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Joe Andriatch

joe@evolve716.com +1(716) 465-8063

$287,500

Est. payment - /mo

7 Beds

5 Baths

3,948 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,948 sqft

Price per Sqft $72

Subdivision Mile Reserve

MLS Listing ID B1694741

Bedrooms 7

Full Baths 4

Half Baths 1

Construction Status Existing

HOA Y/N No

Year Built 1919

Annual Tax Amount $4,513

Lot Size 3,036 Sqft

Acres 0.0697

Lot Dimensions 33X92

Property Sub-Type Multi Family

Property Description

High Cash-Flow Investment Opportunity – 5 Units on One Lot Near Niagara Falls! Don't miss this exceptional income-producing investment featuring 5 rental units across 2 properties on one lot in one of Niagara Falls' most desirable investment locations. Currently generating $4,850 per month in rental income with reliable, long-term tenants, this property offers immediate cash flow from day one. Ideally situated just a couple of blocks from the world-famous Niagara Falls, the Canadian border crossing, and Seneca Niagara Resort & Casino, this property is positioned in a high-demand rental market with strong long-term appreciation potential. Its prime location provides easy access to tourism, employment, entertainment, and international travel, making it attractive to both tenants and investors alike. Whether you're looking to expand your portfolio or secure a solid cash-flowing asset, this is an opportunity worth considering. The current owner is selling as part of a portfolio upgrade, creating an excellent chance for the next investor to acquire a proven income-producing property.

Also listed at MLS#B1692203

Location

State NY

County Niagara

Community Mile Reserve

Area Niagara Falls-City-291100

Direction Ferry Avenue and 4th Street

Rooms

Basement Full

Interior

Heating Gas, Other, See Remarks, Forced Air

Cooling Other, See Remarks

Flooring Carpet, Hardwood, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Brick,Stucco

Construction Status Existing

Schools

School District Niagara Falls

Others

Senior Community No

Tax ID 291100-159-029-0001-013-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Iconic Real Estate

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Joe Andriatch

+1(716) 465-8063

Broker | License ID: 10311209306

Broker License ID: 10311209306

328 Ferry AVE Niagara Falls, NY 14301

Joe Andriatch

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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