1 Montauk Lane Lancaster, NY ^$ 399,000

1 Montauk Lane

^$ 399,000

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Recently Listed

1 Montauk Lane

Lancaster, NY, 14086

^$ 399,000

Bedrooms4 Baths2.2 Sq 2,376

Monthly Estimate*

^$ 2,519

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Multi-Family Home for sale in Lancaster, NY

for $399,000 with 4 bedrooms and 2 full baths, 2 half baths. This 2,376 square foot home was built in 1994 on a lot size of 0.33.

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.

Multi-Family Active

Price

^$ 399,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 8,137

Style

Duplex

Lot Size

0.33

Year Built

1994

Town/City

Lancaster

County/Region

Erie

MLS | Web ID

B1719010

Features

Interior

Interior Amenities CeilingFans Storage NaturalWoodwork

Basement Full

Flooring Carpet Laminate Varies Vinyl

Total Fireplaces 0

Total Stories 2

Basement (Y/N) Yes

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Half Baths 2

Total Bedrooms 4

Main Level Bathrooms 0

Total Baths 4

General

Sewer Connected

Heating Gas ForcedAir

Cooling CentralAir

Utilities CableAvailable SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Asphalt

Appliances GasWaterHeater

Garage Spaces 0.0

Patio/Porch Features Covered Patio Porch

Architectural Style Duplex

Construction Materials AtticCrawlHatchwaysInsulated VinylSiding CopperPlumbing

School District Lancaster

Year Built 1994

Stories Count 2

Township Not Applicable

Levels Two

Property Subtype MultiFamily

County Erie

Property Type Residential

Rent Includes Water

Full Baths 2

Status Active

Directions Broadway to Montauk

City Lancaster

Senior Community Y/N No

High School District Lancaster

Number Of Units Total 2

MLS Area Lancaster-145289

Lot Size Units Acres

Lot Size Square Feet 14375.0

Year Built Details Existing

Tax Annual Amount 8137.0

Property Condition Resale

Standard Status Active

Middle/Junior School District Lancaster

Elementary School District Lancaster

Tax Assessed Value 315000

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 25

Exterior

Exterior Amenities Patio

Parking Features Concrete TwoOrMoreSpaces

Lot Features CornerLot Rectangular RectangularLot ResidentialLot

Water Source Connected Public

Lot Size Area 0.33

Foundation Details Poured

Building Area Total 2376.0

Lot Dimensions 80X180

Lot Size Acres 0.33

Waterfront Y/N No

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Road Frontage Type CityStreet

Internal Only

Street Number 1 1

* Excluded Features

List By

Hunt Real Estate Era

Broker

(716) 864-7001

Phone

Affordability Calculator

$3,197

Per Month

Monthly Principal & Interest: $2,519
Monthly Property Taxes: $678
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Lancaster, NY

Average List Price ^$301,506

Percent of Sale Price 24%

About Lancaster, NY

44,738 Population

15% Since 2002

^$69,422 Median Income

43.78 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

246444 Elementary School

246634 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/3/2026	$399,000		Listed Price

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1 Montauk Lane, Lancaster, NY, 14086 is a Multi-Family Home for sale at $399,000 with 2,376 sqft and a lot size of 0.33. 1 Montauk Lane has 4 bedrooms, 2.2 baths, and was built in 1994. The property's zip code is 14086 which is in Lancaster, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this site's owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

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1 Montauk Lane

Multi-Family Home for sale in Lancaster, NY

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