4 Beds
3 Baths
4,425 SqFt
4 Beds
3 Baths
4,425 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,425 sqft
Price per Sqft $63
MLS Listing ID B1705969
Bedrooms 4
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1946
Annual Tax Amount $2,338
Lot Size 2,143 Sqft
Acres 0.0492
Lot Dimensions 27X78
Property Sub-Type Multi Family
Property Description
Rare 4-unit mixed use investment opportunity in Niagara Falls, NY This property has a $43,200 annual Rare 4-unit mixed-use Investment! The right investor collects rent payment which yields about 15.3% Cap Rate, before minimal expenses.
The property has been remodeled with new walls, flooring, all new windows. a rubber roof that is 8 years old.
This building was built in 1946 and is all brick and cinder block. The annual property taxes are $2338 and has an attractive $62.67 per square feet.
The building has a two car garage that adds an extra $500 income if you desire to rent.
The smart investor can take advantage of this rare opportunity. The building pays for itself. Owners are retiring. Also listed B1706232.
Location
State NY
County Niagara
Area Niagara Falls-City-291100
Direction Pine Avenue and 21st Street.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Carpet, Hardwood, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Garage Spaces 2.0
Utilities Available High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Membrane,Rubber
Porch Open, Porch
Garage Yes
Building
Lot Description Corner Lot, Rectangular, Rectangular Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Brick,Block,Concrete,Copper Plumbing
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-159-025-0001-012-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS