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1160 Tonawanda St
Tonawanda, NY 14207
Multifamily Property For Sale
·
24 Units
Investment Highlights
- With 24 rooms total and at 85% occupancy, current annual NET return is over $120,000.00
- Mostly updated windows, on-site laundry, common restrooms, full dry basement, updated electric, newer sewer line (2017), large parking lot, and garage
- 19/24 rooms bring in over $500/m each with room rates up to $700/m
- Brand new sprinkler system- over a $100,000 investment significantly reducing annual insurance costs
- First Floor can be rebuilt as a tavern (previous use), or additional income-producing first-floor retail, or units/rooms
- Buy, hire management, or manage yourself and Take Home over 6-figures annually
Property Facts
| No. Units | 24 | Building Size | 5,760 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1927 |
| Apartment Style | Low-Rise | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Cross Streets | Huetter Ave. |
| Lot Size | 0.18 AC | ||
| Zoning | C | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,760 SF |
| No. Stories | 2 |
| Year Built | 1927 |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | Huetter Ave. |
| Zoning | C |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Property Taxes
| Parcel Number | 146489-077-320-0006-009-000 | Improvements Assessment | $30,400 |
| Land Assessment | $9,600 | Total Assessment | $40,000 |
Property Taxes
Parcel Number
146489-077-320-0006-009-000
Land Assessment
$9,600
Improvements Assessment
$30,400
Total Assessment
$40,000
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