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photo 0: 169 Parkwood Avenue, Tonawanda NY 14217
photo 1 : 169 Parkwood Avenue, Tonawanda NY 14217
photo 2 : 169 Parkwood Avenue, Tonawanda NY 14217

Active

169 Parkwood Avenue, Tonawanda NY 14217

MLS# B1695014

$249,000

Price

4

Beds

3

Baths


1,936

Living Area (Sq.Ft.)

0.091

Lot Area (Acres)

Exceptional opportunity in the heart of the Village of Kenmore! This well maintained triplex has historically generated $33,660 in annual gross rental income ($2,805 per month) and now presents an even more versatile opportunity for both investors and owner occupants. The spacious upper apartment, previously rented for $1,330 per month, will be vacant at the end of July, creating the rare opportunity for an owner occupant to move right in or for an investor to establish a new tenant at today's market rental rate while the two first floor apartments continue producing immediate rental income. All utilities are 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 one or two 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. The lower front apartment enjoys a large covered front porch, while the upper apartment features its own private rear deck, offering desirable outdoor living space. A vinyl sided detached two car garage provides shared off street parking and additional storage. Investors will appreciate the numerous recent capital 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 rebuilt in 2025, adding both curb appeal and long term value. Additional improvements include some newer vinyl replacement windows throughout the property, allowing the next owner to focus on maximizing rental potential rather than major deferred maintenance.

Status

Active

Property Type

Residential

Property Sub Type

MultiFamily

Year Built

1926

Parcel Number

146401-078-320-0007-007-000

Unit Number

--

Lot Features

Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Building Area Source

PublicRecords

Lot Size Dimensions

38X104

Bath Rooms Full

3

Property Condition

Resale

Elementary School

Charles A Lindbergh Elementary

Elementary School District

Kenmore-Tonawanda Union Free District

Middle Or Junior School

Herbert Hoover Middle

Middle Or Junior School District

Kenmore-Tonawanda Union Free District

High School

Kenmore West Senior High

High School District

Kenmore-Tonawanda Union Free District

Location

Listing Agent

Rachele Sutherland

Listing Office

eXp Realty

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow,SubjectToTenantRights

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-06-30

Owner Pays

Electricity, Gas, Grounds Care, Heat, Trash Collection, Water

Rent Includes

Electricity, Gardener, Heat, Trash Collection, Water

Fire Places Total

0

Interior Features

Ceiling Fans, Natural Woodwork

Flooring

Carpet, Hardwood, Laminate, Luxury Vinyl, Varies

Laundry Features

Washer Hookup

Heating

true

Heating Features

Gas, Radiators

Appliances

Gas Water Heater

Electric

Circuit Breakers

Garage

true

Garage Spaces

2

Architectural Style

Triplex

Exterior Features

Deck, Private Yard, See Remarks

Water Source

Connected, Public

Sewer

Connected

Roof

Architectural, Membrane, Rubber, Shingle

Utilities

Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Parking Features

Paved, Two Or More Spaces

Foundation Details

Block

Basement

Full, Sump Pump

Construction Materials

Composite Siding, Copper Plumbing

Patio And Porch Features

Covered, Deck, Open, Porch

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Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .

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