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. 2026-08-14
For sale
$299,000
35 Cowing St, Depew, NY 14043
6beds
1,600sqft
Multi Family
Built in 1900
-- sqft lot
$296,500 Zestimate®
$187/sqft
$-- HOA
What's special
Basement storageSunroom officePartially finished attic
- 11 days |
- 211 |
- 7 |
Zillow last checked:
Listed by:
HUNT Real Estate 716-681-3900,
Victor Bandriwsky
Source: HUNT ERA Real Estate,MLS#: B1704607
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Yes
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 2
Features
- Stories: 2
Lot
- Size: 4,887 Square Feet
Details
- Parcel number: 14520310415189
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1900
Community & HOA
Community
- Subdivision: Holland Land Company's Su
Location
- Region: Depew
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $125,000
- Date on market: 8/7/2026
- Lease term: Contact For Details
Estimated market value
Zestimate®
$296,500
Estimated sales range
$282,000 - $311,000
Rent Zestimate®
$1,356/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $299,000+89.1%$187/sqft |
Source: HUNT ERA Real Estate #B1704607 Report a problem | ||
| 4/24/2025 | Sold | $158,100+143.6%$99/sqft |
Source: Public Record Report a problem | ||
| 3/20/2014 | Sold | $64,900$41/sqft |
Source: Public Record Report a problem | ||
| 1/18/2014 | Price change | $64,900-18.8%$41/sqft |
Source: Realty Edge, Inc #B440455 Report a problem | ||
| 12/1/2013 | Price change | $79,900-11.1%$50/sqft |
Source: Realty Edge, Inc #B440455 Report a problem | ||
| 10/16/2013 | Listed for sale | $89,900$56/sqft |
Source: Realty Edge, Inc #B440455 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $80,000 |
| 2024 | -- | $80,000 |
| 2023 | -- | $80,000 |
| 2022 | -- | $80,000 |
| 2021 | -- | $80,000 |
| 2020 | -- | $80,000 -10.1% |
| 2019 | -- | $89,000 |
| 2018 | -- | $89,000 |
| 2017 | $4,019 +168% | $89,000 |
| 2016 | $1,500 | $89,000 |
| 2015 | -- | $89,000 |
| 2014 | -- | $89,000 |
| 2013 | -- | $89,000 |
| 2012 | -- | $89,000 |
| 2011 | -- | $89,000 |
| 2010 | -- | $89,000 +3.1% |
| 2009 | -- | $86,300 |
| 2008 | -- | $86,300 |
| 2007 | -- | $86,300 |
| 2006 | -- | $86,300 |
| 2005 | -- | $86,300 +23.1% |
| 2004 | -- | $70,100 |
| 2003 | -- | $70,100 |
| 2002 | -- | $70,100 |
| 2001 | -- | $70,100 |
| 2000 | -- | $70,100 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 14043
Nearby schools
GreatSchools rating
- 8/10Como Park Elementary SchoolGrades: K-3Distance: 1.1 mi
- 4/10Lancaster Middle SchoolGrades: 7-8Distance: 0.9 mi
- 10/10Lancaster High SchoolGrades: 9-12Distance: 1.7 mi
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