Map
Listed price in listed location currency (USD).
$299,000

622

MLS® B1704607

Overview

Key Facts

Type Multi Family
Levels Residential
Size 1600 sqft
Garage Yes
Taxes $3,441
Days Active 31
Lot Size 0.1122 Acres
Approx. Age 1900
Avg. Price Per Sqft $186
MLS® Number B1704607

Property Address: 35 Cowing St, Depew, NY, 14043-3522

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey multi-family investment opportunity in the Village of Lancaster! This high-performing double features two spacious 3-bedroom apartments generating $2, 900 in total gross monthly rent, with the downstairs unit currently leased for $1, 550 and the upstairs unit for $1, 350. The downstairs unit will be delivered vacant by closing, presenting a flexible opportunity for owner-occupants, house-hackers, or investors seeking to place a new tenant at current market rates. All major mechanicals and high-ticket capital improvements have been completed, including a new main sewer line with a transferable 5-year warranty installed in 2025, new hot water tanks in 2025, and a full tear-off roof with gutters completed in 2020. Unlocked asset upside remains with a detached 2-car garage, sunroom office, partially finished attic, and basement storage that offer immediate potential for additional rental income. Separate utilities split responsibility cleanly between units.
MLS® NumberB1704607
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementFull, Sump Pump
DrivewayConcrete
Garage Spaces
HeatElectric, Gas, Forced Air
A/C

Extras

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