$65,000
SOLD OCT 4, 2021
-- Bed
-- Bath
2,400 Sq Ft
3,720 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

23% Below List Price

173 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Baseboard Heating
  • Finished Attic
  • Property is near a bus stop

About This Home

As of March 2025

Steps away from propose downtown development site in view of the Casino. Close to State Park and the Canadian border. Priced at $23,300 per unit make this all Brick 3 unit with extra lot 30' x 124' (east side) a great value in today's market place. 3 Separate electric and gas meters, 3 furnaces. 2 updated boilers and a forced air unit. Recent upgraded flooring and freshly painted. Off Street parking, washer and dryer hook ups and separate storage areas for each tenant. Total income of $1,550.00. First and second floor units pay their own gas and electric. Owner pays gas for the 3rd floor unit only and the hot water for the building. Rents include water. Outstanding cash flow and ideal opportunity to build your real estate portfolio in the city of Niagara Falls. Please allow minimum of 24 hour notice for Tenants on any showing request.

Last Agent to Sell the Property

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 02/24/2020

Howard Hanna WNY Inc.

Last Buyer's Agent

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 02/24/2020

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,895

Year Built

  • Built in 1924

Lot Details

  • 3,720 Sq Ft Lot
  • Lot Dimensions are 124 x 60

Parking

  • Dirt Driveway

Home Design

  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,400 Sq Ft Home
  • 2.5-Story Property
  • Basement Fills Entire Space Under The House
  • Finished Attic

Flooring

  • Wood
  • Laminate

Location

  • Property is near a bus stop

Schools

  • Niagara Street Elementary School
  • Charles B Gaskill Middle School
  • Niagara Falls High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes hot water, water
  • Tax Lot 31
  • Assessor Parcel Number 291100-159-040-0004-031-000

Community Details

Overview

  • 3 Units
  • Stedman Farm Community
  • Stedman Farm Subdivision

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,895

Year Built

Built in 1924

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 40400
  • Foundation Description: Stone
  • Gross Annual Income: 18600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 124
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 31
  • Nearest Cross Street: Portage Avenue
  • Number of Stories: 2.5000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 761124.12
  • Ratio Close Price By Sq Ft: 27.08
  • Ratio List Price By Acres: 818501.17
  • Ratio List Price By Sq Ft: 29.13
  • Regional Board Code: Buffalo
  • Rent Includes: Hot Water, Water
  • Roof Description: Asphalt
  • School Tax: 785
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3720
  • Age of Building: 98
  • Year Built: 1924
  • Directions To Property: From Rainbow Bridge stay straight on Main Street to Third (3rd) Street turn right to Niagara Street to John Daly Blvd ( near Casino) turn left onto Falls St. Hyde Park Blvd to Niagara Street to 19th St left to Falls Street turn right
  • Subdivision Comm Complex: Stedman Farm
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1924

Interior Features

  • Additional Interior Features: Copper Plumbing - Some
  • Attic Description: Finished
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some
  • Total Sq Ft: 2400

Exterior Features

  • Construction: Brick
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0854

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces, Dirt

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Electricity
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls
  • Elementary School: Niagara Street
  • Middle School: Charles B Gaskill Middle
  • High School: Niagara Falls High

Lot Info

  • Parcel Number: 291100-159-040-0004-031-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1895

MLS Schools

  • Elementary School Name: Niagara Street
  • High School Name: Niagara Falls High
  • Middle School Name: Charles B Gaskill Middle
  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 25, 2021
Sold by
Fitzpatrick James A and Zhou Zhuying
Bought by
Yim Home Ny Llc
Seller's Agent
Louis Rizzo
Howard Hanna WNY Inc.
Buyer's Agent
Louis Rizzo
Howard Hanna WNY Inc.
List Price
$84,900
Sold Price
$65,000
Premium/Discount to List
-$19,900
-23.44%
Current Estimated Value
$144,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,000
Avg. Annual Appreciation
23.21%

Purchase Details

Listed on
Dec 16, 2013
Closed on
Apr 22, 2014
Sold by
Fusarelli Frank and Fusarelli Geraldine
Bought by
Fitzpatrick James A and Zhou Zhuying
Seller's Agent
Louis Rizzo
Howard Hanna WNY Inc.
Buyer's Agent
Louis Rizzo
Howard Hanna WNY Inc.
List Price
$46,000
Sold Price
$42,000
Premium/Discount to List
-$4,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,000 None Available
Warranty Deed $42,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $137,800 -13.8% $57 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/11/2024 12/11/24 For Sale $159,900 +146.0% $67 / Sq Ft
10/04/2021 10/04/21 Sold $65,000 -7.0% $27 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $69,900 -12.5% $29 / Sq Ft
03/11/2020 03/11/20 Price Changed $79,900 -5.9% $33 / Sq Ft
02/24/2020 02/24/20 For Sale $84,900 +102.1% $35 / Sq Ft
04/24/2014 04/24/14 Sold $42,000 -8.7% $18 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $46,000 -- $19 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,081 $40,400 $2,300 $38,100
2023 $2,081 $40,400 $2,300 $38,100
2022 $1,182 $40,400 $2,300 $38,100
2021 $1,182 $40,400 $2,300 $38,100
2020 $784 $40,400 $2,300 $38,100
2019 $753 $40,400 $2,300 $38,100
2018 $1,161 $40,400 $2,300 $38,100
2017 $753 $40,400 $2,300 $38,100
2016 $1,129 $40,400 $2,300 $38,100
2015 -- $40,400 $2,300 $38,100
2014 -- $40,400 $2,300 $38,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1252309

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-040-0004-031-000