Courtesy: Realty Smith Inc.
716-652-1776
Exceptional investment opportunity in Lancaster/Depew! This fully occupied 5-unit multifamily property is a turnkey addition to any investor's portfolio, generating approximately $4,200 per month in rental income with established tenants already in place. The property offers strong cash-flow potential with separate gas and electric utilities for tenants, minimizing landlord expenses. Water is the only utility paid by the owner. Well maintained and consistently occupied, this property presents an excellent opportunity for both seasoned investors and those looking to expand their real estate holdings. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this income-producing asset benefits from continued rental demand in a desirable area. Join us for an Open House on Thursday, June 25th from 5:00 PM to 7:00 PM. Showings begin at the Open House. Offers, if any, will be reviewed beginning Sunday, June 28th at 12:00 PM. Don't miss this opportunity to own a fully occupied multifamily property with immediate income and long-term investment potential!
Courtesy: eXp Realty
888-276-0630
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
Lancaster is located in New York. Lancaster, New York has a population of 44,732. Lancaster is more family-centric than the surrounding county with 29.74% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Lancaster, New York is $79,908. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Lancaster is 45.9 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 39.4 inches per year, with 84.8 inches of snow per year.
