Exciting investment venture at 365 Young Street/10 Alexander Avenue! This unique, mixed-use building features 3 units, w possibilities for both investors or owner-occupants. The first floor has a spacious storefront w a half bath, currently used as a photo studio. Generous square footage allows for future uses that could easily include a retail shop, cafe, gallery, or office/meeting/event space. The 2nd floor apartment is a 3 bed, 1 full bath w expansive living space & updated, eat-in kitchen. Tenant vacating 10/31/24, offering the ability for owner-occupancy or the chance to secure your own great tenant. The lower left has a 2-bed, 1-full bath apartment w a convenient, attached 1.5 car garage & open-concept kitchen/living area w newer laminate flooring. The property also features updated vinyl windows throughout, ample off street parking, & green space to the east of the building. Current gross annual income is $27,300, but there’s significant room for increased revenue potential. Lower $850/m, upper (vacating) $850/m, storefront $400/m-all month-to-month. Whether you're looking to expand your investment portfolio or find a new place to call home, don't miss this opportunity!
365 Young Street, Tonawanda, NY 14150, is a 5 bedroom, 2 bathroom, 3290 sqft. Mixed Use built in 1935.
This property is currently available for sale and was listed on Greater Rochester Association of REALTORS® on 10-3-2024.
The MLS# for this Mixed Use is MLS# B1569731.
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