Rare opportunity to own a well-maintained side-by-side duplex in a highly desirable area of Depew. Duplex properties in this location do not come available often, making this a great opportunity for both investors and owner-occupants. Each spacious unit offers 3 bedrooms, 1.5 baths, an eat-in kitchen with private deck access, separate basement space with laundry hookups, and private driveways for added convenience. Right-side unit features a newer sump pump installed in 2025. The property has been occupied by the same long-term tenants for many years and has been exceptionally well maintained throughout their occupancy. Tenants are currently on month-to-month leases, with one tenant occupying the property for approximately 30 years and the other for approximately 16 years. Current rents are below market value, offering flexibility and potential for future income growth. Market rents for similar duplex units in the area typically range from approximately $1,400-$1,800 per unit. Ideal opportunity to expand your investment portfolio or live in one unit while generating rental income from the other. Sellers reserve the right to set an offer deadline.
Listing By
Agency Name: Realty ONE Group Empower
Agency Phone: 716-899-4663
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
Estimated Payment
$ 1,617.45 per month $801.20 Principal & Interest $711.25 Property Tax $105.00 Homeowner's Insurance
48 Olanta Street | MLS# B1684912
This multi-family property located at 48 Olanta Street, Depew, NY 14043 is currently listed for sale with an asking price of $360,000. Olanta Street is located within the Depew school district. Search Depew real estate on www.mjpeterson.com today.