CCertihomes
512 Oliver Street, North Tonawanda, NY 14120

$524,999

5 beds 0 baths 10,503 sqft Built 19359 days on marketActive

About this home

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.

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
$8,066/mo

Real estate (PITI + HOA + PMI)
$5,574
Principal + interest$3,369
Property tax + insurance$2,008
PMI / 2nd mortgage$197
Utilities
$5,186
Heating + cooling$2,439
Internet + TV + phone$142
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$142
$8,066/mo TLC
Budget$8,566/mo
Remaining after TLC$500/mo
Purchase price
$524,999
Down payment
$26,250 (5%)
Loan amount
$498,749
APR
7.15%

Quick facts

Type
Other
Style
Year built
1935
Lot size
0.2661 ac
Stories
2
Heating
Gas, Baseboard, ForcedAir, HotWater
Cooling
Water
Connected, Public
HOA
Annual tax
$13,152
MLS #
B1617424
County
Niagara

At a glance

Basement

Home features

Appliances
ElectricOvenElectricRangeGasWaterHeaterRefrigerator
Exterior
BlacktopDriveway
Community
LaundryFacilities
Parking
OneSpaceDrivewayNoGarageSharedDriveway
Flooring
Carpet, Hardwood, Laminate, Varies, Vinyl
Roof
Asphalt, Shingle
Sewer
Connected

Lot features

NearPublicTransit, Rectangular, RectangularLot, ResidentialLot

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 6/23/2025. Provided courtesy of Towne Housing Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.