Sold

Closed

365 Young Street

Tonawanda - City NY, 14150

$240,000


$72.95 per sqft

Sold

Closed

5 Beds

3 Baths

3,290 sqft

Residential

Built in 1935

Exciting investment venture at 365 Young Street/10 Alexander Avenue! This unique, mixed-use building features 3 units, w possibilities for both investors or owner-occupants. The first floor has a spacious storefront w a half bath, currently used as a photo studio. Generous square footage allows for future uses that could easily include a retail shop, cafe, gallery, or office/meeting/event space. The 2nd floor apartment is a 3 bed, 1 full bath w expansive living space & updated, eat-in kitchen. Tenant vacating 10/31/24, offering the ability for owner-occupancy or the chance to secure your own great tenant. The lower left has a 2-bed, 1-full bath apartment w a convenient, attached 1.5 car garage & open-concept kitchen/living area w newer laminate flooring. The property also features updated vinyl windows throughout, ample off street parking, & green space to the east of the building. Current gross annual income is $27,300, but there's significant room for increased revenue potential. Lower $850/m, upper (vacating) $850/m, storefront $400/m-all month-to-month. Whether you're looking to expand your investment portfolio or find a new place to call home, don't miss this opportunity!

B1569731

MLS ID

October 3, 2024

Listed

December 20, 2024

Updated

Map

365 Young Street
Tonawanda - City NY, 14150

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Appliances

Gas Water Heater


Floor Description

Carpet, Hardwood, Laminate, Varies, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Baseboard, Hot Water, Steam, Wall Furnace

Exterior/Building Features

Lot Size

0.19 Acres


Lot Features

Near Public Transit, Residential Lot


Architectual Style

Triplex


Roof

Asphalt, Shingle


Sewer

Connected

School Information

School District

Tonawanda City


High School

Tonawanda Senior High

Other Property Details

Area Name

Tonawanda-City-141600


Taxes

$4,660


Tax Frequency

Annually


Days on Market

16


Garage

Yes


Garage Spaces

2


Parking

Common, Concrete, Parking Available, Two or More Spaces, Garage


View

No


County

Erie


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No

Listing History

Date

Event

Price

12/20/2024

Sold

$240,000

10/19/2024

Pending

 

Courtesy of Keller Williams Realty WNY, Luigi Rodo

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