83 Parkwood Avenue, Tonawanda, NY 14217

$695,000
8
BD
7,218
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$695,000
Status
PENDING
MLS#
B1704460
Year Built
1906
Stories
3
Bedrooms
8
Living Area
7,218
Region
Kenmore

Property Description

Exceptional 8-unit investment opportunity spanning four addresses—44 & 42 Myron Avenue and 87 & 83 Parkwood Avenue—located on a prominent corner lot in the highly desirable Village of Kenmore. This well-positioned multifamily property has strong in-place income with excellent long-term upside in one of Western New York's most sought-after rental markets. Just steps from Delaware Avenue, tenants enjoy walkable access to popular restaurants, coffee shops, local boutiques, parks, and everyday conveniences, making this a consistently desirable location for renters. The portfolio has the benefit of eight income-producing units across four adjacent buildings, providing operational efficiencies and diversified rental income. The Village of Kenmore continues to experience strong rental demand, low vacancy rates, and steady appreciation, making this an ideal opportunity for investors seeking reliable cash flow and future growth potential. Additional features include garages, ample off-street parking, and a location that continues to attract long-term tenants. Opportunities to acquire a multifamily portfolio of this size in such a prime Kenmore location are rare. Tax ID: 87 Parkwood: 146401-078-310-0007-022-000 44 Myron: 146401-078-310-0007-023-000 42 Myron: 146401-078-310-0007-024-000 83 Parkwood: the one provided under location All the dimensions, square feet, and lot frontage are added up between all 4 buildings/ properties. Some photos were brightened with AI.

Additional Information

Taxes
$20,488
Exterior Features
Gravel Driveway
School District
Kenmore-Tonawanda Union Free District
Water
Connected, Public
Sewer
Connected

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Greco Real Estate.Com. Contact: chris@grecorealestate.com