Turnkey Two-Unit
5 Twain Court Tonawanda, NY 14150
5 Twain Court, Tonawanda, NY, 14150
$229,000
Pending
For Sale
$229,000
Pending
MULTI_FAMILY - Other - Tonawanda, NY
Property Size1,750 SF
Lot Size0.12 Acres
Days on Market47
Property Features for 5 Twain Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 2
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- Attic
- Exterior features
- EnclosedPorch, FullyFenced, Porch
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 146489-052-820-0002-001-000
- Size
- 1,750 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3374
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1942
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Tile, Varies
- Building materials
- Frame, VinylSiding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agency
Keller Williams Realty WNY
(716) 832-3300
Listed by
Thejan Kodituwakku · License #10401342241
(716) 292-8756
Added: Jun 5 Updated: Jul 18 at 9:55AM Checked: Jul 21 at 8:06AM
MLS# B1688148
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully gut-renovated two-family duplex was rebuilt from top to bottom and completed in 2026. The renovation includes all new plumbing, electrical, roof, windows, drywall, lighting, flooring, kitchens, bathrooms, and finishes throughout both units. Each unit is equipped with a brand new central air conditioning system, and since completion, neither unit has been lived in. Unit 1 offers three bedrooms, including a large first-floor primary bedroom, in-unit laundry, and never-used stainless steel appliances. Unit 2 features two bedrooms all on one level, new appliances, and an included bonus washer and dryer.
The property is located in Tonawanda, directly across from a golf course. Access is convenient to the Thruway, and the home is about a block from shopping, dining, and everyday conveniences. Both units have their own private driveway, private backyard space, and access to a one-car garage.
Designed for straightforward occupancy, this layout supports either an owner-occupant scenario or renting both units. With major systems and finishes replaced and central air added for each unit, the duplex presents as ready for first-time owners or tenants with minimal immediate deferred-maintenance concerns based on the seller’s described scope of work. OPEN SUN 10-12.
The property is located in Tonawanda, directly across from a golf course. Access is convenient to the Thruway, and the home is about a block from shopping, dining, and everyday conveniences. Both units have their own private driveway, private backyard space, and access to a one-car garage.
Designed for straightforward occupancy, this layout supports either an owner-occupant scenario or renting both units. With major systems and finishes replaced and central air added for each unit, the duplex presents as ready for first-time owners or tenants with minimal immediate deferred-maintenance concerns based on the seller’s described scope of work. OPEN SUN 10-12.
Key Highlights
- Fully gut renovated 2‑family home built in 1942, completed in 2026 with no one living in either unit since renovation.
- Renovation completed with new plumbing, electrical, roof, windows, drywall, lighting, flooring, kitchens, and bathrooms throughout.
- Both units have brand new central air and are served by natural gas forced‑air heating; gas water heater included.
Local Financial Insights For Multifamily LT 5
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 | $24.2k | $13.80 |
| − Vacancy | −$8.1k | −$4.61 |
| EGI | $16.1k | $9.19 |
| − OpEx | −$4.8k | −$2.76 |
| NOI | $11.3k | $6.43 |
1,750 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$160.7K
$140.7K – $187.5K
NOI $11,252 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$144.3K
$126.3K – $168.4K
NOI $10,104 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$382.6K
$334.7K – $446.3K
NOI $26,779 @ 7.0% cap · market cap 11.69%
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 - Fully gut-renovated two-family duplex with separate driveways, backyards, and central air for turnkey owner or tenant use.
Where is this duplex located?
The property is located at 5 Twain Court Tonawanda, NY.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Fully gut renovated 2‑family home built in 1942, completed in 2026 with no one living in either unit since renovation.; Renovation completed with new plumbing, electrical, roof, windows, drywall, lighting, flooring, kitchens, and bathrooms throughout.; Both units have brand new central air and are served by natural gas forced‑air heating; gas water heater included.
