$259,000

320 Fonda Drive, Cheektowaga, NY 14225

  • 5 beds |
  • 2 baths |
  • 1,820 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1952
  • Property Lot Size Icon0.47acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $142/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

SHOWINGS WILL ONLY BE AT THE SCHEDULED OPEN HOUSE- Sunday April 12th 230-430pm. Turnkey, income-producing duplex offering immediate cash flow, strong fundamentals, and long-term stability! Situated on a spacious corner lot totaling approximately 0.47 acres, this well-maintained 2-unit property combines solid financial performance with highly desirable exterior features that attract and retain quality tenants. The property generates $2,150/month in rental income, with the lower 3-bedroom unit renting for $1,250 and the upper 2-bedroom unit for $900 both tenants pay their own utilities, keeping operating expenses low and predictable. The home features a maintenance-free exterior, along with major updates already completed including the roof, windows, and siding~ minimizing future capital expenditures. Additional exterior highlights include a 2-car garage and a double-wide driveway providing ample off-street parking, a key convenience for tenants. Inside, the lower unit offers three bedrooms, one full bath, a spacious living room, and a kitchen with a clean, neutral palette. The upper unit includes two bedrooms, one full bath, a good size living room, and attractive hardwood floors. Both units are equipped with central air and have access to laundry hookups in the basement, adding to tenant comfort and long-term appeal. Located in the desirable Maryvale School District, this property is just minutes from Buffalo Niagara International Airport, major thruways, shopping, dining, and everyday conveniences, making it a consistently attractive rental location with strong occupancy potential. With annual taxes totaling $6,412 and long-term tenants who pay on time and take pride in their units, this is a rare opportunity to acquire a stabilized, low-maintenance asset with dependable income from day one. Delayed Showings Wednesday April 8th 5PM. Negotiations start Monday 4.13 at 12pm

Listing Status:
Pending
Date Added:
April 6, 2026
Data Last Updated:
August 10, 2026 at 3:16PM
Listing Office:
Howard Hanna WNY Inc. : 716-634-4200
Listing Agent:
Tracy Ann Parke Gibas : 716-416-4663
Contact:
716-416-4663
MLS ID:
B1671636
  • General: Ceiling Fan(s)Natural Woodwork
  • Appliances: Gas Water Heater
  • Laundry: Washer Hookup
  • Basement: FullSump Pump
  • Flooring: CarpetHardwoodLaminateTileVaries
  • A/C: Central Air
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Style: Duplex
  • Parking: GaragePavedTwo or More Spaces
  • Roofing: Asphalt
  • General: BrickVinyl SidingCopper Plumbing2Poured
  • Road/Access: City Street
  • Originating MLS: NYS_B
  • School District: Maryvale
  • County: Erie
  • Zoning: 143089-091-150-0006-010-000
  • Utilities: Electricity ConnectedSewer ConnectedWater ConnectedCircuit Breakers
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_B

This listing courtesy of Tracy Ann Parke Gibas , Howard Hanna WNY Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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