Offered at $399,000, this pristine Lancaster duplex showcases exceptional care by its original owner. Both units feature central air, private basements with separate laundry, and separate driveways. A full rear porch overlooks the huge yard, providing inviting outdoor space. Rent has remained unchanged since 2019, and the current tenancy is month-to-month. Estimated market rents of $1,800–$1,950 per unit could generate $43,200–$46,800 in annual gross rental income. These figures are projections, not current income. A wonderful opportunity for an owner-occupant or investor seeking a meticulously maintained property with strong income potential.
Property Details
Price:
$399,000
MLS #:
B1719010
Status:
Pending
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
lancaster145289
Listed Date:
Oct 3, 2026
Finished Sq Ft:
2,376
Total Sq Ft:
2,376
Lot Size:
14,375 sqft / 0.33 acres (approx)
Year Built:
1994
Units:
2
See this Listing
Schools
School District:
Lancaster
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air
Flooring
Carpet, Laminate, Varies, Vinyl
Heating
Gas, Forced Air
Interior Features
Ceiling Fans, Storage, Natural Woodwork
Levels
Two
Exterior
Architectural Style
Duplex
Construction Materials
Attic Crawl Hatchways Insulated, Vinyl Siding, Copper Plumbing
Exterior Features
Patio
Lot Features
Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Concrete, Two Or More Spaces
Patio And Porch Features
Covered, Patio, Porch
Roof
Asphalt
Stories
2
Financial
Taxes
$8,137
Map
Community
- Address1 Montauk Lane Lancaster NY
- CityLancaster
- CountyErie
- Zip Code14086
Subdivisions in Lancaster
Market Summary
Current real estate data for Multi Family in Lancaster as of Oct 15, 2026
17
Multi Family Listed
95
Avg DOM
130
Avg $ / SqFt
$294,782
Avg List Price
Property Summary
- 1 Montauk Lane Lancaster NY is a Multi Family for sale in Lancaster, NY, 14086. It is listed for $399,000
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Courtesy of HUNT Real Estate ERA. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 1 Montauk Lane
Lancaster, NY