Spacious Depew Multifamily
For Sale
$285,000
1 Wendel St, Lancaster, NY 14043
Multifamily property with income potential in a desirable location.
Days on Market97
Property Features for 1 Wendel St
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Year Built
1927
Listing Agency:
Avant Realty LLC
(716) 463-0108
Listed By:
Charles Glander · License #10491210074
(716) 463-0108
Source:
Elliman
Added: Apr 27
Changed: Jul 10
Last Checked: Jul 31 at 6:06AM
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 Avant Realty LLC
Investment Insights
Based on property information with market context.
Located at 1 Wendel St in Depew, NY, this multifamily property presents an investment opportunity or potential for owner occupancy. The property features two units, each with two bedrooms and two bathrooms. The upper unit is currently rented for $985 per month. The lower unit is vacant but was previously rented for $1,513 per month. The property includes a full basement and a 2-car garage. An additional lot directly behind the property provides extra space. The property can be purchased individually or as part of a package deal including a vacant lot across the street, a single-family home next door, and another double at the end of the cul-de-sac. The location is considered bikeable with a score of 52 and car-dependent with a score of 29.
Key Highlights
- Strong income potential: Upper unit rented at $985/month; lower unit previously rented at $1,513/month.
- Opportunity for owner‑occupancy or investment.
- Includes an additional lot directly behind the property.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
461
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Multifamily property with income potential in a desirable location.
Where is this duplex located?
The property is located at 1 Wendel St Lancaster, NY.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Strong income potential: Upper unit rented at $985/month; lower unit previously rented at $1,513/month.; Opportunity for owner‑occupancy or investment.; Includes an additional lot directly behind the property.
