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Price $899,000

Wendel Street East, Lancaster, New York 14086, Lancaster, New York 14086

  • Lot Area : 3,390 Sqft
  • Visits : 11 in 3 days
$899,000
Features
Pool Expense : $0
Address Map
State :
NY
County :
Erie
City :
Lancaster
Zipcode :
14086
Street : Wendel Street East, Lancaster, New York 14086
Floor Number : 0
Longitude : W79° 18' 44.2''
Latitude : N42° 53' 45.6''
MLS Addon
Office Name : Avant Realty LLC
Association Fee : $0
Bathrooms Total : 0
Building Area : 0 Sqft
CableTv Expense : $0
DOM : 1
Development Status :
Raw Land
Electric Expense : $0
Exterior Features :
Gravel Driveway
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash,Conventional,Land Contract
Lot Features :
Rectangular, Rectangular Lot, Other, See Remarks, Level, Cleared
LotSize Dimensions : 30X113
Maintenance Expense : $0
Parcel Number : 145201-115-060-0001-017-000
Special Listing Conditions :
Standard
Utilities :
Cable Available, High Speed Internet Available, Electricity Available, Water Available, Natural Gas Available, Phone Available, Sewer Available
AttributionContact : 716-333-4663
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.

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : B1643171
Price : $899,000
Lot Area : 3,390 Sqft
Status : Active
Property Sub Type : Residential
Agent info
David Weitzel
Element Realty Services
Element Realty Services
390 Elmwood Avenue, Buffalo NY 14222
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