Boarding House For Sale--Tonawanda

Listing was updated at: 04/23/2020
Property Overview
Price/Rent PSF $ 175,000.00
Asset Type Residential
Trade Type Lease
SQ. FT. Available INQUIRE
Date Available 03/28/2017
Search Demographic Data



This is a great rental income property. The property is a section 8 approved multi-tenant boarding house with two units, which together offer seven bedrooms to rent, five of which are on the second floor and share a kitchen. In 2009 new garage doors were installed and in 2011 the entire exterior of the property was repainted. In 2016 unit one had new kitchen cabinets installed and unit two had new hard wood floors installed. The house was also section 8 and fire inspected on 8/1/2016. In addition, the first floor can be made into three rooms and the third floor can be made into two rooms, which would add a total of $850 potential rent income to this property. Please see the attached rental income sheet for more details on the income potential of this property. The house is located on Riverdale Road, which is very close to lake Erie and the NYS I-190.