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101 Main St

Depew NY 14043

6
9439 sq. ft.
5227 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Welcome to 101 Main Street in the heart of Lancaster, NY—an exceptional investment opportunity offering both strong income potential and a prime location. Situated on a desirable corner lot, this well-positioned 7-unit property features ample off-street parking and a diverse unit mix, including five one-bedroom apartments, one three-bedroom unit, and one studio apartment. Currently generating $6,250 in monthly rental income, this property presents immediate cash flow with room for future upside. Key updates include newer furnaces and hot water tanks, along with some updated windows, helping to reduce maintenance concerns. Perfectly located just steps from local shops, restaurants, and community amenities, tenants will appreciate the convenience and charm of village living. With easy access to major routes, commuting is simple and efficient. Being sold as-is, this is a fantastic opportunity for investors looking to expand their portfolio in a high-demand area. Don’t miss your chance to own a solid income-producing property in a sought-after location

Features

6 bedrooms
9439 sq. ft. floor area
5227 sq. ft. lot size
Multi-Family

Property history for 101 Main St

2017
Sold
$107,000
28 Feb 2017 by Sarah Duran, of HUNT Real Estate ERA

Happy sellers in Depew

100%
100% of sellers in Depew reported that their sale price either exceeded or met their price expectations.

Depew stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Depew over the last 12 months.

Local market activity for 6 bedroom multi families in Depew

In the last 12 months, 9 six-bedroom multi families similar to 101 Main St, have been sold.

This represents a 50% decrease in six-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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