568 & 574 Town Line Road, Lancaster, NY 14086

Property Description

Versatile 3-Family Home on 8.5 Acres in Alden, NY - Tucked away on a picturesque lot, this unique multi-family property offers a rare combination of privacy, functionality & charm. With a total of 3 living units—comprised of an upper/lower duplex & a separate ranch-style home. The main residence's lower unit, currently owner-occupied, is beautifully maintained & move-in ready. This spacious home features 3 beds & 1.5 baths. A formal LR & DR offer comfortable spaces for everyday living, while the thoughtfully designed eat-in kitchen provides ample counter space, pantry, & charming custom details. The heart of this unit is the expansive family room & bar area, complete with hardwd floors, tall ceilings & a cozy FP —perfect for entertaining. 2 large sliding glass doors open onto a private deck overlooking the property, where you’ll find a heated above-ground pool, a gazebo & negotiable patio furniture for ultimate relaxation! ($2300/month potential) The upper unit in the duplex is equally spacious & inviting, with tall ceilings & efficient layout. It includes 2 bedrooms, 1 full bathroom, eat-in kitchen & a huge LR. With in-unit laundry & abundant storage, this space has been comfortably home to a long-term tenant of over 8 years, offering immediate rental income potential for the new owner. ($900/month) Across the driveway sits 574 Town Line Rd, the 3rd unit—a charming, ranch-style, "Guest House." This home has 3 beds & 2 full baths, both recently renovated with high-end Bath Fitters! ($14K+) LVP flooring runs throughout, combining durability w/ modern appeal. The home also includes laundry hookups, a private deck & an on-demand HWT with boiler heat, installed just 6 years ago. (1775/month) The property itself is truly a retreat, offering mature apple trees, a rustic barn, nature trails, a cozy fire pit & direct access to Cayuga Creek. Whether you're enjoying a peaceful morning walk or hosting gatherings, this land is beautiful. Live in one unit & rent the others. Keep loved ones close while maintaining privacy or add 1 to your investment portfolio. Don't miss this rare opportunity to own a multi-family estate! If 3 were rented out: potential $59K/yr!