About 35 Cowing Street
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, partially finished attic, and basement storage that offer immediate potential for additional rental income. Separate utilities split responsibility cleanly between units.
Features of 35 Cowing Street
| MLS® # | B1704607 |
|---|---|
| Price | $299,000 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,600 |
| Square Footage | 4886 |
| Acres | 0.11 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Duplex |
| Status | Active |
Community Information
| Address | 35 Cowing Street |
|---|---|
| Area | Lancaster-Village |
| Subdivision | Holland Land Company's Su |
| City | Lancaster |
| County | Erie |
| State | NY |
| Zip Code | 14043 |
Amenities
| Utilities | Sewer Connected, Water Connected, Trash Collection, Water |
|---|---|
| Features | Rectangular, Rectangular Lot, Residential Lot |
| Parking | Concrete |
| # of Garages | 2 |
| Garages | Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Electric, Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Sump Pump |
Exterior
| Exterior | Fiber Cement, Other, See Remarks, Copper Plumbing |
|---|---|
| Exterior Features | Balcony, Patio |
| Lot Description | Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt |
| Construction | Fiber Cement, Other, See Remarks, Copper Plumbing |
School Information
| District | Lancaster |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | HUNT Real Estate ERA |
|---|---|
| Contact Info | 716-770-5478 |