About 301 Payne Avenue
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
Features of 301 Payne Avenue
| MLS® # | B1553026 |
|---|---|
| Price | $300,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 6,476 |
| Square Footage | 3591 |
| Acres | 0.08 |
| Year Built | 1930 |
| Type | Residential |
| Sub-Type | Mixed Use |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 301 Payne Avenue |
|---|---|
| Area | North Tonawanda-City |
| Subdivision | Mile Reserve |
| City | North Tonawanda |
| County | Niagara |
| State | NY |
| Zip Code | 14120 |
Amenities
| Utilities | Water, Sewer Connected, Water Connected |
|---|---|
| Features | Residential Lot, Corner Lot, Near Public Transit, Rectangular, Rectangular Lot |
| Parking | On Street |
| Garages | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Varies |
|---|---|
| Appliances | Electric Water Heater, Gas Water Heater |
| Heating | Ductless, Electric, Forced Air, Gas |
| Cooling | Ductless |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full, Sump Pump |
Exterior
| Exterior | Stone, Vinyl Siding |
|---|---|
| Lot Description | Residential Lot, Corner Lot, Near Public Transit, Rectangular, Rectangular Lot |
| Roof | Flat, Membrane, Pitched, Rubber |
| Construction | Stone, Vinyl Siding |
School Information
| District | North Tonawanda |
|---|---|
| Middle | North Tonawanda Middle |
| High | North Tonawanda High |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna WNY Inc |
|---|---|
| Contact Info | 716-430-5118 |