BEDS10
BATHS4 full
SQUARE FEET5,129
MLS#B1702590
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMile Reserve
SCHOOLNiagara Falls
Property Description
Welcome to an outstanding investment opportunity featuring two residential buildings on one parcel, offering a total of four rental units. The property consists of a side-by-side duplex with two spacious 3-bedroom, 1-bath units, as well as a separate two-family home with two 2-bedroom, 1-bath units. The property is in need of renovation and is priced with its renovation needs in mind, making it an excellent opportunity for investors looking to add value and build long-term equity. This property is being offered for sale by the Niagara Orleans Regional Land Improvement Corporation (NORLIC). All offers must include a development plan addressed to NORLIC outlining the purchaser's relevant experience, proposed scope of work, estimated project costs, and anticipated timeline for completion. A development enforcement mortgage will be required, and the project will be monitored by NORLIC until the approved rehabilitation is complete.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Multiple Heating Units
Lot Size: 0.12 Acres
Stories: 2.0
Taxes: $2,019
Year Built: 1900
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 78
Exterior: Shake Siding, Vinyl Siding
Flooring: Laminate, Varies, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 41X127
Parcel#: 291100-144-048-0002-076-000
Parking: Paved
Parking Notes: Paved
Sewer: Connected
Units: 4
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Niagara Falls
Listed By / Shown By
Listing By
Agency Name: Frontier Realty Group LLC
Agency Phone: 716-215-6525
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
Estimate Your Payment
Estimated Payment
$ 319.03 per month $133.31 Principal & Interest $168.25 Property Tax $17.47 Homeowner's Insurance
1600 Cleveland Avenue | MLS# B1702590
This multi-family property located at 1600 Cleveland Avenue, Niagara Falls, NY 14305 is currently listed for sale with an asking price of $59,900. Cleveland Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on www.mjpeterson.com today.