51 Laverack Avenue Lancaster, NY $ 324,900
51 Laverack Avenue
$ 324,900
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51 Laverack Avenue

Lancaster, NY, 14043
$ 324,900
Bedrooms5 Baths3.0 Sq 2,039

Monthly Estimate*

$ 2,000

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Multi-Family Home for sale in Lancaster, NY

for $324,900 with 5 bedrooms and 3 full baths. This 2,039 square foot home was built in 1931 on a lot size of 0.1865.

***SELLER WILLING TO CONSIDER OFFERS BETWEEN $324,900 and $374,900*** Welcome to 51 Laverack Ave, a well-maintained 3-unit investment property located just minutes from all the restaurants, shops, and conveniences of the Village of Lancaster. This is a rare opportunity that works for both seasoned investors and first-time house hackers. Here is what makes it special: one tenant is moving out, opening up a unit for an owner occupant. Live in one unit, let the other two help cover your mortgage, and step into homeownership the smart way. The remaining units are filled with great paying, reliable tenants already in place, so your income starts on day one. The upside does not stop there. A renovated basement offers the potential for a 4th-unit conversion, creating real room to grow your future revenue. Outside, a 4-car garage adds even more flexibility, whether you use it for tenant parking or turn it into an additional income stream. Strong rental demand, a prime location, and a built-in path to live for less or scale up. Whether you are looking to house hack your way into your first property or add a solid performer to your portfolio, 51 Laverack checks the boxes!

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Multi-Family Active

Price

$ 324,900

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,931

Style

Triplex

Lot Size

0.1865

Year Built

1931

Town/City

Lancaster

County/Region

Erie

MLS | Web ID

B1690656

Features
General
Sewer Connected
Heating Gas Baseboard
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Appliances GasWaterHeater
Garage Spaces 4.0
Architectural Style Triplex
Construction Materials Brick CompositeSiding
School District Depew
Year Built 1931
Township Depew-Village
Property Subtype MultiFamily
County Erie
Property Type Residential
Garage Y/N Yes
Rent Includes Other SeeRemarks Water
Full Baths 3
Status Active
Directions Use GPS
City Lancaster
Senior Community Y/N No
High School District Depew
Number Of Units Total 3
MLS Area Depew Village-Lancaster-145201
Lot Size Units Acres
Lot Size Square Feet 8125.0
Year Built Details Existing
Tax Annual Amount 3931.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Depew
Elementary School District Depew
Tax Assessed Value 80000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 8
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Interior
Basement Full
Flooring Carpet Laminate LuxuryVinyl Tile Varies
Total Fireplaces 0
Total Stories 1
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Laundry Features CommonArea
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 3
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Exterior
Parking Features Garage TwoOrMoreSpaces
Lot Features Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1865
Building Area Total 2039.0
Lot Dimensions 65X125
Lot Size Acres 0.1865
Waterfront Y/N No
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type CityStreet
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Internal Only
Street Number 1 51
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* Excluded Features
List By
Exp Realty

Broker

(716) 307-4461

Phone

Affordability Calculator

$2,328
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,000
Monthly Property Taxes
$328
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038193 Elementary School
3038289 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2026$324,900 Listed Price

Map


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51 Laverack Avenue, Lancaster, NY, 14043 is a Multi-Family Home for sale at $324,900 with 2,039 sqft and a lot size of 0.1865. 51 Laverack Avenue has 5 bedrooms, 3.0 baths, and was built in 1931. The property's zip code is 14043 which is in Lancaster, NY