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Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,556 sqft
Price per Sqft $44
Subdivision Stedman Farm
MLS Listing ID B1571772
Sold Date 11/27/24
Bedrooms 6
Full Baths 4
Half Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1938
Annual Tax Amount $2,504
Lot Size 7,440 Sqft
Acres 0.1708
Lot Dimensions 60X124
Property Description
"Fantastic investment opportunity in the City of Niagara Falls! This 4-unit building features two spacious 2-bedroom apartments and two cozy 1-bedroom units, with separate entrances for each. The 1-bedroom units are already occupied by long-term tenants, generating $1,400 monthly, while the 2-bedroom units offer an income potential of $2,000 monthly. With a total expected income of around $3,500 per month, this property is an excellent choice for both seasoned investors and those looking to grow their portfolio. Don't miss out on this high-potential investment!"
Location
State NY
County Niagara
Community Stedman Farm
Area Niagara Falls-City-291100
Direction 19TH ST TO FALLS ST
Rooms
Basement Full
Interior
Heating Gas, Baseboard
Flooring Hardwood, Laminate, Other, See Remarks, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Other, Near Public Transit, Residential Lot, See Remarks
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Aluminum Siding,Other,Steel Siding,See Remarks
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-159-040-0004-027-000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Red Door Real Estate WNY LLC