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Two-Unit Residential Income Duplex
For Sale
$100,000
Pending

1 Packard Way, Lakewood, NY 14750

Two-family duplex with separate entries and utilities, including attached one-car garage, patio, and deck, sold as-is.

Property Size2,020 SF
Days on Market128

Property Features for 1 Packard Way

General Information

Standard status Pending
Size 2,020 SF
Total Parking Spaces 1
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,758

Amenities

fireplace
laundry hookups
deck
patio

Building Details

Building Size 2,020 SF
Year Built 1930
Stories 2
Units 2
Tenancy Multi
Listing Agency: Century 21 Turner Brokers
Listed By: Rae Ellen Kyler · License #10401343841
Source: Elliman
Added: Apr 27 Changed: Aug 14 Last Checked: Aug 31 at 6:41PM

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 Century 21 Turner Brokers

Investment Insights

Based on property information with market context.

Welcome to One Packard Way, a two-family duplex with three bedrooms and three baths across two separate units, each with its own utilities and entry. The attached one-car garage supports the lower-level access for the upstairs unit.

The first-floor unit includes one bedroom and a large living room with sliding glass doors leading to a brick patio and the backyard. Laundry hookups are provided for each apartment.

The upstairs unit features two bedrooms, a spacious eat-in kitchen dining combination, and a formal living/dining area with a fireplace. The upstairs configuration also includes a lower-level second bath/laundry area and lower-level entry from the garage, along with an upper deck for outdoor space. The property requires renovation and is offered for sale as-is; all utilities are off and will not be turned on for inspections.

Key Highlights

  • Two‑family multi unit built in 1930 with attached one‑car garage
  • Separate entries and separate utilities for each apartment
  • First‑floor unit: 1 bedroom with large living room plus sliding glass doors to brick patio and back yard

Property Analytics

Current Use

Duplexes

Suggested Use

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

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
Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-family duplex with separate entries and utilities, including attached one-car garage, patio, and deck, sold as-is.
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‑family multi unit built in 1930 with attached one‑car garage; Separate entries and separate utilities for each apartment; First‑floor unit: 1 bedroom with large living room plus sliding glass doors to brick patio and back yard
More about this property
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