 Broadway , Lancaster, NY 14043


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4928 Broadway , Lancaster, NY 14043


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