Two-Unit Duplex with Covered
250 Euclid Ave, Tonawanda, NY 14217
For Sale
$219,999
Two separate living spaces feature hardwood flooring, with a covered porch serving the upper unit.
Property Size1,756 SF
Days on Market11
Property Features for 250 Euclid Ave
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
WNY METRO ROBERTS REALTY
Listed By:
Christopher Ricci · License #10401286662
(716) 880-7022
Source:
Elliman
Added: Oct 29
Changed: Nov 7
Last Checked: Nov 6 at 2:24PM
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 WNY METRO ROBERTS REALTY
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Investment Insights
Based on property information with market context.
Built in 1935, this 1,756-square-foot duplex contains two units. Hardwood flooring runs through both. The lower apartment has two bedrooms, a living room with a fireplace, a dining room, a large kitchen, a full bathroom, and a mudroom. The upper unit has a spacious kitchen, extra storage, and a covered porch; its layout may accommodate two bedrooms.
Outside, the property includes a fenced yard, a garage with a newer door, and a large driveway. A dry basement provides storage and utility space, and the mechanical systems have been updated.
Outside, the property includes a fenced yard, a garage with a newer door, and a large driveway. A dry basement provides storage and utility space, and the mechanical systems have been updated.
Key Highlights
- 1,756‑square‑foot duplex with two units
- Lower unit has two bedrooms and a living room with a fireplace
- Upper unit may offer a two‑bedroom layout and includes a covered porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,291
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,820
$225.8K
Cap Rate 7%
$161,300
$161.3K
Cap Rate 9%
$125,456
$125.5K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$24.2K $13.80/SF
− Vacancy
−$8.1K −$4.61/SF
EGI
$16.1K $9.19/SF
− OpEx
−$4.8K −$2.76/SF
NOI
$11.3K $6.43/SF
Area
Erie County, NY
Vacancy
33.44%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,820
Cap Rate 7%
$161,300
Cap Rate 9%
$125,456
Alternative Uses
Best Use
Multifamily LT 5
$161.3K
$141.1K – $188.2K
NOI $11,291 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$144.8K
$126.7K – $169.0K
NOI $10,139 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$383.9K
$335.9K – $447.9K
NOI $26,871 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
Explore this area
Business Placement
Demographics for 14217, NY
23,085
Population
11,280
Households
2
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
7,214
Density / Sq Mi
$72,205
Median Household Income
$51,075
Median Earnings
$970
Median Rent
$193,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Erie County, NY
Properties on Market for Duplexes in Erie County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living spaces feature hardwood flooring, with a covered porch serving the upper unit.
Where is this duplex located?
The property is located at 250 Euclid Ave Tonawanda, NY.
What is the asking price?
The asking price for this property is $219,999.
What are key features of this property?
This property features: 1,756‑square‑foot duplex with two units; Lower unit has two bedrooms and a living room with a fireplace; Upper unit may offer a two‑bedroom layout and includes a covered porch
