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Active
    • Price cut: $25K (9/17)
    $349,900

    5314 Broadway St, Lancaster, NY 14086

    4beds
    5,046sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $344,000 Zestimate®
    $69/sqft
    $-- HOA

    What's special

    Spacious upper apartmentFormal dining areaFresh coat of blacktopThree bedroomsLots of living spaceUpdated lower apartment
    Solid three-unit investment property with good cash flows and plenty of upside! Located in the Village of Lancaster, this property is a great opportunity for an investor or handy owner-occupant looking to build equity and increase future income. The spacious upper apartment features three bedrooms, a formal dining area, and lots of living space. The updated lower apartment has one bedroom and an open living/kitchen area. The commercial space offers three suites, ideal for a small businesses. Three-phase electric provides additional business possibilities. Locate your business in one suite and rent the others or take it all, there are lots of options. Parking lot can accommodate up to 7 cars and just received a fresh coat of blacktop. Both apartments have new hot water tanks and the office space has a new furnace. Located on a high-visibility stretch of Broadway close to shopping, amenities and commuter routes. A great opportunity for a savvy investor! Also listed under ml# B1713629 as a commercial property.
    38 days
    272
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Perfect Place 716-655-4445,

    Stephanie A Morgan 716-866-8101

    Source: NYSAMLSs,MLS#: B1711514MLS LogoOriginating MLS: Buffalo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Gas, Baseboard, Forced Air, Multiple Heating Units
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Carpet, Laminate, Tile, Varies
      • Basement: Full,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 5,046
      • Total interior livable area: 5,046 sqft

      Property

      Parking
      • Parking features: Common, Other, Paved, Parking Available, See Remarks, Two or More Spaces
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 59 x 84
      • Features: Near Public Transit, Rectangular, Rectangular Lot
      Details
      • Parcel number: 1452031041900003025000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Wood Siding
      • Roof: Architectural,Flat,Membrane,Rubber,Shingle
      Condition
      • Resale
      • Year built: 1890

      Utilities & green energy

      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Location
      • Region: Lancaster

      Financial & listing details

      • Price per square foot: $69/sqft
      • Tax assessed value: $185,000
      • Annual tax amount: $7,632
      • Date on market: 9/8/2026
      • Cumulative days on market: 32 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $344,000

        $327,000 - $361,000

        $1,738/mo

        Price history

        DateEventPrice
        9/17/2026Price change$349,900-6.7%$69/sqft
        Source: NYSAMLSs #B1711514 Report a problem
        9/10/2026Listed for sale$374,900+158.6%$74/sqft
        Source: NYSAMLSs #B1711514 Report a problem
        12/16/2009Sold$145,000$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $185,000
        2024-- $185,000
        2023-- $185,000
        2022-- $185,000
        2021-- $185,000
        2020-- $185,000 +81.4%
        2019-- $102,000
        2018-- $102,000
        2017$8,409 +55.5%$102,000
        2016$5,407 $102,000
        2015-- $102,000
        2014-- $102,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 14086

        Getting around

        75 / 100
        Very Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Lancaster

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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