361 Main St Tonawanda, NY 14150
Estimated payment $1,251/month
Highlights
- Property is near public transit
- Ceramic Tile Flooring
- Laundry Facilities
- Corner Lot
- Forced Air Heating and Cooling System
- High Speed Internet
About This Home
Charming & Updated Triplex in the City of Tonawanda!
Opportunity knocks with this fully updated 3-unit investment property, ideally located on Main Street with easy access to shopping, dining, parks, and the Niagara River. Each of the three 1-bedroom apartments offers clean, comfortable living—perfect for tenants or live-in owners seeking rental income.
Recent updates provide peace of mind and long-term value, including:
* All new furnaces (2024)
* Updated electric boxes (2024)
* Central air conditioning in each unit (added 2024)
* Smart, WiFi-controlled thermostats (added 2024)
* Off-street parking (room for 2 vehicles/unit) + 2 welcoming porches
* Waterproofing of basement in 2023
* On-site laundry - washer and dryer are included
Tenants enjoy modern comforts and separate utilities. Current rents total $1,585/month with room to grow. Whether you're expanding your portfolio or looking to house-hack, this low-maintenance, move-in-ready property offers immediate cash flow and long-term upside.
Don't miss this well-located, turn-key investment in a high-demand rental area!
The listing agent is also the owner.
Listing Agent
Listing by Keller Williams Realty Lancaster Brokerage Phone: 716-290-8718 License #10401389377 Listed on: 07/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,887
Year Built
- Built in 1900
Lot Details
- 4,407 Sq Ft Lot
- Lot Dimensions are 35x122
- Corner Lot
- Rectangular Lot
Home Design
- Triplex
- Block Foundation
- Copper Plumbing
Interior Spaces
- 1,671 Sq Ft Home
- 1-Story Property
- Washer Hookup
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 2 Parking Spaces
- Parking Available
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Energy-Efficient HVAC
- Property is near public transit
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 141600-039-770-0005-001-000
Community Details
Overview
- 3 Units
- Tobias Witmers Map Subdivision
Additional Features
- Laundry Facilities
- 3 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $171,000 | $14,700 | $156,300 |
| 2023 | $2,473 | $171,000 | $14,700 | $156,300 |
| 2022 | $1,824 | $82,000 | $9,400 | $72,600 |
| 2021 | $1,817 | $82,000 | $9,400 | $72,600 |
| 2020 | $1,796 | $82,000 | $9,400 | $72,600 |
| 2019 | $2,700 | $82,000 | $9,400 | $72,600 |
| 2018 | $1,749 | $82,000 | $9,400 | $72,600 |
| 2017 | $363 | $60,000 | $7,100 | $52,900 |
| 2016 | $1,412 | $60,000 | $7,100 | $52,900 |
| 2015 | -- | $60,000 | $7,100 | $52,900 |
| 2014 | -- | $60,000 | $7,100 | $52,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Pending | -- | -- | -- |
| 07/27/2025 07/27/25 | For Sale | $159,900 | +102.4% | $96 / Sq Ft |
| 08/09/2017 08/09/17 | Sold | $79,000 | -6.9% | $47 / Sq Ft |
| 05/09/2017 05/09/17 | Pending | -- | -- | -- |
| 05/03/2017 05/03/17 | For Sale | $84,900 | -- | $51 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $79,000 | None Available | |
| Bargain Sale Deed | $40,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $61,000 | New Conventional | |
| Closed | $59,250 | New Conventional | |
| Previous Owner | $17,140 | New Conventional | |
| Previous Owner | $35,625 | New Conventional | |
| Previous Owner | $32,000 | Purchase Money Mortgage | |
| Previous Owner | $26,700 | Stand Alone Second | |
| Previous Owner | $17,000 | Unknown | |
| Previous Owner | $2,420 | Unknown |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1625907
APN: 141600-039-770-0005-001-000
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