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Karin Morabito

karin@karinmorabitohomes.com +1(585) 290-6410

$ 320,000

Est. payment | -/mo

5 Beds

4,103 SqFt

Save

$ 320,000

Est. payment | -/mo

Save

5 Beds

4,103 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,103 sqft

Price per Sqft $77

Subdivision Mile Reserve

MLS Listing ID B1702201

Bedrooms 5

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,437

Lot Size 3,998 Sqft

Acres 0.0918

Lot Dimensions 40X100

Property Sub-Type Other

Property Description

Great investment opportunity! Well-maintained 5-unit apartment building located close to Niagara University, shopping, restaurants, and other amenities. Conveniently situated just one block from the Amtrak train station. All utilities are separately metered Property features five 1-bedroom units, including two units on the first floor, two units on the second floor, and one unit on the third floor. Rear first-floor unit offers added privacy. Unit #5 features beautiful outside views from the kitchen. Excellent rental potential with strong demand from Niagara University students and long-term tenants. Estimated market rents for the 1-bedroom units are approximately $900-$950 per month $4000 to $4500 Monthly passive income based on current market conditions. Listing agent has ownership interest in the property.

Location

State NY

County Niagara

Community Mile Reserve

Area Niagara Falls-City-291100

Rooms

Basement Full

Interior

Heating Gas, Other, See Remarks, Forced Air

Cooling Other, See Remarks

Flooring Hardwood, Laminate, Other, See Remarks, Varies

Fireplace No

Appliance Gas Water Heater, See Remarks

Exterior

Community Features Other, See Remarks

Utilities Available Sewer Connected, Water Connected

Roof Type Other,Shingle,See Remarks

Garage No

Building

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

Story 3

Sewer Connected

Water Connected, Public

Structure Type Aluminum Siding,Brick,Frame,Other,See Remarks

Construction Status Existing

Schools

School District Niagara Falls

Others

Senior Community No

Tax ID 291100-144-030-0001-024-000

Acceptable Financing Cash, Conventional, Other, See Remarks

Listing Terms Cash, Conventional, Other, See Remarks

Special Listing Condition Standard

Listed by Red Door Real Estate WNY LLC 917-283-0352

NEARBY SCHOOL & BUSINESS

+1(585) 290-6410

karin@karinmorabitohomes.com

333 Metro Park, Rochester, NY 14623, USA

2658 Main ST Niagara Falls, NY 14305