VR Pricing. Seller will consider offers between $300,000 and $450,000. ATTENTION INVESTORS: 10% CAP RATE POTENTIAL WHEN FULLY OCCUPIED!! Completely remodeled building has two first floor commercial units and two second floor residential apartments. Each apartment includes two bedrooms, one full bathroom, kitchen, living room, and laundry room. Total rental income has been $4500 per month and tenants are responsible for their individual gas and electric. Every unit was gutted to the studs and redone including but not limited to their insulation, electric, plumbing, drywall, kitchens, and flooring. Property management is in place that can transfer or cancel with the sale. This one's a "no brainer"! Also listed as a commercial property, see MLS B1553495
Closed
$340,000
301 Payne Ave, North Tonawanda, NY 14120
4beds
6,476sqft
Mixed Use, Quadruplex, Multi Family
Built in 1930
-- sqft lot
$362,300 Zestimate®
$53/sqft
$1,304 Estimated rent
Home value
$362,300
$322,000 - $406,000
$1,304/mo
Zestimate® history
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List your homeWhat's special
Laundry roomCompletely remodeled buildingTwo bedrooms
Zillow last checked:
Listing updated:
Listed by:
Vienna Laurendi 716-430-5118,
Howard Hanna WNY Inc
Bought with:
Matthew Gantress, 10401316039
MJ Peterson Real Estate Inc.
Source: NYSAMLSs,MLS#: B1553026
Originating MLS: Buffalo
Originating MLS: BuffaloFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Ductless, Electric, Gas, Forced Air
Cooling
- Ductless
Appliances
- Included: Electric Water Heater, Gas Water Heater
- Laundry: Washer Hookup
Features
- Flooring: Carpet, Laminate, Varies
- Basement: Full,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 6,476
- Total interior livable area: 6,476 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,589 Square Feet
- Dimensions: 44 x 80
- Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 2912001820790001001000
- Zoning description: Residential Multi Use
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Mixed Use, Quadruplex, Multi Family
Materials
- Stone, Vinyl Siding
- Roof: Flat,Membrane,Pitched,Rubber
Condition
- Resale
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Mile Reserve
Location
- Region: North Tonawanda
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $94,000
- Annual tax amount: $5,523
- Date on market: 7/18/2024
- Cumulative days on market: 387 days
- Listing terms: Conventional,Owner Will Carry,Private Financing Available
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Sold | $340,000+13.3%$53/sqft |
Source:  NYSAMLSs #B1553026 Report a problem | ||
| 11/6/2025 | Pending sale | $300,000$46/sqft |
Source: NYSAMLSs #B1553026 Report a problem | ||
| 10/28/2025 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 10/13/2025 | Listed for sale | $300,000$46/sqft |
Source: NYSAMLSs #B1553026 Report a problem | ||
| 10/12/2025 | Pending sale | $300,000$46/sqft |
Source: NYSAMLSs #B1553026 Report a problem | ||
| 10/2/2025 | Listed for rent | $900-25% |
Source: Zillow Rentals Report a problem | ||
| 6/19/2025 | Price change | $300,000-33.3%$46/sqft |
Source: NYSAMLSs #B1553026 Report a problem | ||
| 4/11/2025 | Listed for sale | $450,000+1185.7%$69/sqft |
Source: NYSAMLSs #B1553026 Report a problem | ||
| 3/26/2025 | Sold | $35,000-92.2%$5/sqft |
Source: Public Record Report a problem | ||
| 2/2/2025 | Pending sale | $450,000$69/sqft |
Source: NYSAMLSs #B1553026 Report a problem | ||
| 1/1/2025 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 12/22/2024 | Listed for rent | $1,200+33.3% |
Source: Zillow Rentals Report a problem | ||
| 10/8/2024 | Price change | $450,000-8.2%$69/sqft |
Source: NYSAMLSs #B1553026 Report a problem | ||
| 7/18/2024 | Listed for sale | $490,000$76/sqft |
Source: NYSAMLSs #B1553026 Report a problem | ||
| 7/16/2024 | Listing removed | -- |
Source: NYSAMLSs #B1550732 Report a problem | ||
| 7/10/2024 | Listed for sale | $490,000+48900%$76/sqft |
Source: NYSAMLSs #B1550732 Report a problem | ||
| 6/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/30/2024 | Listed for rent | $900 |
Source: Zillow Rentals Report a problem | ||
| 1/18/2018 | Sold | $1,000-98.8% |
Source: Public Record Report a problem | ||
| 4/9/2002 | Sold | $80,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $134,000 |
| 2024 | -- | $134,000 +42.6% |
| 2023 | -- | $94,000 |
| 2022 | -- | $94,000 |
| 2021 | -- | $94,000 |
| 2020 | -- | $94,000 |
| 2019 | -- | $94,000 |
| 2018 | -- | $94,000 |
| 2017 | $4,246 | $94,000 |
| 2016 | -- | $94,000 |
| 2015 | -- | $94,000 |
| 2014 | -- | $94,000 |
Find assessor info on the county website
Neighborhood: 14120
Nearby homes
- $--4 bd1 ba1.5k sqft301 Payne Ave UNIT 1, North Tonawanda, NY 14120Off Market
- $--2 bd1 ba950 sqft301 Payne Ave #4, North Tonawanda, NY 14120Off Market
- $--2 bd1 ba6.4k sqft301 Payne Ave #3, North Tonawanda, NY 14120Off Market
- $174,800-- bd-- ba1.9k sqft299 Payne Ave, North Tonawanda, NY 14120Off Market
- $277,600-- bd-- ba4k sqft300 Payne Ave, North Tonawanda, NY 14120Off Market
- $128,750-- bd-- ba4k sqft300 Payne Ave, North Tonawanda, NY 14120Off Market
- $128,750-- bd-- ba4k sqft300 Payne Ave, North Tonawanda, NY 14120Off Market
- $34,100-- bd-- ba7.3k sqft285 Schenck St, North Tonawanda, NY 14120Off Market
Nearby schools
GreatSchools rating
- 3/10North Tonawanda Intermediate SchoolGrades: 4-6Distance: 2.3 mi
- 3/10North Tonawanda Middle SchoolGrades: 7-8Distance: 1.3 mi
- 5/10North Tonawanda High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Middle: North Tonawanda Middle
- High: North Tonawanda High
- District: North Tonawanda
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$362,300
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- New York
- Niagara County
- North Tonawanda
- 14120
- 301 Payne Ave
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