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Welcome to 101 Main Street in the heart of Lancaster, NY"”an exceptional investment opportunity offering both strong income potential and a prime location. Situated on a desirable corner lot, this well-positioned 7-unit property features ample off-street parking and a diverse unit mix, including five one-bedroom apartments, one three-bedroom unit, and one studio apartment. Currently generating $6,250 in monthly rental income, this property presents immediate cash flow with room for future upside. Key updates include newer furnaces and hot water tanks, along with some updated windows, helping to reduce maintenance concerns. Perfectly located just steps from local shops, restaurants, and community amenities, tenants will appreciate the convenience and charm of village living. With easy access to major routes, commuting is simple and efficient. Being sold as-is, this is a fantastic opportunity for investors looking to expand their portfolio in a high-demand area. Don't miss your chance to own a solid income-producing property in a sought-after location
| DAYS ON MARKET | 7 | LAST UPDATED | 4/28/2026 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Depew Village-Lancaster-145201 |
| COUNTY | Erie | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer, Gas Water Heater, Washer |
|---|---|
| AREA | Depew Village-Lancaster-145201 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | Other |
| INTERIOR | Natural Woodwork |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Corner Lot, Rectangular Lot |
| LOT DIMENSIONS | 35X125 |
| PARKING | No Garage, Asphalt |
| STORIES | 3 |
| TAXES | 7946 |
| UTILITIES | Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Danielle Machado, eXp Realty
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
