Two-Unit Residential Income
168 Hawthorne Avenue Tonawanda, NY 14223
168 Hawthorne Avenue, Tonawanda, NY, 14223
$139,900
Pending
For Sale
$139,900
Pending
Two-unit duplex available for sale, requiring a full rehab to support either rental or owner-occupant use.
Property Size2,208 SF
Days on Market71
Property Features for 168 Hawthorne Avenue
General Information
- Standard status
- Pending
- Size
- 2,208 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1956
Listing Agency
HUNT Real Estate Corporation
(716) 417-4755
Listed by
Enas Latif
(716) 417-4755
Source
Xome
Added: May 12 Updated: Jul 10 at 1:48 pm Checked: Jul 20 at 4:34 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HUNT Real Estate Corporation
Investment Insights
Based on property information with market context.
This two-unit residential property offers a duplex-style layout with separate living units, presented as a value-add opportunity for buyers prepared to renovate. The home is described as being in need of a complete rehab, making it well suited for contractors, investors, or owner-occupants looking to customize after renovation.
The property is located at 168 Hawthorne Avenue in Tonawanda, NY. Public remarks indicate it is convenient to local amenities and major routes, which can support everyday access for future residents once improvements are completed.
Because the property is explicitly noted as requiring a complete rehab, prospective buyers should plan for renovation costs and timelines accordingly. The two-unit structure provides flexibility for an owner-occupant plan or a rental-focused approach after renovation, subject to the buyer’s intended use and applicable requirements.
The property is located at 168 Hawthorne Avenue in Tonawanda, NY. Public remarks indicate it is convenient to local amenities and major routes, which can support everyday access for future residents once improvements are completed.
Because the property is explicitly noted as requiring a complete rehab, prospective buyers should plan for renovation costs and timelines accordingly. The two-unit structure provides flexibility for an owner-occupant plan or a rental-focused approach after renovation, subject to the buyer’s intended use and applicable requirements.
Key Highlights
- Two‑unit duplex for sale at 168 Hawthorne, requiring a complete rehab
- Year built 1956
- 3 basement
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.8k | $16.20 |
| − Vacancy | −$12.6k | −$5.70 |
| EGI | $23.2k | $10.50 |
| − OpEx | −$10.4k | −$4.72 |
| NOI | $12.7k | $5.77 |
2,208 SF · lease $16.20/SF/yr · vacancy 35.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$202.8K
$177.5K – $236.6K
NOI $14,197 @ 7.0% cap · market cap 10.15%
Second Best
Apartment 5plus
$182.1K
$159.4K – $212.5K
NOI $12,748 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$482.7K
$422.4K – $563.1K
NOI $33,788 @ 7.0% cap · market cap 24.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex available for sale, requiring a full rehab to support either rental or owner-occupant use.
Where is this duplex located?
The property is located at 168 Hawthorne Avenue Tonawanda, NY.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two‑unit duplex for sale at 168 Hawthorne, requiring a complete rehab; Year built 1956; 3 basement
