Depew, NY 14043,7 Cloyes AVE
Depew, NY 14043,7 Cloyes AVE
Depew, NY 14043,7 Cloyes AVE
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$899,000
Est. payment /mo
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2 Beds
2 Baths
1,588 SqFt
Active

7 Cloyes AVE Depew, NY 14043

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Michael Ablan

Michael Ablan

+1(315) 286-3256

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,588 sqft

Price per Sqft $566

MLS Listing ID B1643161

Style Duplex

Bedrooms 2

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1930

Annual Tax Amount $4,385

Lot Size 0.690 Acres

Acres 0.69

Lot Dimensions 120X250

Property Sub-Type Multi Family

Property Description

$899k for the whole package. Own the cul de sac. Welcome to 1-7 cloyes Ave in depew. This listing specifically is 7 Cloyes which is a duplex with 2 one bedroom apartments. Cayuga heights elementary School in your backyard and Cayuga Creek within a rocks throw. Investment Portfolio Opportunity – Single-Family Home Plus Two Duplexes & Three Buildable Lots. An incredible chance to acquire a turnkey multi-property investment package with built-in income and development potential. The offering includes: One single-family home ideal for owner-occupancy or steady rental income. Currently tenant occupied. Two duplexes, each generating strong cash flow with separate utilities that are currently tenant occupied. Three vacant and buildable lots with utilities available at the road. Additional land area on the current parcels that can support construction of more multi-family units (verify with local zoning).The current owner has approval to build a couple of duplexes on the vacant lots. There could be more opportunity with proper re zoning. All properties are located within close proximity, simplifying management and maximizing efficiency. Whether you're an investor seeking immediate returns and future expansion or a developer looking for multi-unit potential, this package delivers both. Properties can be sold as a complete package only. Financials and parcel maps available upon request. Seller is willing to hold a mortgage with $170k down on a 15 year term at 7.25% interest rate.

Location

State NY

County Erie

Area Lancaster-145289

Rooms

Basement Crawl Space

Interior

Heating Gas, Baseboard

Flooring Other, See Remarks

Fireplace No

Appliance Gas Water Heater

Exterior

Garage Spaces 2.0

Utilities Available Sewer Connected, Water Connected

Garage Yes

Building

Lot Description Cul-De-Sac, Irregular Lot

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Structure Type Wood Siding

Construction Status Existing

Schools

School District Depew

Others

Senior Community No

Tax ID 145289-115-010-0001-003-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Avant Realty LLC 716-333-4663

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Michael Ablan

Michael Ablan

NYS Lic. R.E. Broker / Owner / CEO | License ID: 10491209935

+1(315) 286-3256

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