83 Parkwood Avenue, Tonawanda, NY

$695,000

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8

Beds

7,218

Square feet

About 83 Parkwood Avenue

Exceptional 8-unit investment opportunity spanning four addresses—44 & 42 Myron Avenue and 87 & 83 Parkwood Avenue—located on a prominent corner lot in the highly desirable Village of Kenmore. This well-positioned multifamily property has strong in-place income with excellent long-term upside in one of Western New York's most sought-after rental markets. Just steps from Delaware Avenue, tenants enjoy walkable access to popular restaurants, coffee shops, local boutiques, parks, and everyday conveniences, making this a consistently desirable location for renters. The portfolio has the benefit of eight income-producing units across four adjacent buildings, providing operational efficiencies and diversified rental income. The Village of Kenmore continues to experience strong rental demand, low vacancy rates, and steady appreciation, making this an ideal opportunity for investors seeking reliable cash flow and future growth potential. Additional features include garages, ample off-street parking, and a location that continues to attract long-term tenants. Opportunities to acquire a multifamily portfolio of this size in such a prime Kenmore location are rare. Tax ID: 87 Parkwood: 146401-078-310-0007-022-000 44 Myron: 146401-078-310-0007-023-000 42 Myron: 146401-078-310-0007-024-000 83 Parkwood: the one provided under location All the dimensions, square feet, and lot frontage are added up between all 4 buildings/ properties. Some photos were brightened with AI.

Features of 83 Parkwood Avenue

MLS® # B1704460
Price $695,000
Bedrooms 8
Bathrooms 0.00
Square Footage 7,218
Year Built 1906
Type Multi Family
Sub-Type Other
Status Active

Community Information

Address 83 Parkwood Avenue
Area Kenmore-Village
City Tonawanda
County Erie
State NY
Zip Code 14217

Amenities

Utilities Sewer Connected, Water Connected, Common Area Maintenance, Snow Removal, Water
Features Corner Lot, Rectangular, Rectangular Lot
Parking One Space
Garages One Space
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Hardwood, Laminate, Tile, Varies, Vinyl
Appliances Gas Cooktop, Gas Water Heater
Heating Gas, Forced Air, Wall Furnace
Fireplace No
# of Stories 3
Stories 3
Has Basement Yes
Basement Full

Exterior

Exterior Brick, Fiber Cement, Vinyl Siding
Exterior Features Gravel Driveway
Lot Description Corner Lot, Rectangular, Rectangular Lot
Roof Asphalt
Construction Brick, Fiber Cement, Vinyl Siding

School Information

District Kenmore-Tonawanda Union Free District

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeGreco Real Estate.Com
Contact Infochris@grecorealestate.com

Listing Map

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