$899,000

7 Cloyes Avenue, Lancaster, NY 14043

  • 2 beds |
  • 2 baths |
  • 1,588 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $566/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
October 6, 2025 at 05:00AM
Listing Office:
Avant Realty LLC : 716-333-4663
Listing Agent:
Charles Glander : 716-463-0108
MLS ID:
B1643161
  • Appliances: Gas Water Heater
  • Basement: Crawl Space
  • Flooring: OtherSee Remarks
  • Heating: GasBaseboard
  • Fireplace: Fireplaces: 0
  • Style: Duplex
  • Parking: Two or More Spaces
  • General: Wood Siding1
  • Originating MLS: NYS_B
  • School District: Depew
  • County: Erie
  • Zoning: 145289-115-010-0001-003-000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Charles Glander, Avant Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cayuga Heights Elementary School

1780 Como Park Blvd, Depew, NY, 14043

Grades KG-5

0.18 miles away

D

Depew Middle School

5201 Transit Rd, Depew, NY, 14043

Grades 6-8

0.32 miles away

D

Depew High School

5201 Transit Rd, Depew, NY, 14043

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.