Great investment opportunity in the City of Niagara Falls! This 3-unit property at 955 Niagara Ave offers strong potential for both investors and owner-occupants willing to complete renovations. Originally a 4-unit, the two lower-left units were combined, creating a total of 3 units featuring 7 bedrooms and 4 bathrooms. The lower units have been updated and are currently rented, generating $1,200 per month. The upper unit requires full rehab, and the mechanicals need work, making this a true value-add property. The building offers one gas meter, two hot water tanks, and four electric meters/panels. With 5,872 sq ft of living space on a 6,000 sq ft lot, this property has substantial upside. Conveniently located just minutes from Whirlpool St. with access toward Niagara Falls or the Lewiston area. Once improved, this could produce excellent rental income.
Listing By
Agency Name: Red Door Real Estate WNY LLC
Agency Contact: 716-445-1638
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
Estimated Payment
$ 450.08 per month $311.58 Principal & Interest $97.67 Property Tax $40.83 Homeowner's Insurance
955 Niagara Avenue | MLS# B1653895
This multi-family property located at 955 Niagara Avenue, Niagara Falls, NY 14305 is currently listed for sale with an asking price of $140,000. Niagara Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on www.mjpeterson.com today.