2494 Sheridan Drive
Description
One and two-bedroom apartments with room for upgrades and increased rental income. Building...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.
- Listed by Amanda L Dopp • Keller Williams Realty WNYP: (716)-832-3300 C: (716)-548-6797 amandadopp@kw.com
Property Details for 2494 Sheridan Drive
Property Details for 2494 Sheridan Drive
| Status | Active |
|---|---|
| MLS # | B1581351 |
| Days on Market | 3 |
| Taxes | $34,982 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Other |
| Year Built | 1966 |
| Lot Size | 0.42 AC / 18,382 SF |
| County | Erie County |
Building Information for 2494 Sheridan Drive
Property Information for 2494 Sheridan Drive
- Elementary School District: Kenmore-Tonawanda Union Free District
- High School District: Kenmore-Tonawanda Union Free District
- Middle Or Junior School District: Kenmore-Tonawanda Union Free District
- Village: Not Applicable
- Human YN: Yes
- Garage Spaces per Apt: .00
- Garage YN: No
- Area NYSWIS Code: Tonawanda-Town-146489
- Tax Annual Amount: $34,982.00
- Building Area Source: Public Records
- Building Area Total: 12984.0
- Land Features: Near Public Transit, Rectangular
- Num Of Acres: 0.422
- Lot Size Area: 0.422
- Lot Size Square Feet: 18382.0
- Lot Size Units: Acres
- Parcel Number: 146489-066-360-0006-008-000
- Lot Number: 8
- Property Condition: Resale
- Senior Community YN: No
- Assessed Value: $291,000
- Year Built: 1966
- Year Built Description: Existing
- Property Sub Type Additional: Other
- Sewer Description: Connected
- Utilities Available: Sewer Connected, Water Connected
- Water Supply: Connected, Public
- Community Features: Laundry Facilities
- Construction Materials: Brick
- Exterior Features: Awnings, Blacktop Driveway
- Roof Description: Asphalt
- Appliances: Dishwasher, Gas Water Heater, Refrigerator
- Basement Description: Full
- Basement YN: Yes
- Num Of Possible Bedrooms: 15
- Num Fireplaces Total Calculated: 0
- Fireplace YN: No
- Floor Description: Carpet, Varies
- Heating: Gas, Baseboard
- Heating YN: Yes
- Laundry Features: Coin Operated
- Sq Ft Total: 12984.0
- Main Level Bathrooms: 0
- Number Of Units Total: 15
- Operating Expense Includes: Fuel, Insurance, Snow Removal, Utilities, Water Sewer
- Stories Total: 2
- Rent Includes: Snow Removal, Water
- Lease Amount Per Area Unit: Dollars Per Square Foot
Property History for 2494 Sheridan Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2494 Sheridan Drive
Schools near 2494 Sheridan Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 7 | |||
| Public - | 8 to 12 | |||
| Private - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Thomas A Edison Elementary School PublicK to 4 | ||
Ben Franklin Middle School Public5 to 7 | ||
Kenmore East Senior High School Public8 to 12 | ||
St John The Baptist School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Realty WNY
Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
