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334 Main Street, Tonawanda-City, NY 14150

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For Sale
Sale Pending

$169,000

5 beds • 2 baths • 2,646 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Attached
    Property type

  • $63.87
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# B1565700

Courtesy Of WNY METRO ROBERTS REALTY

(716) 480-3049

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Dock
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Laminate, Vinyl
  • Heating System
    Forced Air
  • Lot Size
    0.1 Acres

Map and Directions

Directions to 334 Main Street, Tonawanda-City, NY 14150

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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