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Property view

334 Main Street, 
Tonawanda, NY 14150

$177,500


5

Beds


2

Baths


2,646

Sq Ft


Multi-Family

Sold

Listed by

Vincent J Ciffa

Bought with Chubb-Aubrey Leonard Real Estate

Wny Metro Roberts Realty

716-875-2211

MLS#

B1565700

Source:

NY GENRIS

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About This Home

334 Main Street

Incredible Opportunity with almost 2,700 square feet of Money Making, Income Potential space! The Three (3) Bedroom Upper Apartment is updated, vacant and turn-key ready. Perfect for Owner Occupied situation and also demands the highest Rental Income for its size, location and finishes. Similar sized (3 bedroom) apartments in the City of Tonawanda are hovering around $1,300 - $1,500 per month. The Lower Two (2) bedroom apartment has a Long Term Tenant that is always current, and would like to stay. Discussions and recent renovations to the lower unit have been made, and dialogue has been started to adjust the current rent of $950 rent closer to market rate. This lower apartment also has an in unit Laundry Room. Rent Role for this property are between $2,500 - $2,800 per month to exceed $30,000 annually. Completely separate entrances allow for plenty of privacy amongst Tenants, large backyard which are helpful in gaining maximum Rental Return. Recent renovations and improvements include; newer furnaces, new roof, metal wrapped windows, drain tile along rear basement wall, HWT, new flooring, both exterior and interior paint, lighting and more.

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1910

Price Summary

169,000

$63 per Sq. Ft.

MLS #:

B1565700

Sold:

November 22, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,646 Sq. Ft.


Structure

Structure

Building Area:

2,646 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

4,556


Finances & Disclosures

Finances

Price:

$169,000

Price per Sq. Ft:

$63 per Sq. Ft.

Source:NY GENRIS
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