Active

Price cut: $10K (10/5)

$289,000

35 Cowing St, Depew, NY 14043

6beds

1,600sqft

Duplex, Multi Family

Built in 1900

-- sqft lot

$283,600 Zestimate^®

$181/sqft

$-- HOA

What's special

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.

59 days
184
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Flooring: Laminate, Varies, Vinyl
Basement: Full,Sump Pump
Has fireplace: No

Interior area

Total structure area: 1,600
Total interior livable area: 1,600 sqft

Property

Parking

Total spaces: 2
Parking features: Concrete
Garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Balcony, Patio
Exterior features: Balcony, Patio

Lot

Size: 4,887 Square Feet
Dimensions: 40 x 122
Features: Rectangular, Rectangular Lot, Residential Lot

Details

Parcel number: 1452031041500018009000
Zoning description: Residential 2 Unit
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family

Materials

Fiber Cement, Other, See Remarks, Copper Plumbing
Roof: Asphalt

Condition

Resale
Year built: 1900

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Holland Land Company's Su

Location

Region: Depew

Financial & listing details

Price per square foot: $181/sqft
Tax assessed value: $80,000
Annual tax amount: $3,441
Date on market: 8/6/2026
Cumulative days on market: 2 days
Listing terms: Cash,Conventional,FHA,Private Financing Available,VA Loan

Estimated market value

$283,600

$269,000 - $298,000

$1,387/mo

Price history

Date	Event	Price
10/5/2026	Price change	$289,000-3.3%$181/sqft
Source: NYSAMLSs #B1704607 Report a problem
8/7/2026	Listed for sale	$299,000+89.1%$187/sqft
Source: NYSAMLSs #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