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 2-4 unit, see MLS B1553026
Features of 301 Payne Avenue
| MLS® # | B1553495 |
|---|---|
| Price | $300,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,476 |
| Square Footage | 3591 |
| Acres | 0.08 |
| Year Built | 1930 |
| Type | Commercial Sale |
| Sub-Type | Office |
| 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 | Sewer Connected, Water Connected |
|---|---|
| Features | Rectangular, Rectangular Lot |
| Parking | Off Site |
| Garages | Off Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Gas, Forced Air, Other, See Remarks |
|---|---|
| Cooling | Other, See Remarks |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Lot Description | Rectangular, Rectangular Lot |
|---|---|
| Roof | Flat, Membrane, Pitched, Rubber |
School Information
| District | North Tonawanda |
|---|---|
| Middle | North Tonawanda Middle |
| High | North Tonawanda High |
Additional Information
| Zoning | Mixed Use |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna WNY Inc |
|---|---|
| Contact Info | 716-430-5118 |