Courtesy: Greco Real Estate.Com
716-884-3500
Discover a versatile 5-unit mixed-use building located at 1 Grove in Tonawanda, NY. This property features a well-balanced unit mix including one studio apartment, one one-bedroom unit, and one spacious three-bedroom unit, offering strong residential rental appeal. In addition, the building includes a dedicated commercial office space ideal for small businesses, as well as a garage equipped with its own small office area, which was just recently leased for 2 years, trades. There is also an additional small garage leased out. With multiple income streams and a central location, this property presents an excellent opportunity for investors seeking stability and value-add potential. There is also a gutted unit that is 700 sqft. Buyer would need to pull permit from the city for approval and provide plans for renovation. This unit was not included in the price. Office is listed for lease on MLS under #B1648829.
Courtesy: 716 Realty Group WNY LLC
716-266-6691
Welcome to 49 William Street! A well-known, all-brick landmark situated on the corner of William Street and Fletcher Street, rich with history in the City of Tonawanda. This impressive 13,000-square-foot building is a rare 7-unit property, featuring some of the most desirable apartments in the area. Nearly all units have been thoughtfully renovated, offering exceptional rental appeal and long-term tenant satisfaction. The property includes two 1-bedroom units, three 2-bedroom units, and two 3-bedroom units. One of the 3-bedroom apartments spans three floors of living space and features two full bathrooms, in-unit laundry, and ample rear parking with an additional detached garage. The building has seen extensive upgrades, including a new electrical service, updated plumbing, and a shared laundry room serving six of the units. With New York State investing heavily in local development and the Canal District experiencing rapid growth, this property is ideally positioned in one of Tonawanda’s most promising areas. Combining strong rents, reliable tenants, modern updates, and timeless architectural charm, 49 William Street represents a truly exceptional investment opportunity you won’t want to miss.
Courtesy: Gurney Becker & Bourne
716-849-1234
2473 Elmwood Avenue is a 14-unit apartment complex located in the village of Kenmore at the corner of Elmwood and Westgate. Comprised of 2 brick buildings, the front building is made up of ten 2-bedroom units and the rear building has four 1-bedroom units and eight private garages. The front building has updated windows; the apartments were all updated in 2016/2017 and a new roof in 2018. The rear building was newly updated in 2024 including new wiring and a new roof. Updated electric service with separate meters. Heat is included in the rent; the front building runs on two boilers and the rear building also runs on two boiler. Off street parking for all 14 units. Tonawanda Union Free School District, walking distance to Mang Park and the Village of Kenmore Business District, less than one mile from Target and Tops Super Market.
Tonawanda is located in New York. Tonawanda, New York has a population of 15,132. Tonawanda is more family-centric than the surrounding county with 28.6% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Tonawanda, New York is $56,112. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Tonawanda is 43.6 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 36.7 inches per year, with 84.5 inches of snow per year.
