340 Olmstead Avenue, Lancaster, NY 14043

• 3 beds |
• 1 bath |
• 1,412 sqft

Property Description

Welcome to this updated 3-bedroom, 1-bath Village bungalow offering character, charm, and modern updates on a large, deep lot. Soaring ceilings and exposed brick add warmth and personality to the spacious interior. The large eat-in kitchen features crisp white cabinetry and stainless-steel appliances, while the oversized living room provides plenty of room for a home office, sitting area, or additional living space. The first floor offers two bedrooms, a full bath, and convenient laundry, making this home ideal for those seeking easy one-level living or adaptability. A rear foyer leads to the stamped-concrete patio overlooking the peaceful backyard, while the inviting front porch provides another great spot to relax. Upstairs, a generous flex space leads to the third bedroom and offers endless possibilities~ create a private primary suite, dressing/get-ready area, office, or additional living space. Bathroom renovations were completed in 2019, with new flooring throughout. Major mechanical updates equal Buyer Confidence ~ a newer water tank, furnace. Roof per old listing 2016! Currently rented as a single-family home, this property has also been utilized as a successful short-term rental, offering an attractive opportunity for investors with an established rental history. The current tenant would love to stay. Conveniently located near shopping, restaurants, coffee shops, Wegmans, major retailers, the I-90, and Buffalo Niagara International Airport, all within approximately five miles. A solid, versatile home offering comfort, convenience, and excellent potential! Seller reserves the right to set an offer deadline should activity warrant.

Listing Status:

Active

Date Added:

August 19, 2026

Data Last Updated:

August 21, 2026 at 7:16AM

Listing Office:

Howard Hanna WNY Inc. : 716-634-4200

Listing Agent:

Tracy Ann Parke Gibas : 716-416-4663

Contact:

716-416-4663

MLS ID:

B1708084

Interior

• General: Ceiling Fan(s)Entrance FoyerEat-in KitchenSeparate/Formal Living RoomHome OfficeBedroom on Main LevelConvertible Bedroom
• Appliances: DryerFree-Standing RangeGas OvenGas RangeGas Water HeaterOvenRefrigeratorWasher
• Laundry: Accessible Utilities or LaundryMain Level
• Basement: Crawl Space
• Flooring: CarpetLuxury VinylVaries
• Heating: GasForced Air
• Fireplace: Fireplaces: 0
• Disability Feature: Accessible BedroomOther

Exterior

• General: Concrete DrivewayDirt DrivewayDeckGravel DrivewayPatio
• Style: BungalowTwo Story
• Other Structures: PorchDeckPatioOpen
• Parking: No Garage

Construction

• Roofing: Asphalt
• General: Vinyl SidingPEX Plumbing2OtherSee Remarks

Location

• Road/Access: City Street
• Originating MLS: NYS_B
• School District: Depew
• County: Erie

Lot

• Zoning: 145201-104-240-0004-037-000

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater ConnectedCircuit Breakers
• Water: ConnectedPublic
• Sewer: Connected

Financial

• Source: NYS_B