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Two-Unit Duplex with Garage
For Sale
$100,000
Pending

1 Packard Way, Lakewood, NY 14750

Residential, Lakewood, NY

Property Size2,020 SF
Lot Size0.14 Acres
Days on Market208

Property Features for 1 Packard Way

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential 2 Unit
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Basement, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1
Exterior features Balcony
Fireplace 1
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Southwestern
Middle school district Southwestern
High school district Southwestern
Directions From East Terrace Ave, Lakewood, turn left onto Packard Way, home will be on the left.
Subdivision Lakewood-Village-062201
Standard status Pending
APN 062201-368-019-0001-007-000
Size 2,020 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 5758

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Amenities

laundry hook ups
fireplace
brick patio
upper deck

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Century 21 Turner Brokers · Century 21 Real Estate
Listed By: Rae Ellen Kyler · License #10401343841
Added: Mar 12 Changed: Sep 16 Last Checked: Oct 5 at 7:06PM
MLS# R1666993

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1930 frame duplex contains 2,020 square feet with two apartments, three bathrooms, and an attached one-car garage. The lower unit offers one bedroom, a large living room, sliding doors to a brick patio, and backyard access. The upper apartment includes two bedrooms, an eat-in kitchen and dining area, a separate living and dining arrangement with a fireplace, and a lower-level bathroom and laundry area. Each apartment has its own entrance, utility service, and laundry hookups. Outdoor features include an upper deck and balcony, while the basement adds lower-level space.

The property occupies 0.1446 acres in Lakewood near Chautauqua Lake, a park, beach, tennis courts, restaurants, and neighborhood shops. Public water serves the property, with forced-air heating and natural gas. Renovation is required, and the property is offered as-is with utilities currently off for inspections.

Key Highlights

  • Two‑unit duplex with 2,020 square feet and an attached one‑car garage
  • Apartment layout includes a one‑bedroom lower unit and a two‑bedroom upper unit
  • Separate entrances, utilities, and laundry hookups for each apartment

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby

Demographics for 14750, NY

4,673
Population
2,352
Households
2
Avg Household Size
49
Median Age
35%
College-Educated
95%
High-School Grad
11.3 sq mi
ZIP Area
414
Density / Sq Mi
$67,083
Median Household Income
$44,653
Median Earnings
$1,145
Median Rent
$158,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Separate entries, utilities, and laundry hookups support independent apartment operation.
Where is this duplex located?
The property is located at 1 Packard Way Lakewood, NY.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,020 square feet and an attached one‑car garage; Apartment layout includes a one‑bedroom lower unit and a two‑bedroom upper unit; Separate entrances, utilities, and laundry hookups for each apartment
More about this property
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