94 Cleveland Avenue Tonawanda NY 14150 | MLS #B1711353

Money Maker! Well-Maintained Four-Unit Apartment Building in the City of Tonawanda. Great investment opportunity in the City of Tonawanda! This well-maintained four-unit apartment building features four, clean & spacious 2-bedroom apartments, a 3-car garage, and off-street parking. Long-term tenants. Each apartment has its own washer and dryer hookups in the basement, along with a private storage room for tenant use. The apartments have separate utilities for gas and electric, with the owner responsible only for water and sewer. All new, updated electrical panel with circuit breakers. Enclosed front & back porch for tenant’s enjoyment. The property features a maintenance-free vinyl exterior, a combination of some newer vinyl replacement windows and storm windows, and some apartments have been painted and refreshed, with new carpeting installed within the past five years. Best of all, the rents are currently below market, providing an excellent opportunity for a new owner to increase rental income and build value. A solid income-producing property with desirable amenities, low-maintenance exterior, separate utilities, ample parking, garage, storage, and significant rental upside. Don’t miss this opportunity to add a strong four-unit property to your investment portfolio!