2 days on Rocket
#B1626296, Vincent A Tortora II, Listing office: Howard Hanna WNY Inc.
$524,999 List price
512 Oliver St North Tonawanda, NY 14120
5 beds
10,503 sqft
0.3 acres
$50 / sqft
House
Property details
About 512 Oliver St
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.
Highlights
Home typeOther
HeatingNatural Gas, Baseboard, Forced Air, Hot Water
StatusActive
Size10,503 sqft
BasementYes
Lot size0.2661 Acres
Year built1935
ParkingOne Space, Driveway, No Garage, Shared Driveway
MLS #B1617424
Summary
- Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Laminate, Varies, Vinyl
- Total Bedroom Count: 5
- Parking: One Space, Driveway, No Garage, Shared Driveway
- Exterior: Blacktop Driveway
- Heating: Natural Gas, Baseboard, Forced Air, Hot Water
- List Price: $524,999
- Price/SqFt: $49
- Annual Tax Amount: $9,485
- Tax Year: 2021
- Lot: Near Public Transit, Rectangular Lot
- Directions: GPS to 510 Oliver St, North Tonawanda.
- Year Built: 1935
- Stories: 2
- Living Area: 10,503 SqFt
- Lot Size: 0.2661 Acres
- MLS Number: B1617424
- MLS Name: NYS
- Office Name: Towne Housing Real Estate
- Office Phone: (646) 377-1087
- Listing Agent: Paul Buttenhoff
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 8/1/2025, 12:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 27, 2019 | Home Sold | $350,000 |
| Apr 26, 2013 | Home Sold | $235,000 |
| Jun 05, 2006 | Home Sold | $210,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $260,000 | $- |
| 2022 | $260,000 | $- |
| 2021 | $260,000 | $9,485 |
| 2020 | $260,000 | $9,485 |
| 2019 | $210,000 | $6,989 |
| 2018 | $210,000 | $6,929 |
| 2017 | $210,000 | $6,826 |
History based on county public records data.
Nearby schools
4
Spruce School
Public District KG-3
1.2 mi
•195 Spruce St
4
Ohio Elementary School
Public District PK-3
2.2 mi
•625 Ohio Ave
3
Drake School
Public District KG-3
2.2 mi
•380 Drake Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,254. Residents of North Tonawanda, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
43%
<35k
46%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
14%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Extreme Sports
Horse Races
Where do the neighbors shop?
Family Dollar
Sam's Club
Stein Mart
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Chevrolet
Oldsmobile
Buick
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 512 Oliver St
The listing price of 512 Oliver St property is $524,999.
The property 512 Oliver St is a house located in North Tonawanda, New York, 14120.
Active Listing: 512 Oliver St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 512 Oliver St are: Spruce School (GreatSchools Rating 4/10), Ohio Elementary School (GreatSchools Rating 4/10), Drake School (GreatSchools Rating 3/10), North Tonawanda Middle School (GreatSchools Rating 5/10), North Tonawanda Intermediate School (GreatSchools Rating 6/10), Veronica E Connor Middle School (GreatSchools Rating 6/10), North Tonawanda High School (GreatSchools Rating 6/10), Tonawanda Middle/High School (GreatSchools Rating 5/10), Grand Island Senior High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2021 is $9,485 (source: MLS/based on county public records data).
The last sale was on December 27, 2019 for $350,000 (source: MLS/tax record).
The property at 512 Oliver St has 5 bedrooms and 0 bathroom.
The property 512 Oliver St is 10,503 SqFt (source: MLS/tax record).
The year of construction for 512 Oliver St is 1935.
This home is located at 512 Oliver St in North Tonawanda, NY and zip code 14120. This 10,503 square foot home, which was built in 1935, sits on a 0.27 acre lot. Features: 5 bedrooms, 0 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $524,999.
In June 2025 more than 23 listings in North Tonawanda, NY were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in North Tonawanda, NY decreased by 3.6% between May and June 2025. While the average time on the market in June 2025 was 11 days, the median list price was $258,461.
From Rocket Homes Real Estate and based on county public records data.