706 Terrace Boulevard

Lancaster, NY 14043
Beds
4
Square Ft.
8,925
$500,000
Fully occupied 5-unit mixed-use investment property featuring one commercial unit and four residential apartments. This 1920-built building offers 8,925 square feet across three stories on a 40.5' x 120' lot with vinyl and brick construction and poured concrete basement. The property includes a 2-car attached garage plus 2 tandem parkingRead MoreRead Less
Courtesy of Iconic Real Estate.
Listing Snapshot
Days Online
25
Last Updated
Beds
4
Square Ft.
8,925
Lot Size
0.11 Acres
Year Built
1920
MLS Number
B1613211
Property Location Map
Additional Details
Property Access
CityStreet
Appliances & Equipment
AppliancesNegotiable, Dishwasher, GasOven, GasRange, GasWaterHeater, Refrigerator
Basement
Full
Building
4 total stories, Built in 1920, Stories: 4, 8,925 sqft living area, 8925 total building sqft, Brick, VinylSiding, CopperPlumbing, PexPlumbing
Community
SeeRemarks
Cooling
CentralAir
Expenses
Operating Expense: $23,508, Insurance, MaintenanceStructure, Maintenance, ProfessionalManagement, SnowRemoval, Trash, Utilities, WaterSewer
Exterior Features
ConcreteDriveway
Floors
Carpet, Laminate, Varies, Vinyl
Heating
Gas, ForcedAir
Income
Gross Income: 64300, Net Operating Income: 33161
Interior Features
CeilingFans
Lot
4792 sqft, 0.11 acres, Area: 0.11, Dimensions: 40X120, NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Parking
TwoSpaces
Property
4 units, Resale
Roof
Asphalt
Sewer
Connected
Taxes
Annual Amount: $7,631
Utilities
CircuitBreakers, 5 separate electric meters, 5 separate gas meters, ElectricityAvailable, ElectricityConnected, HighSpeedInternetAvailable, SewerConnected, WaterConnected
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Thomas Mason
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