35 Cowing Street
Depew, NY 14043 · Erie County
Price
$299,000
Bed / Bath
6 bd · 2 ba
Interior
1,600 sqft
Lot
4,887 sqft lot
Built
1900
Garage
2-car
About this home
Turnkey multi-family investment opportunity in the Village of Lancaster! This high-performing double features two spacious 3-bedroom apartments generating $2,900 in total gross monthly rent, with the downstairs unit currently leased for $1,550 and the upstairs unit for $1,350. The downstairs unit will be delivered vacant by closing, presenting a flexible opportunity for owner-occupants, house-hackers, or investors seeking to place a new tenant at current market rates. All major mechanicals and high-ticket capital improvements have been completed, including a new main sewer line with a transferable 5-year warranty installed in 2025, new hot water tanks in 2025, and a full tear-off roof with gutters completed in 2020. Unlocked asset upside remains with a detached 2-car garage, sunroom office, partially finished attic, and basement storage that offer immediate potential for additional rental income. Separate utilities split responsibility cleanly between units.
Exterior features
- Balcony
- Patio
Appliances
- Gas Water Heater
Mechanical
Heating
Electric, Gas, Forced Air
Schools
District
Lancaster
Tax & finance
Annual taxes
$3,441
Financing
Cash · Conventional · FHA · PrivateFinancingAvailable · VaLoan
MLS Attribution
Listing courtesy of HUNT Real Estate ERA. Listing agent: Victor Bandriwsky. Data last updated 8/7/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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