CCertihomes
301 Payne Avenue, North Tonawanda, NY 14120

$300,000

0 beds 0 baths 6,476 sqft Built 19303 days on marketActive

About this home

VR Pricing. Seller will consider offers between $300, 000 and $450, 000. ATTENTION INVESTORS: 10% CAP RATE POTENTIAL WHEN FULLY OCCUPIED!! Completely remodeled building has two first floor commercial units and two second floor residential apartments. Each apartment includes two bedrooms, one full bathroom, kitchen, living room, and laundry room. Total rental income has been $4500 per month and tenants are responsible for their individual gas and electric. Every unit was gutted to the studs and redone including but not limited to their insulation, electric, plumbing, drywall, kitchens, and flooring. Property management is in place that can transfer or cancel with the sale. This one's a "no brainer"! Also listed as a 2-4 unit, see MLS B1553026

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$4,705/mo

Real estate (PITI + HOA + PMI)
$3,039
Principal + interest$1,925
Property tax + insurance$1,001
PMI / 2nd mortgage$113
Utilities
$3,366
Heating + cooling$1,529
Internet + TV + phone$142
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$142
$4,705/mo TLC
Budget$5,205/mo
Remaining after TLC$500/mo
Purchase price
$300,000
Down payment
$15,000 (5%)
Loan amount
$285,000
APR
7.15%

Quick facts

Type
Office
Style
Year built
1930
Lot size
0.0824 ac
Stories
2
Heating
Electric, Gas, Other, SeeRemarks, ForcedAir
Cooling
Other, SeeRemarks
Water
Public
HOA
Annual tax
$5,523
MLS #
B1553495
County
Niagara

At a glance

Basement

Home features

Parking
OffSite
Roof
Flat, Membrane, Pitched, Rubber
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Schools

Middle
North Tonawanda Middle
High
North Tonawanda High

Neighborhood — 14120

MetricThis ZIPCountyUSA
Population38,23619,351,094299,088,112
Population Change Since1990-5.00%8.00%20.00%
Population Density1,140395
Male18,6299,381,926147,432,321
Female19,6079,969,168151,655,844
Never Married8,0874,946,39163,775,926
Married17,9027,166,701123,120,365
Separated7471,159,67312,639,686
Widowed2,4051,110,24515,467,586
Divorced2,4731,210,44823,075,029
Number Of House Hold14,6047,102,016111,826,380
Average House Hold Size2.602.642.60
Medial Age39.4336.5335.46
Median House Hold Income$47,037$49,847$48,276
Average House Hold Income$54,460$70,032$63,629
P C I$20,940$26,569$24,529
M D I$40,271$42,210$41,133
A T H E$46,240$54,185$50,898
S T R8.00%4.00%
W C J75.73%81.55%77.74%
(Zip) Code
14120

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 7/19/2024. Provided courtesy of Howard Hanna WNY Inc via Buffalo MLS. Information deemed reliable but not guaranteed.