UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,480 sqft
Price per Sqft $54
Subdivision Huntington Purchase
MLS Listing ID B1692496
Bedrooms 4
Construction Status Existing
HOA Y/N No
Year Built 1970
Annual Tax Amount $6,253
Lot Size 6,250 Sqft
Acres 0.1435
Lot Dimensions 50X125
Property Sub-Type Other
Property Description
The units have been recently painted and feature newer flooring, making them attractive to tenants. Six separate electric meters allow tenants to pay their own electric, while heat and water are included in the rent. Shared coin-operated laundry on the second floor generates additional income.
Current rents are below market value, providing an excellent opportunity for increased cash flow. There is potential for a 7th unit, adding even more value to this income-producing property.
Ideally located just minutes from Niagara University, Seneca Niagara Casino, Bridges to Canada, and the breathtaking Niagara Gorge with miles of scenic walking and biking trails. A large 6+ car parking area, along with additional street parking, provides ample convenience for tenants.
Whether you're looking to expand your investment portfolio or capitalize on a value-add opportunity, this property offers location, income, and tremendous future potential. This one won't last long!!
Location
State NY
County Niagara
Community Huntington Purchase
Area Niagara Falls-City-291100
Direction Located between Lewiston Rd and Whirlpool St
Rooms
Basement None
Interior
Heating Gas, Baseboard
Cooling Wall Unit(s)
Flooring Carpet, Laminate, Varies
Fireplace No
Appliance Dryer, Free-Standing Range, Gas Water Heater, Oven, Refrigerator, Washer
Laundry Common Area, Coin-operated
Exterior
Exterior Feature Concrete Driveway
Community Features Laundry Facilities
Utilities Available Sewer Connected, Water Connected
Roof Type Shingle
Garage No
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Brick
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-144-005-0001-021-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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