Tonawanda-Town, NY 14150 2494 Sheridan Drive

Presented By: Amanda L Dopp with Keller Williams Realty WNY;
  • MLS# B1581351
  • 12/30/2024
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  • Beds • 15
  • SQFT • 12,984

Home Details

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.
Presented By: Amanda L Dopp with Keller Williams Realty WNY;

Interior Features for 2494 Sheridan Drive

Bedrooms

Total Bedrooms15

Bathrooms

Main Level Bathrooms0
Total Baths

Other Interior Features

BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringCarpet, Varies
Heating Y/NYes
Laundry FeaturesCoinOperated
Total Fireplaces
Total Stories2

General for 2494 Sheridan Drive

AppliancesDishwasher, GasWaterHeater, Refrigerator
CityTonawanda-Town
Community FeaturesLaundryFacilities
Construction MaterialsBrick
CountyErie
DirectionsNiagara Falls Blvd to Sheridan
Elementary School DistrictKenmore-Tonawanda Union Free District
Exterior FeaturesAwnings, BlacktopDriveway
Garage Spaces0.0
Garage Y/NNo
HeatingGas, Baseboard
High School DistrictKenmore-Tonawanda Union Free District
Lot Size Square Feet18382.0
Lot Size UnitsAcres
MLS AreaTonawanda-Town-146489
Middle/Junior School DistrictKenmore-Tonawanda Union Free District
Number Of Units Total15
OwnerPaysSnowRemoval, Water
PossessionCloseOfEscrow
Property ConditionResale
Property Sub Type AdditionalOther
Property SubtypeOther
Property TypeMultiFamily
Rent IncludesSnowRemoval, Water
RoofAsphalt
School DistrictKenmore-Tonawanda Union Free District
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Tax Annual Amount34982.0
Tax Assessed Value291000
Tax Lot8
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Waterfront Y/NNo
Year Built1966
Year Built DetailsExisting

Exterior for 2494 Sheridan Drive

Building Area Total12984.0
Lot Dimensions131X140
Lot FeaturesNearPublicTransit, Rectangular
Lot Size Acres0.422
Lot Size Area0.422
Parking FeaturesOneSpace, NoGarage
Water SourceConnected, Public

Additional Details

Price History

Mark Siwiec

CEO
Price $2,100,000
MLS#B1581351
List Date 12/30/2024
Property Type Single Family
Phone
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