169 Parkwood Avenue Tonawanda, NY $ 249,000
169 Parkwood Avenue
$ 249,000
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169 Parkwood Avenue

Tonawanda, NY, 14217
$ 249,000
Bedrooms4 Baths3.0 Sq 1,936

Monthly Estimate*

$ 1,572

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Multi-Family Home for sale in Tonawanda, NY

for $249,000 with 4 bedrooms and 3 full baths. This 1,936 square foot home was built in 1926 on a lot size of 0.0907.

Fully occupied Village of Kenmore triplex generating $33,660 in annual gross rental income with major capital improvements already completed, including a brand new tear off roof installed in June 2026. An outstanding investment opportunity offering immediate cash flow in one of Western New York's most desirable rental markets. All three tenants are currently month to month, providing investors with valuable flexibility while benefiting from an established tenant base. Current rental income totals $2,805 per month ($33,660 annually) with all utilities currently included. The property features 3 spacious apartments. The 1st floor offers 2 separate 1 bedroom units, while the 2nd floor features a generous apartment with a flexible floor plan that can function as either a 1 or 2 bedroom layout, with the additional room currently being used as a playroom. Each unit offers spacious living areas filled with natural light and timeless character, creating long term tenant appeal. Beautiful original woodwork, hardwood flooring, classic architectural details, and generous room sizes showcase the charm expected in a Village of Kenmore property. The lower front apartment enjoys a large covered front porch, while the upper apartment features its own private rear deck, offering desirable outdoor living spaces for tenants. A vinyl sided detached two car garage provides shared off street parking and additional storage. Investors will appreciate the numerous recent improvements, including a brand new tear off roof completed in June 2026, covering both the main roof and rear porch roof. The welcoming front porch was done in 2025, adding to both curb appeal and long term value. Additional improvements include some newer windows throughout the property. Delayed showings begin Thursday, July 9th at the Open House from 5:00 PM to 7:00 PM. Additional Open Houses will be held Saturday, July 11th from 11:00 AM to 1:00 PM and Sunday, July 12th from 1:00 PM to 3:00 PM. Showings will only be doing open houses Negotiations begin Monday, July 13th at 12:00 PM.

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Multi-Family Active

Price

$ 249,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,121

Style

Triplex

Lot Size

0.0907

Year Built

1926

Town/City

Tonawanda

County/Region

Erie

MLS | Web ID

B1695014

Features
Interior
Interior Amenities CeilingFans NaturalWoodwork
Basement Full SumpPump
Flooring Carpet Hardwood Laminate LuxuryVinyl Varies
Total Fireplaces 0
Total Stories 1
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Laundry Features WasherHookup
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 3
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General
Sewer Connected
Heating Gas Radiators
Utilities ElectricityConnected HighSpeedInternetAvailable SewerConnected WaterConnected
Possession CloseOfEscrow SubjectToTenantRights
Roof Architectural Membrane Rubber Shingle
Appliances GasWaterHeater
Garage Spaces 2.0
Patio/Porch Features Covered Deck Open Porch
Architectural Style Triplex
Construction Materials CompositeSiding CopperPlumbing
School District Kenmore-Tonawanda Union Free District
Year Built 1926
Electric CircuitBreakers
Township Kenmore-Village
Property Subtype MultiFamily
County Erie
Property Type Residential
Garage Y/N Yes
Rent Includes Electricity Gardener Heat TrashCollection Water
Full Baths 3
Status Active
Directions Google
High School Kenmore West Senior High
City Tonawanda
Senior Community Y/N No
High School District Kenmore-Tonawanda Union Free District
Number Of Units Total 3
MLS Area Kenmore-Village-146401
Lot Size Units Acres
Lot Size Square Feet 3952.0
Elementary School Charles A Lindbergh Elementary
Year Built Details Existing
Tax Annual Amount 6121.0
Middle/Junior High School Herbert Hoover Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Kenmore-Tonawanda Union Free District
Elementary School District Kenmore-Tonawanda Union Free District
Tax Assessed Value 48300
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 7
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Exterior
Exterior Amenities Deck PrivateYard SeeRemarks
Parking Features Paved TwoOrMoreSpaces
Lot Features NearPublicTransit Rectangular RectangularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.0907
Foundation Details Block
Building Area Total 1936.0
Lot Dimensions 38X104
Lot Size Acres 0.0907
Waterfront Y/N No
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type CityStreet
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Internal Only
Street Number 1 169
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* Excluded Features
List By
Exp Realty

Broker

(716) 946-6969

Phone

Affordability Calculator

$2,082
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$510
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3040824 Elementary School
3038235 Middle School
Kenmore West Senior High High School
Pricing History
DatePricePrice ChangeDescription
7/1/2026$249,000 Listed Price

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169 Parkwood Avenue, Tonawanda, NY, 14217 is a Multi-Family Home for sale at $249,000 with 1,936 sqft and a lot size of 0.0907. 169 Parkwood Avenue has 4 bedrooms, 3.0 baths, and was built in 1926. The property's zip code is 14217 which is in Tonawanda, NY