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Six-Bedroom Duplex with Separate Utilities
For Sale
$449,000
Pending

20 Glendale Terrace, Orchard Park, NY 14127

Two-unit layout includes private entrances, laundry, and dedicated utility hookups.

Property Size3,264 SF
Days on Market69

Property Features for 20 Glendale Terrace

General Information

Standard status Pending
Size 3,264 SF
Property subtype Multi Family

Units

Unit Mix 3BR/2BA, 3BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $9,277

Amenities

fireplace
laundry
covered porch

Building Details

Building Size 3,264 SF
Year Built 1973
Buildings 1
Listing Agency: Howard Hanna WNY Inc.
Listed By: Angela Stewart · License #10401282190
Source: Highfallssir
Added: Aug 24 Changed: Oct 31 Last Checked: Oct 30 at 8:36PM

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 Howard Hanna WNY Inc.

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Investment Insights

Based on property information with market context.

Built in 1973, this duplex offers a three-bedroom lower residence with two full bathrooms, an additional living room, and a large main living area arranged for dining, lounging, and entertaining. A gas-start fireplace and high ceilings add distinctive interior features. The upper apartment contains three bedrooms and one full bathroom, with fresh paint and new carpeting. Each unit has its own entrance, utility connections, laundry, and mechanical systems.

Exterior features include a covered porch, backyard, spacious driveway, and carport parking. The property is located at 20 Glendale Terrace in Orchard Park, New York.

Key Highlights

  • Two‑unit property with a total of 6 bedrooms and 3 full bathrooms
  • Lower residence includes an additional living room, gas‑start fireplace, and high ceilings
  • Upper apartment features 3 bedrooms, 1 full bathroom, fresh paint, and new carpeting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,987
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,740 $419.7K
Cap Rate 7%
$299,814 $299.8K
Cap Rate 9%
$233,189 $233.2K
Market Conditions
NOI Build-Up for 3,264 SF
Gross rent
$45.0K $13.80/SF
− Vacancy
−$15.1K −$4.61/SF
EGI
$30.0K $9.19/SF
− OpEx
−$9.0K −$2.76/SF
NOI
$21.0K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,740
Cap Rate 7%
$299,814
Cap Rate 9%
$233,189

Alternative Uses

Best Use
Multifamily LT 5
$299.8K
$262.3K – $349.8K (±1% cap)
NOI $20,987 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$269.2K
$235.6K – $314.1K (±1% cap)
NOI $18,845 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$713.5K
$624.3K – $832.5K (±1% cap)
NOI $49,947 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

846
Businesses Nearby

Demographics for 14127, NY

30,565
Population
13,412
Households
2.3
Avg Household Size
46
Median Age
53%
College-Educated
98%
High-School Grad
40.7 sq mi
ZIP Area
751
Density / Sq Mi
$106,071
Median Household Income
$59,902
Median Earnings
$1,196
Median Rent
$328,700
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

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit layout includes private entrances, laundry, and dedicated utility hookups.
Where is this duplex located?
The property is located at 20 Glendale Terrace Orchard Park, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two‑unit property with a total of 6 bedrooms and 3 full bathrooms; Lower residence includes an additional living room, gas‑start fireplace, and high ceilings; Upper apartment features 3 bedrooms, 1 full bathroom, fresh paint, and new carpeting
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