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2494 Sheridan Drive, Tonawanda-Town, NY 14150

For Sale

$2,100,000

15 beds • 12,984 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $161.74
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This well-maintained, 2.5-story brick apartment building offers a fantastic investment opportunity with strong potential for value-add improvements. Located on Sheridan Drive, a major commercial corridor connecting the suburbs of Tonawanda and Amherst, the property features a desirable mix of 11 two-bedroom and 4 one-bedroom apartments, each with spacious layouts and eat-in kitchens. Key Property Highlights: One and two-bedroom apartments with room for upgrades and increased rental income. Building Improvements: Recent updates include newer roofs and windows. Prime Location: Positioned along a high-traffic commercial route with easy access to shopping, dining, and major highways. Strong Upside Potential: Significant opportunity for upgrades to interiors, including kitchen and bathroom enhancements, that can lead to higher rents and increased property value. Low Maintenance: Solid 1966 construction with low-rise apartment style (3 stories total), making for minimal upkeep. No. Units: 15 total (11 two-bedroom, 4 one-bedroom) Unit Features: Air Conditioning Balconies in select units Dishwashers Refrigerators and Ovens Heating and Carpeted Floors Spacious Family Rooms and Freezer Options Bathtub/Shower Combos Site Amenities: 24-Hour Access Controlled Access for added security Don t miss out on this opportunity to acquire a well-located multifamily asset with substantial upside potential. Contact us today to schedule a showing or request additional details!
MLS# B1581351

Courtesy Of Keller Williams Realty Buffalo Northtowns

(716) 832-3300

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Carpet
  • Heating System
    Baseboard
  • Lot Size
    0.42 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 2494 Sheridan Drive, Tonawanda-Town, NY 14150

Home seller CENTURY 21 North East

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North East

(716) 689-4000
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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