Corner 7-Unit Apartment
For Sale
$450,000
101 Main Street, Depew, NY 14043
Seven-unit multifamily property on a corner lot with off-street parking and a unit mix of studios, one-bedrooms, and a three-bedroom.
Property Size9,439 SF
Days on Market119
Property Features for 101 Main Street
General Information
Standard status
Active
Size
9,439 SF
Property subtype
Multi Family Home
Additional Details
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$7,946
Building Details
Building Size
9,439 SF
Year Built
1900
Stories
3
Units
6
Listing Agency:
eXp Realty
(585) 944-7895
Listed By:
Danielle Machado
(585) 944-7895
Source:
Homeprocny
Added: Apr 28
Changed: Aug 23
Last Checked: Aug 23 at 5:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This 7-unit apartment building sits on a corner lot and includes five one-bedroom apartments, one three-bedroom unit, and one studio apartment. The property offers ample off-street parking. Updates noted by the seller include newer furnaces and hot water tanks, along with some updated windows. The property is being sold as-is.
Located in Lancaster, NY, the building is within walking distance of local shops, restaurants, and community amenities. Easy access to major routes supports convenient commuting.
The current residential income is reported as $6,250 per month. The described mechanical and selected window updates may help reduce near-term maintenance while offering a straightforward addition to a rental portfolio.
Located in Lancaster, NY, the building is within walking distance of local shops, restaurants, and community amenities. Easy access to major routes supports convenient commuting.
The current residential income is reported as $6,250 per month. The described mechanical and selected window updates may help reduce near-term maintenance while offering a straightforward addition to a rental portfolio.
Key Highlights
- 7‑unit multifamily on a corner lot in Lancaster, NY
- Unit mix: five 1‑bedroom apartments, one 3‑bedroom unit, and one studio apartment
- Generates $6,250/month in rental income
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Explore this area
Business Placement
Demographics for 14043, NY
24,962
Population
11,743
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
2,743
Density / Sq Mi
$73,373
Median Household Income
$50,263
Median Earnings
$1,072
Median Rent
$192,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit multifamily property on a corner lot with off-street parking and a unit mix of studios, one-bedrooms, and a three-bedroom.
Where is this apartment building located?
The property is located at 101 Main Street Depew, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7‑unit multifamily on a corner lot in Lancaster, NY; Unit mix: five 1‑bedroom apartments, one 3‑bedroom unit, and one studio apartment; Generates $6,250/month in rental income
