Lancaster, NY 14086,Wendel ST E
Lancaster, NY 14086,Wendel ST E
Lancaster, NY 14086,Wendel ST E
50
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$899,000
Est. payment /mo
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6,777 Sqft Lot
Active

Wendel ST E Lancaster, NY 14086

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Michael Ablan

Michael Ablan

+1(315) 286-3256

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID B1643177

HOA Y/N No

Lot Size 6,777 Sqft

Acres 0.1556

Lot Dimensions 60X113

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 one of the vacant lots. 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 Depew Village-Lancaster-145201

Direction Cloyes cul de sac

Interior

Fireplace No

Exterior

Exterior Feature Gravel Driveway

Utilities Available Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

Topography Level

Building

Lot Description City Lot, Rectangular, Rectangular Lot, Cleared, Level

Additional Building None

Schools

School District Depew

Others

Senior Community No

Tax ID 145201-115-060-0001-019-000

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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