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.
Property Details
Price:
$169,000
MLS #:
B1565700
Status:
Active
Beds:
5
Baths:
2
Address:
334 Main Street
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Tobias Witmers
Neighborhood:
Tonawanda-City-141600
City:
Tonawanda-City
Listed Date:
Sep 20, 2024
State:
NY
Finished Sq Ft:
2,646
Total Sq Ft:
2,646
ZIP:
14150
Lot Size:
4,558 sqft / 0.10 acres (approx)
Year Built:
1910
Units:
2
See this Listing
Mortgage Calculator
Schools
School District:
Tonawanda City
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Carpet, Laminate, Luxury Vinyl, Varies
Heating
Gas, Forced Air
Laundry Features
Washer Hookup
Exterior
Construction Materials
Composite Siding
Exterior Features
Deck
Parking Features
Other, One Space, See Remarks
Financial
Taxes
$3,502
Map
Community
- Address334 Main Street Tonawanda-City NY
- SubdivisionTobias Witmers
- CityTonawanda-City
- CountyErie
- Zip Code14150
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Listing courtesy of WNY Metro Roberts Realty,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-09-29.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-09-29.
334 Main Street
Tonawanda-City, NY
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