272 Canton Street, Depew, NY 14043 | MLS #R1685649 | HUNT Real Estate
 
  • 32 days on site
  • 6 views

Well-maintained two-family investment opportunity located on a quiet, well-kept residential street in the highly desirable Village of Depew within the Depew Union Free School District. Whether you are looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this property offers an excellent combination of cash flow potential, updates, and long-term value. The property features two spacious 2-bedroom, 1-bath apartments with separate utilities, allowing for simplified management and reduced owner expenses. The lower unit has been tastefully updated with a newer kitchen, updated bathroom, and modern flooring, while the upper unit is clean and well maintained with additional upside potential for future improvements or increased rents. Additional highlights include separate laundry facilities for each unit and a full basement providing abundant storage space—amenities highly appreciated by tenants. The detached garage offers added convenience for parking, storage, or possible supplemental rental income, while the driveway provides ample off-street parking for multiple vehicles. Major capital improvements include a roof and windows approximately 7 years old, helping minimize immediate maintenance concerns. Outside, the manageable yard and attractive curb appeal contribute to the property’s strong rental appeal and neighborhood charm. Conveniently situated near shopping, restaurants, parks, and major commuter routes into Buffalo, this property combines stable income potential with a desirable location in one of the area’s consistently sought-after rental markets.

Source: New York Alliance, MLS#: R1685649

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  • Property Type
    Residential
  • Lot
    0.12 acres

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  • Median Age
    43
  • Population Density
    2,882
  • College Educated
    36%
  • Estimated Median Income
    $63,377
  • Estimated Total Home Owners
    7,582
  • Estimated Total Renters
    3,406
  • Owner / Renter Divide
    69% / 31%
  • Estimated Average Household Size
    2
  • Total Population
    25,058
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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