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Price $524,999

512 Oliver Street, North Tonawanda, New York 14120, North Tonawanda, New York 14120

  • Bedrooms : 5
  • Square Footage : 10,503 Sqft
  • Visits : 4 in 4 days
$524,999
Features
Heating System :
Gas, Baseboard, Hot Water, Forced Air
Basement :
Full, Walk-out Access
Appliances :
Electric Range, Refrigerator, Electric Oven, Gas Water Heater
Community Features :
Laundry Facilities
Parking Features :
One Space, No Garage, Driveway, Shared Driveway
Pool Expense : $0
Roof :
Asphalt, Shingle
Sewer :
Connected
Address Map
State :
NY
County :
Niagara
City :
North Tonawanda
Zipcode :
14120
Street : 512 Oliver Street, North Tonawanda, New York 14120
Floor Number : 0
Longitude : W79° 7' 18.2''
Latitude : N43° 2' 11''
MLS Addon
Office Name : Towne Housing Real Estate
Association Fee : $0
Bathrooms Total : 0
Building Area : 10,503 Sqft
CableTv Expense : $0
Construction Materials :
Vinyl Siding, Brick
DOM : 1
Electric Expense : $0
Exterior Features :
Blacktop Driveway
Flooring :
Carpet, Hardwood, Laminate, Varies, Vinyl
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash, Conventional
Lot Features :
Rectangular, Residential Lot, Near Public Transit, Rectangular Lot
LotSize Dimensions : 122X95
Maintenance Expense : $0
Parcel Number : 291200-182-061-0002-036-000
Special Listing Conditions :
Standard
Stories Total : 2
Subdivision Name : Mile Reserve
Utilities :
Sewer Connected, Water Connected
AttributionContact : 646-377-1087
Property Description

Prime Mixed-Use Commercial Investment

Seize the opportunity to own a versatile and income-generating property in a high-demand location. This well-positioned mixed-use asset offers:

Established Commercial Tenant: The ground-floor retail space is currently occupied by a long-standing, reputable business—providing immediate, stable income and reducing leasing risk for investors.
Five Residential Units: Thoughtfully designed apartments with contemporary finishes. Several units are currently leased, with strong rental demand offering excellent potential to achieve full occupancy.
Value-Add Upside: With room to optimize residential rents and lease remaining units, this property presents a compelling opportunity for increased cash flow and long-term equity growth.
Strategic Location: Located in a vibrant, transit-accessible area surrounded by retail, dining, and residential development—ideal for both commercial and residential tenants.
Diversified Income Streams: Benefit from a balanced mix of commercial and residential revenue, offering financial stability and resilience.
Fully Tenanted Commercial Space: The commercial unit is leased to a reliable, long-term tenant, making this an ideal hands-off investment with no need for owner occupancy or business setup.

Basic Details
Property Type : Multi Family
Listing Type : For Sale
Listing ID : B1617424
Price : $524,999
Bedrooms : 5
Square Footage : 10,503 Sqft
Year Built : 1935
Lot Area : 11,590 Sqft
Status : Active
Property Sub Type : Other
Agent info
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