301 Payne Ave

north tonawanda, NY 14120

$450,000

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    ATTENTION INVESTORS: 10% 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 2-4 unit, see MLS B1553026

    Details

    6,476 Sq Ft

    3,591 Sq Ft Exterior Space

    Commercial

    $5,523 Annual Tax

    Built in 1930

    MLS/Listing ID B1553495

    VIENNA LAURENDI - 716-430-5118

    NYS

    Source of Data: NEW YORK STATE MLS

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