Exceptional investment opportunity in Lancaster/Depew! This fully occupied 5-unit multifamily property is a turnkey addition to any investor's portfolio, generating approximately $4,200 per month in rental income with established tenants already in place. With 4 units each having 2 bedrooms and 1 bath and the 5th a 1 bedroom, 1 bath this is a must have property.
The property offers strong cash-flow potential with separate gas and electric utilities for tenants, minimizing landlord expenses. Water is the only utility paid by the owner. Well maintained and consistently occupied, this property presents an excellent opportunity for both seasoned investors and those looking to expand their real estate holdings.
Conveniently located near shopping, dining, schools, parks, and major commuter routes, this income-producing asset benefits from continued rental demand in a desirable area.
Join us for an Open House on Thursday, June 25th from 5:00 PM to 7:00 PM. Showings begin at the Open House. Offers, if any, will be reviewed beginning Sunday, June 28th at 12:00 PM.
Don't miss this opportunity to own a fully occupied multifamily property with immediate income and long-term investment potential!
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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