2939 Elmwood Avenue, Tonawanda, NY 14217

Property Description

Offers due Tuesday 6/16 at 12pm We have 2 registered offers. Back on the Market! Buyer didn’t close! Opportunity awaits at 2939 Elmwood Ave in Tonawanda, NY, a fully gutted duplex ready for its next owner to complete the finishing touches and unlock its full potential. Major structural and mechanical upgrades have already been completed, saving time and expense for investors, flippers, or owner-occupants looking to customize the final build. Significant improvements include a brand-new roof and vinyl siding, vinyl windows, PEX water lines, new drain lines, and new furnaces with ac with updated ductwork already installed. Situated on a large lot, the property offers additional outdoor space and flexibility for parking or future improvements. For investors seeking scale, this property may also be purchased together with the neighboring eight-unit office building at 2949 Elmwood Ave. When combined, the two parcels provide an extra-large shared parking area, creating excellent mixed-use potential. The location is a standout—directly across from Kenmore Mercy Hospital, ensuring strong long-term demand from medical staff, professionals, and tenants seeking proximity to healthcare and major corridors. Whether you’re a flipper looking to finish a value-add project or a homebuyer wanting to customize a duplex while building equity, this property offers strong upside in a prime location with many major improvements already completed. Subdivision of Duplex Lot Prior to closing, the lot associated with the duplex at 2939 Elmwood Ave may be subdivided, creating a separate parcel from the adjacent property. Details of the final lot size and configuration will be determined through the subdivision process.