BEDS7
BATHS4 full 1 partial
SQUARE FEET3,948
MLS#B1694741
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMile Reserve
SCHOOLNiagara Falls
Property Description
High Cash-Flow Investment Opportunity - 5 Units on One Lot Near Niagara Falls! Don't miss this exceptional income-producing investment featuring 5 rental units across 2 properties on one lot in one of Niagara Falls' most desirable investment locations. Currently generating $4,850 per month in rental income with reliable, long-term tenants, this property offers immediate cash flow from day one. Ideally situated just a couple of blocks from the world-famous Niagara Falls, the Canadian border crossing, and Seneca Niagara Resort & Casino, this property is positioned in a high-demand rental market with strong long-term appreciation potential. Its prime location provides easy access to tourism, employment, entertainment, and international travel, making it attractive to both tenants and investors alike. Whether you're looking to expand your portfolio or secure a solid cash-flowing asset, this is an opportunity worth considering. The current owner is selling as part of a portfolio upgrade, creating an excellent chance for the next investor to acquire a proven income-producing property. Also listed at MLS#B1692203
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Cooling: Other, See Remarks
Heating: Gas, Other, See Remarks, Forced Air
Lot Size: 0.07 Acres
Stories: 2.0
Taxes: $4,513
Year Built: 1919
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 1
Exterior: Brick, Stucco
Flooring: Carpet, Hardwood, Varies, Vinyl
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 33X92
Parcel#: 291100-159-029-0001-013-000
Parking: Concrete, Parking Available, On Street, Garage
Parking Notes: Concrete, Parking Available, On Street, Garage
Sewer: Connected
Units: 5
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Niagara Falls
Listed By / Shown By
Listing By
Agency Name: Iconic Real Estate
Agency Phone: 716-236-7644
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
Estimate Your Payment
Estimated Payment
$ 1,099.79 per month $639.85 Principal & Interest $376.08 Property Tax $83.85 Homeowner's Insurance
328 Ferry Avenue | MLS# B1694741
This multi-family property located at 328 Ferry Avenue, Niagara Falls, NY 14301 is currently listed for sale with an asking price of $287,500. Ferry Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on www.mjpeterson.com today.