$475,000
Unlock Price Rating!

36 School Street, Lancaster, NY 14086

7 Beds
4 Baths
5,148 Sq Ft

Turnkey 4-Unit Multi-Family in the Heart of Lancaster!Welcome to 36 School St, a fantastic opportunity for investors or owner-occupants looking for strong rental income and peace of mind. This well-maintained four-unit property blends historic charm with thoughtful updates offering a move-in-ready investment in one of Lancasters most desirable neighborhoods. ? Property Highlights: Four spacious units with great rental potential. Upper unit was fully renovated in 2023 with modern finishes, updated flooring, and fresh paint throughout. Front unit renovated in 2025, featuring stylish upgrades and contemporary design. Updated mechanics within the last 10 years, providing reliable and efficient operation. Roof replaced in 2020, offering years of worry-free protection. Convenient location near local shops, restaurants, and major highways perfect for tenants and owners alike.With significant updates already completed, this property is ready to generate steady income from day one. Whether youre looking to expand your portfolio or live in one unit while renting out the others, 36 School St delivers exceptional value and long-term potential.

  • MLS# B1650202
  • Date Listed11/18/2025
  • Days on Realty 7 Days
  • Bedrooms 7
  • Bathrooms 4 Full baths
  • Lot Size 0.11 acres (4,792 sq. ft)
  • Property Type Multi Family
  • County Erie
  • Water Public
  • Square Feet 5,148 sq. ft
  • Price Per Sq. Ft $92.27

Interior Features

  • Appliances Gas Water Heater
  • Flooring Carpet, Hardwood, Laminate, Varies, Vinyl
  • Heating Natural Gas, Baseboard, Forced Air

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres 0.11
  • Lot Size SQFT 4,792.00
  • Lot Features Irregular Lot, Near Public Transit

Financial Considerations

  • Tax Amount $5,801
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NY / 14086

Source: Walkscore

77/100

Very Walkable

Walk Score ®

49/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 2/100, Bike Score: 31/100.

Points of Interest near 36 School Street, Lancaster, NY 14086

Frequently Asked Questions for 36 School Street

Source: Realty.com

36 School Street, Lancaster, NY 14086 is a Multi Family, Residential Income property listed for $475,000 The property is 5148 sq. ft with 7 bedrooms and 4 bathrooms

Realty.com has 28 photos of 36 School Street.

The full address for this home is 36 School Street, Lancaster, NY 14086.

36 School Street has been listed on Realty.com since Tue November 18, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 17/100, Transit Score: 2/100, Bike Score: 31/100.

There are 2 schools assigned to this home. Check out the schools near 36 School Street. Lancaster Middle School (Grades: 7 - 8), Lancaster High School (Grades: 9 - 12)

Listing provided courtesy of: Hunt Real Estate Corporation (tel: 716-662-9701)
Listing agent: Brian Hillery (tel: 716-512-3425) (#HILLERYB)

This content last refreshed on 2025-11-25 07:50:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 36 School Street, Lancaster, NY 14086 : MLS# B1650202