1160 Tonawanda Street, Tonawanda-town, New York 14, Tonawanda-town, New York 14207
Bedrooms : 24
Square Footage : 8,640 Sqft
Visits : 76 in 117 days
$750,000
Features
Heating System :
Gas, Radiant
Basement :
Full, Sump Pump
Security :
Security System Owned
Appliances :
Dryer, Washer, Gas Water Heater
Community Features :
Laundry Facilities
Parking Features :
Driveway, Three Or More Spaces
Pool Expense : $0
Roof :
Flat, Membrane, Rubber
Sewer :
Connected
Address Map
State :
NY
County :
Erie
City :
Tonawanda-town
Zipcode :
14207
Street : 1160 Tonawanda Street, Tonawanda-town, New York 14
Floor Number : 0
Longitude : W79° 5' 26.1''
Latitude : N42° 57' 33.9''
MLS Addon
Office Name : Hanna Commercial
Accessibility Features :
Accessible Bedroom
Association Fee : $0
Bathrooms Total : 0
Building Area : 8,640 Sqft
CableTv Expense : $0
Construction Materials :
Brick
Cumulative DOM : 124
DOM : 116
Electric :
Circuit Breakers
Electric Expense : $0
Exterior Features :
Blacktop Driveway
Fireplaces Total : 0
Flooring :
Tile, Varies, Vinyl
Interior Features :
Bedroom On Main Level
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash,Owner Will Carry
Lot Features :
Corner Lot, Residential Lot, Near Public Transit, Flag Lot
LotSize Dimensions : 80X120
Maintenance Expense : $0
Parcel Number : 146489-077-320-0006-009-000
Special Listing Conditions :
Standard
Stories Total : 2
Subdivision Name : Jones Tr
Utilities :
Sewer Connected, Water Connected, High Speed Internet Available
AttributionContact : 716-856-7107
Property Description
Ignore the dust and focus on the RETURN! With 24 rooms and current 85% occupancy, this cash cow brings in an annual NET return of over $120,000.00. Brand new sprinkler system (2024), over a $100,000 investment significantly reducing annual insurance costs. Low Town of Tonawanda taxes (under $5,500), modest monthly utility costs, mostly updated windows, on-site coin operated laundry, 3 common restrooms, full dry basement, updated electric, brand new hot water tank, newer sewer line (2017), large parking lot, and garage. Close to transit and easy to occupy few remaining units. First Floor can be rebuilt as a tavern (previous use), or additional income-producing first-floor retail, or units/rooms. 18/24 rooms bring in over $500/m each with room rates up to $700/m. Buy, hire management, or manage yourself and Take Home over 6-figures annually.
