301 Payne Avenue, North Tonawanda, NY 14120
- $340,000
- 4
- BD
- 4
- BA
- 6,476
- SqFt
- Sold Price
- $340,000
- List Price
- $300,000
- Status
- CLOSED
- MLS#
- B1553026
- Closing Date
- Feb 10, 2026
- Year Built
- 1930
- Stories
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Acres
- 0.08
- Living Area
- 6,476
- Subdivision
- Mile Reserve
- Region
- North Tonawanda
- Neighborhood
- Mile Reserve
Property Description
VR Pricing. Seller will consider offers between $300,000 and $450,000. ATTENTION INVESTORS: 10% CAP RATE POTENTIAL WHEN 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 has been $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
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Additional Information
- Taxes
- $5,523
- Style
- Fourplex
- School District
- North Tonawanda
- Middle School
- North Tonawanda Middle
- High School
- North Tonawanda High
- Water
- Connected, Public
- Sewer
- Connected
Mortgage Calculator
Listing courtesy of Howard Hanna WNY Inc. Contact: 716-430-5118
Selling Office: MJ Peterson Real Estate Inc..