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32736080
32735902

177 Henderson Avenue, Tonawanda Town, NY 14217 For Sale

MC
NY NY 10301218830, NC 360675
EXP Commercial - Vega
RR
NY New York
eXp Commercial
Listed by EXP Commercial - Vega, eXp Commercial
$289,900
61 days on market
Updated 50 days ago

177 Henderson Avenue

Details
Property Type Multifamily
Square Footage 1,612
Units 2
NOI $20,327
Occupancy 100%
Tenancy Multi
Acreage 0.130
Investment Type Stabilized

Multifamily | 2 Units

Marketing description

Well-maintained duplex investment opportunity located in the desirable Kenmore submarket of the Buffalo MSA. 177 Henderson Ave consists of approximately 1,612 SF, with two 806 SF residential units featuring separate tenant-paid utilities and functional layouts designed for long-term occupancy.

Both units are occupied and feature updated kitchens and bathrooms, LVT flooring, some carpeted bedroom areas, and vinyl double-hung windows. The property also offers basement storage and laundry hookups for tenants, helping support convenience and tenant retention.

Additional features include a driveway and detached garage, providing valuable off-street parking and storage options. The surrounding neighborhood continues to attract strong rental demand due to its stable residential character, walkability, and convenient proximity to Buffalo-area employment centers, shopping, dining, and local amenities.

Investment highlights

  • Updated kitchens and bathrooms
  • LVT flooring with carpeted bedroom areas
  • Separate tenant-paid utilities
  • Basement storage and laundry hookups
  • Driveway and detached garage
  • Strong rental demand location

Listing Contacts

MC
NY NY 10301218830, NC 360675
EXP Commercial - Vega
RR
NY New York
eXp Commercial
Listed by EXP Commercial - Vega, eXp Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$20,327.00
$1,693.92/mo

Valuation Metrics

0
DSCR
7.01%
Cap Rate
7.01%
ROI

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Additional Information

Name
Michael Conroy
License
NY 10301218830
Brokerage
eXp Commercial
Brokerage Address
165 Broadway
Name
Richard Rock
License
New York
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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