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Property Attributes
- MLS#B1513954
- TypeMulti-Family
- CountyNIAGARA
- CityNiagara Falls
- AreaNiagara Falls-City
- NeighborhoodMile Reserve
- Zip14301
- StyleTriplex
- Year Built1900
- Taxes$ 3561
- Price$ 159,900
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2829
- Lot Size0.12 Acres
Data Source:
Central New York Information Services (CNYIS)
Property Description
Unique Investment Property! This 3-unit multi-family property has two buildings on one lot that totals 2,829 square feet and is located in the Niagara Falls City School District. One building is a stand-alone traditional 2 story home that has 2 bedrooms, 1 bath, a living room, a formal dining room, an eat-in kitchen, and a private basement with laundry hookups as well as separate utilities for gas and electricity. The second building houses a 1.5 garage, a 2 bedroom 1 bath apartment as well as a 1 bedroom 1 bath apartment. Each of those apartments have a living room and eat-in kitchen as well as separate electric meters but do share a gas meter and boiler for that building. Looking for investment property? Unit 1 could rent for $900 a month. Unit 2 could rent for $700 a month. Unit 3 could rent for $600 a month. That totals $26,400 annually. After taxes and insurance, that equates to a 13%+ return on investment. The stand-alone 2 story home has a new roof in May 2024. Cash offers only will be considered at this time.
Price History | |
---|---|
12/15/2023 | Listed $159,900 |
General Features
Sewer | Connected |
---|---|
Heating | Gas,Baseboard,ForcedAir,HotWater |
Utilities | CableAvailable,SewerConnected,WaterConnected |
Possession | CloseOfEscrow |
Roof | Asphalt,Shingle |
Appliances | GasWaterHeater |
Exterior Features | Fence |
Garage Spaces | 1.5 |
Architectural Style | Triplex |
Construction Materials | VinylSiding |
Year Built | 1900 |
Township | Not Applicable |
Property SubType | MultiFamily |
OwnerPays | Garage,Heat,TrashCollection,Water |
County | Niagara |
Property Type | Residential |
Subdivision Name | Mile Reserve |
Garage Y/N | Yes |
Rent Includes | Heat,Parking,TrashCollection,Water |
Status | Active |
Directions | From Hyde Park Boulevard and Pine Avenue,drive West on Pine Avenue for 0.9 miles. Turn right on 17th Street and drive 0.2 miles to the destination on your right. |
City | Niagara Falls |
High School District | Niagara Falls |
NumberOfUnitsTotal | 3 |
MLS Area | Niagara Falls-City-291100 |
Lot Size Units | Acres |
Lot Size Square Feet | 5227.0 |
Waterfront Y/N | No |
Year Built Details | Existing |
Tax Annual Amount | 3561.0 |
Property Condition | Resale |
Days on Market | 74 |
Standard Status | Active |
Middle/Junior School District | Niagara Falls |
Elementary School District | Niagara Falls |
Tax Assessed Value | 52000 |
TaxOtherAnnualAssessmentAmount | 0.0 |
Tax Lot | 65 |
Interior Features
Basement | Full,Partial |
---|---|
Flooring | Carpet,Laminate,Varies,Vinyl |
Total Stories | 2 |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 3 |
Total Bedrooms | 5 |
Total Baths | 3 |
Exterior Features
Fencing | Partial |
---|---|
Parking Features | Concrete,ParkingAvailable,OneSpace,OnStreet,Garage |
Lot Features | NearPublicTransit,Rectangular,ResidentialLot |
Water Source | Connected,Public |
Lot Size Area | 0.12 |
Foundation Details | Poured |
Building Area Total | 2829.0 |
Lot Dimensions | 33X156 |
Lot Size Acres | 0.12 |
Number of Separate Gas Meters | 2 |
Number of Separate Electric Meters | 3 |
Road Frontage Type | CityStreet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 14301
In The Neighborhood
Niagara Falls
$ 84,900
- Type
- Multi-Family
- Size
- 2,112 SqFt
- Rooms
- 5 Beds + 2 Baths
Niagara Falls
$ 63,000
- Type
- Multi-Family
- Size
- 1,992 SqFt
- Rooms
- 4 Beds + 2 Baths
Niagara Falls
$ 160,000
- Type
- Multi-Family
- Size
- 1,632 SqFt
- Rooms
- 4 Beds + 2 Baths
Niagara Falls
$ 150,000
- Type
- Multi-Family
- Size
- 1,496 SqFt
- Rooms
- 4 Beds + 2 Baths
North Tonawanda
$ 159,900
- Type
- Multi-Family
- Size
- 1,942 SqFt
- Rooms
- 4 Beds + 2 Baths