BEDS6
BATHS2 full
SQUARE FEET1,600
MLS#B1704607
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHolland Land Company's Su
SCHOOLLancaster
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Sump Pump
Garage: 2
Heating: Electric, Gas, Forced Air
Home Style: Duplex
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,441
Year Built: 1900
Amenities
Balcony
Patio
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 74
Exterior: Fiber Cement, Other, See Remarks, Copper Plumbing
Flooring: Laminate, Varies, Vinyl
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 40X122
Parcel#: 145203-104-150-0018-009-000
Parking: Concrete
Parking Notes: Concrete
Patio/Porch: Balcony, Patio
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Lancaster
Listed By / Shown By
Listing By
Agency Name: HUNT Real Estate ERA
Agency Contact: 716-770-5478
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
Estimate Your Payment
Estimated Payment
$ 1,014.23 per month $643.19 Principal & Interest $286.75 Property Tax $84.29 Homeowner's Insurance
35 Cowing Street | MLS# B1704607
This multi-family property located at 35 Cowing Street, Depew, NY 14043 is currently listed for sale with an asking price of $289,000. Cowing Street is located within the Lancaster school district. Search Depew real estate on www.mjpeterson.com today.