169 Parkwood Avenue, Tonawanda, NY 14217

• 4 beds |
• 3 baths |
• 1,936 sqft

Property Description

Fully occupied Village of Kenmore triplex generating $33,660 in annual gross rental income with major capital improvements already completed, including a brand new tear off roof installed in June 2026. An outstanding investment opportunity offering immediate cash flow in one of Western New York's most desirable rental markets. All three tenants are currently month to month, providing investors with valuable flexibility while benefiting from an established tenant base. Current rental income totals $2,805 per month ($33,660 annually) with all utilities 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 1 or 2 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, creating long term tenant appeal. Beautiful original woodwork, hardwood flooring, classic architectural details, and generous room sizes showcase the charm expected in a Village of Kenmore property. The lower front apartment enjoys a large covered front porch, while the upper apartment features its own private rear deck, offering desirable outdoor living spaces for tenants. A vinyl sided detached two car garage provides shared off street parking and additional storage. Investors will appreciate the numerous recent 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 done in 2025, adding to both curb appeal and long term value. Additional improvements include some newer windows throughout the property. Delayed showings begin Thursday, July 9th at the Open House from 5:00 PM to 7:00 PM. Additional Open Houses will be held Saturday, July 11th from 11:00 AM to 1:00 PM and Sunday, July 12th from 1:00 PM to 3:00 PM. Showings will only be doing open houses Negotiations begin Monday, July 13th at 12:00 PM.

Listing Status:

Active

Date Added:

June 30, 2026

Data Last Updated:

July 7, 2026 at 3:17PM

Listing Office:

eXp Realty : 888-276-0630

Listing Agent:

Rachele Sutherland : 716-946-6969

MLS ID:

B1695014

Interior

• General: Ceiling Fan(s)Natural Woodwork
• Appliances: Gas Water Heater
• Laundry: Washer Hookup
• Basement: FullSump Pump
• Flooring: CarpetHardwoodLaminateLuxury VinylVaries
• Heating: GasRadiator(s)
• Fireplace: Fireplaces: 0

Exterior

• General: DeckPrivate YardSee Remarks
• Style: Triplex
• Other Structures: PorchDeckCoveredOpen
• Parking: PavedTwo or More Spaces

Construction

• Roofing: ArchitecturalMembraneRubberShingle
• General: Composite SidingCopper Plumbing1Block

Location

• Road/Access: City Street
• Originating MLS: NYS_B
• School District: Kenmore-Tonawanda Union Free District
• County: Erie

Lot

• Zoning: 146401-078-320-0007-007-000

Utilities

• Utilities: Electricity ConnectedHigh Speed Internet AvailableSewer ConnectedWater ConnectedCircuit Breakers
• Water: ConnectedPublic
• Sewer: Connected

Financial

• Source: NYS_B