301 Payne Avenue
North Tonawanda, NY, 14120
$490,000
4 Beds
4 Baths
6,476 SqFt
0.08 Acres
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ATTENTION INVESTORS: 9% CAP RATE!! FULLY OCCUPIED!! Completely remodeled building has two first floor commercial units and two second floor residential apartments. Each apartment includes two bedrooms, one full bathroom, kitchen, living room, and laundry room. Total rental income is $4500 per month and tenants are responsible for their individual gas and electric. Every unit was gutted to the studs and redone including but not limited to their insulation, electric, plumbing, drywall, kitchens, and flooring. Property management is in place that can transfer or cancel with the sale. This one’s a “no brainer”! Also listed as a commercial property, see MLS B1553495

Property Details

Price:
$490,000
MLS #:
B1553026
Status:
Active
Beds:
4
Baths:
4
Address:
301 Payne Avenue
Type:
Single Family
Subtype:
MixedUse
Subdivision:
Mile Reserve
City:
North Tonawanda
Listed Date:
Jul 18, 2024
State:
NY
Finished Sq Ft:
6,476
ZIP:
14120
Lot Size:
3,591 sqft / 0.08 acres (approx)
Year Built:
1930
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Schools

School District:
North Tonawanda
Middle School:
North Tonawanda Middle
High School:
North Tonawanda High

Interior

Appliances
Electric Water Heater, Gas Water Heater
Bathrooms
4 Full Bathrooms
Cooling
Ductless
Flooring
Carpet, Laminate, Varies
Heating
Ductless, Electric, Gas, Forced Air
Laundry Features
Washer Hookup

Exterior

Architectural Style
Fourplex
Construction Materials
Stone, Vinyl Siding
Parking Features
On Street
Roof
Flat, Membrane, Pitched, Rubber

Financial

Taxes
$5,523

Map

Community

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301 Payne Avenue
North Tonawanda, NY