48 Olanta Street, Depew, NY 14043

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Property Description

Rare opportunity to own a well-maintained side-by-side duplex in a highly desirable area of Depew. Duplexes in this location rarely become available, making this a great opportunity for both investors and owner-occupants. Each unit offers 3 bedrooms, 1.5 baths, eat-in kitchens with private deck access, separate basement space with laundry hookups, and private driveways. The right-side unit also features a newer sump pump installed in 2025. The property has been occupied by the same long-term tenants for many years and has been exceptionally well maintained throughout their occupancy. Tenants are currently month-to-month, with one occupying the property for approximately 30 years and the other for approximately 16 years. The right-side unit is expected to be vacant at the end of June. Current rents are below market value, with similar duplex units in the area typically renting for approximately $1,400-$1,800 per unit. Perfect opportunity to expand your investment portfolio or live in one unit while generating rental income from the other. Sellers reserve the right to set an offer deadline.

48 Olanta Street | MLS# B1684912

This multi-family property located at 48 Olanta Street, Depew, NY 14043 is currently listed for sale with an asking price of $360,000. Olanta Street is located within the Depew school district. Search Depew real estate on lynn-wadleigh.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Sump Pump
Cooling: Central Air
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.17 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $8,535
Year Built: 1990

Amenities

Deck

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 3
Exterior: Brick, Block, Concrete, Vinyl Siding
Flooring: Carpet, Varies, Vinyl
Laundry: Washer Hookup
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 76X100
Parcel#: 145201-104-070-0003-033-100
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Patio/Porch: Deck
Sewer: Connected
Units: 2
Utilities: High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Depew

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Estimated Payment

$ 1,617.45 per month $801.20 Principal & Interest $711.25 Property Tax $105.00 Homeowner's Insurance

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Realty ONE Group Empower
Agency Phone: 716-899-4663

Shown By

Agent Name: Lynn Wadleigh
Agent Phone: (518) 260-2222 Cell
Agency Title: Coldwell Banker Prime Properties

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