2 Beds
1 Bath
1,058 SqFt
2 Beds
1 Bath
1,058 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,058 sqft
Price per Sqft $75
Subdivision Section 14457
MLS Listing ID B1708551
Style Two Story
Bedrooms 2
Full Baths 1
Construction Status Existing
HOA Y/N No
Year Built 1935
Annual Tax Amount $1,616
Lot Size 4,151 Sqft
Acres 0.0953
Lot Dimensions 34X120
Property Sub-Type Single Family Residence
Property Description
Even more exciting this property may be purchased as part of a Larger 9-unit Real Estate Portfolio! Create & instant Niagara Falls Real Estate portfolio consisting of this property plus: 915 Ferry Ave, 1511 Cleveland (2 units), 1215-15th St, 1526 LaSalle Ave (2 units),1305-15th St, all are are located within the City's AirBnB short term rental zone, offering tremendous potential for an Investor seeking scale in one of Western New York's premier tourism markets. Also included just outside the zone is 1869 Weston Ave. 9 units total, providing an exceptional opportunity to acquire multiple income producing properties in one transaction. Whether purchasing this property individually or assembling the entire portfolio, this a rare opportunity to establish an immediate presence in the Niagara Falls short term-term rental & investment market. Live, invest, operate or build your portfolio-the opportunity is here!!! Long term tenants below market rents presently $65,940.00 per year. Based on estimated current market rents, the same portfolio has the potential to generate approximately $130,200 per year in gross long-term rental income representing approximately $64,260 of additional annual rental income potential through proper rent optimization.
Location
State NY
County Niagara
Community Section 14457
Area Niagara Falls-City-291100
Direction Just off 22nd St between 22nd and 18th.
Rooms
Basement Full
Interior
Interior Features Separate/Formal Dining Room, Eat-in Kitchen, Separate/Formal Living Room
Heating Gas, Forced Air
Flooring Carpet, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Laundry In Basement
Exterior
Exterior Feature Blacktop Driveway
Parking Features Detached
Garage Spaces 2.0
Utilities Available Cable Available, Sewer Connected, Water Connected
Roof Type Asphalt
Garage Yes
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Poured
Sewer Connected
Water Connected, Public
Architectural Style Two Story
Level or Stories Two
Structure Type Cedar,Copper Plumbing
Construction Status Existing
Schools
High Schools Niagara Falls High
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-144-057-0002-062-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
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Company