301 Payne Avenue North Tonawanda, NY $ 490,000
301 Payne Avenue
$ 490,000
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301 Payne Avenue

North Tonawanda, NY, 14120
$ 490,000
Baths0.0 Sq 6,476

Monthly Estimate*

$ 2,935

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Studio

Commercial Property for sale in North Tonawanda, NY

for $490,000. This 6,476 square foot building was built in 1930 on a lot size of 0.0824.

ATTENTION INVESTORS: 9% 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

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Commercial Active

Price

$ 490,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,523

Style

Office

Lot Size

0.0824

Year Built

1930

Town/City

North Tonawanda

County/Region

Niagara

MLS | Web ID

B1553495

Features
General
Sewer PublicSewer
Heating Electric Gas Other SeeRemarks ForcedAir
Cooling Other SeeRemarks
Utilities SewerConnected WaterConnected
Possession Negotiable
Roof Flat Membrane Pitched Rubber
Zoning Mixed Use
School District North Tonawanda
Year Built 1930
Stories 2
Township Not Applicable
Levels Two
Property SubType Office
County Niagara
Property Type CommercialSale
Subdivision Name Mile Reserve
Possible Use Office Residential Retail Service
Building Features Office Other SeeRemarks
Status Active
Directions Southeast Corner of Schenck and Payne
High School North Tonawanda High
City North Tonawanda
High School District North Tonawanda
Zoning Description Residential Multi Use
NumberOfUnitsTotal 4
MLS Area North Tonawanda-City-291200
Lot Size Units Acres
Lot Size Square Feet 3591.0
Waterfront Y/N No
Year Built Details Existing
Tax Annual Amount 5523.0
Middle/Junior High School North Tonawanda Middle
Property Condition Resale
Lease Considered Y/N No
Days on Market 3
Standard Status Active
Middle/Junior School District North Tonawanda
Elementary School District North Tonawanda
Tax Assessed Value 94000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 1
Property Sub Type Additional Office Retail Apartment MixedUse Commercial
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Interior
Basement Full
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OffSite
Lot Features Rectangular
Water Source Public
Total Parking 0.0
Inclusions Building Only Other - See Remarks
Lot Size Area 0.0824
Number of Buildings 1
Building Area Total 6476.0
Lot Dimensions 44X80
Lot Size Acres 0.0824
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Internal Only
Street Number 1 301
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* Excluded Features
List By
Howard Hanna Wny Inc

Broker

(716) 430-5118

Phone

Affordability Calculator

$3,395
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,935
Monthly Property Taxes
$460
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3038268 Elementary School
3040650 Middle School
North Tonawanda High High School
Pricing History
DatePricePrice ChangeDescription
7/19/2024$490,000 Listed Price

Map


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301 Payne Avenue, North Tonawanda, NY, 14120 is a Commercial Property for sale at $490,000 with 6,476 sqft and a lot size of 0.0824. 301 Payne Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 14120 which is in North Tonawanda, NY