Closed

$510,000

985 Sheridan Dr, Tonawanda, NY 14150

7beds

3,498sqft

Quadruplex, Multi Family

Built in 1970

-- sqft lot

$530,900 Zestimate^®

$146/sqft

$1,617 Estimated rent

Home value

$530,900

$488,000 - $573,000

$1,617/mo

Zestimate^® history

Owner options

List your home for rent

$1,617/mo

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$1,617/mo

Rent Zestimate^®

Refinance and save

$3,523/mo

Est. payment

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$3,523/mo

Est. payment

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What's special

Excellent investment opportunity! This well-maintained, all-brick 4-unit property features three spacious 2-bedroom units and one 1-bedroom unit, making it a fantastic addition to any portfolio. With new carpet and flooring throughout, the interiors are fresh and move-in ready. Tenants will appreciate the on-site coin-operated laundry, ample off-street parking, and included appliances in every unit. The maintenance-free brick exterior ensures low upkeep costs, maximizing your return on investment. Located in a desirable area with strong rental demand, this turnkey property is a rare find. Don’t miss out

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Electric, Baseboard

Appliances

Included: Gas Water Heater

Features

Flooring: Carpet, Varies, Vinyl
Has fireplace: No

Interior area

Total structure area: 3,498
Total interior livable area: 3,498 sqft

Property

Parking

Parking features: Paved, Two or More Spaces

Features

Levels: Two
Stories: 2

Lot

Size: 9,426 Square Feet
Dimensions: 65 x 145
Features: Near Public Transit, Rectangular, Rectangular Lot

Details

Parcel number: 1464890650700003001200
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Fourplex
Property subtype: Quadruplex, Multi Family

Materials

Brick
Foundation: Slab

Condition

Resale
Year built: 1970

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Cable Available, Sewer Connected, Water Connected

Community & HOA

Location

Region: Tonawanda

Financial & listing details

Price per square foot: $146/sqft
Tax assessed value: $98,000
Annual tax amount: $12,150
Date on market: 3/16/2025
Cumulative days on market: 12 days
Listing terms: Cash,Conventional,FHA

Price history

Date	Event	Price
5/28/2025	Sold	$510,000+8.5%$146/sqft
Source: NYSAMLSs #B1592506 Report a problem
3/29/2025	Pending sale	$470,000$134/sqft
Source: NYSAMLSs #B1592506 Report a problem
3/16/2025	Price change	$470,000-6%$134/sqft
Source: NYSAMLSs #B1592506 Report a problem
1/15/2025	Price change	$500,000-17.4%$143/sqft
Source: Owner Report a problem
10/16/2024	Listed for sale	$605,000+101.7%$173/sqft
Source: Owner Report a problem
1/21/2024	Listing removed	--
Source: Zillow Rentals Report a problem
12/9/2023	Listed for rent	$1,200+20%
Source: Zillow Rentals Report a problem
12/13/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
12/8/2021	Listed for rent	$1,000
Source: Zillow Rental Manager Report a problem
9/13/2021	Listing removed	--
Source: NYSAMLSs #B1362799 Report a problem
8/27/2021	Listed for sale	$299,900$86/sqft
Source: NYSAMLSs #B1362799 Report a problem