$449,000
Pending
58 Days Online
7 Beds4 Baths6,432 SQFT
Pending

4981 Broadway Street Lancaster, NY 14043

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Exciting investment opportunity in the bustling Village of Depew. Solid, brick, meticulously maintained & updated MIXED USE property with reliable cash flow. Property consists of a store-front commercial space (currently State Farm Insurance); a large 3 bedrm, first floor apartment; (2) two bedrm second floor apartments. Separate utilities. All tenants on month-to-month leases. Recent updates: electrical, exterior paint, carpeting/flooring, extra large shed with metal roof (built 2023), landscaping, gutters (with leaf guards) & downspouts, hot water tanks (2021 & 2023), central A/C in commercial space (new condenser 2023). One half of the huge attic is partially finished, offering versatility. Tear off roof 2016. Full, dry basement with drain tile, sump pump, tenant laundry area (separate hook-ups for each unit). Ample parking for around 12+ in the front lot & side concrete parking pad. Convenient location, just east of Transit Rd. Easy access to thruway systems, Walden Galleria Mall, & Buffalo Niagara International Airport. Open house Saturday, April 27th from 11am-1pm. Also an open house Sunday, April 28th from 11am-1pm.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyErie
  • Taxes$9,129
  • HOA/Condo/Coop Fees$0
  • Days on Site57 Days
  • MLS StatusPending
  • MLS ID NumberB1533267
  • Home Size Source Public Records
  • Year Built1900
  • Lot Size0.29 Acres
  • Full Baths3
  • Partial Baths1

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General Features

  • Style Fourplex
  • Construction Brick
  • Parking ConcreteOtherPavedParking AvailableSee Remarks
  • Basement FullSump Pump
  • Number of Stories 222
  • Acreage 0.29
  • Water Public
  • Cross Street Warsaw St
  • Property Sub Type Mixed Use
  • Garage Spaces 0
  • Utilities Sewer ConnectedWater Connected
  • Foundation Block
  • Listing Conditions Standard

Interior Features

  • Heating GasBaseboard
  • Appliances Gas Water Heater
  • Flooring CarpetCeramic TileHardwoodVaries
  • Fireplaces 1
  • Fireplace Yes

Exterior Features

  • Roof Asphalt
  • Waterfront Property No
  • Lot Corner Lot
  • Road Frontage Private Road

Community Features

  • Township Depew-Village
  • MLS Area Depew Village-Lancaster-145201

Schools

School District
Depew
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,358
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