$10,000

closing credit¹

2494 Sheridan Dr Tonawanda-Town, NY 14150

$2,100,000
15 beds
12,984 sqft
0.4 acres
$162 / sqft
House

Property details

About 2494 Sheridan Dr

This well-maintained, 2.5-story brick apartment building offers a fantastic investment opportunity with strong potential for value-add improvements. Located on Sheridan Drive, a major commercial corridor connecting the suburbs of Tonawanda and Amherst, the property features a desirable mix of 11 two-bedroom and 4 one-bedroom apartments, each with spacious layouts and eat-in kitchens. Key Property Highlights: One and two-bedroom apartments with room for upgrades and increased rental income. Building Improvements: Recent updates include newer roofs and windows. Prime Location: Positioned along a high-traffic commercial route with easy access to shopping, dining, and major highways. Strong Upside Potential: Significant opportunity for upgrades to interiors, including kitchen and bathroom enhancements, that can lead to higher rents and increased property value. Low Maintenance: Solid 1966 construction with low-rise apartment style (3 stories total), making for minimal upkeep. No. Units: 15 total (11 two-bedroom, 4 one-bedroom) Unit Features: Air Conditioning Balconies in select units Dishwashers Refrigerators and Ovens Heating and Carpeted Floors Spacious Family Rooms and Freezer Options Bathtub/Shower Combos Site Amenities: 24-Hour Access Controlled Access for added security Don’t miss out on this opportunity to acquire a well-located multifamily asset with substantial upside potential.

Highlights

Home typeOther
HeatingNatural Gas, Baseboard
StatusActive
Size12,984 sqft
BasementYes
Lot size0.422 Acres
Year built1966
ParkingOne Space, No Garage
MLS #B1581351

Summary

  • MLS Number: B1581351
  • MLS Name: NYS
  • Office Name: Keller Williams Realty WNY
  • Office Phone: (716) 548-6797
  • Listing Agent: Amanda L Dopp

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/10/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$2,100,000

2494 Sheridan Dr

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Thomas A Edison Elementary School

Public District KG-4

0.4 mi

236 Grayton Rd

4

Franklin Elementary School

Public District KG-4

0.7 mi

500 Parkhurst Blvd

4

Hoover Elementary School

Public District KG-4

1.2 mi

199 Thorncliff Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,063. Typical income of Tonawanda-Town, NY residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

29%
<35k
55%
35k-100k
15%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
9%
Single, with Kids
31%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Frequently asked questions

About 2494 Sheridan Dr

This home is located at 2494 Sheridan Dr in Tonawanda-Town, NY and zip code 14150. This 12,984 square foot home, which was built in 1966, sits on a 0.42 acre lot. Features: 15 bedrooms, 0 bathroom. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $2,100,000.

While more than 26 listings in Tonawanda-Town, NY in January 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 9 were sold below. Between December and January 2025, Tonawanda-Town, NY real estate market has seen decrease in the number of listings by 37.7%. In January 2025 median list price was $235,367 and the average listing age was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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