$250,000
SOLD NOV 27, 2024
6 Beds
4.5 Baths
5,556 Sq Ft
7,440 Sq Ft Lot

Recently Sold

$45 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Baseboard Heating

About This Home

As of November 2024

"Fantastic investment opportunity in the City of Niagara Falls! This 4-unit building features two spacious 2-bedroom apartments and two cozy 1-bedroom units, with separate entrances for each. The 1-bedroom units are already occupied by long-term tenants, generating $1,400 monthly, while the 2-bedroom units offer an income potential of $2,000 monthly. With a total expected income of around $3,500 per month, this property is an excellent choice for both seasoned investors and those looking to grow their portfolio. Don't miss out on this high-potential investment!"

Last Agent to Sell the Property

Awais Rehman

Listing by Red Door Real Estate WNY LLC Brokerage Phone: 917-283-0352 License #10301223794 Listed on: 10/18/2024

Last Buyer's Agent

Awais Rehman

Listing by Red Door Real Estate WNY LLC Brokerage Phone: 917-283-0352 License #10301223794 Listed on: 10/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1938

Lot Details

  • 7,440 Sq Ft Lot
  • Lot Dimensions are 60x124

Home Design

  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 5,556 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 291100-159-040-0004-027-000

Community Details

Overview

  • 4 Units
  • Stedman Farm Subdivision

Building Details

  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,504

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Other, See Remarks
  • Year Built: 1938
  • Attribution Contact: 917-283-0352
  • Lot Features: Other, Near Public Transit, Residential Lot, See Remarks
  • Road Frontage Type: City Street
  • Subdivision Name: Stedman Farm
  • Directions: 19TH ST TO FALLS ST
  • Flooring: Hardwood, Laminate, Other, See Remarks, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1708
  • Waterfront: No
  • Construction Type: Aluminum Siding, Other, Steel Siding, See Remarks

Garage/Parking

  • Parking Features: No Driveway, Other, See Remarks

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Niagara Falls

Lot Info

  • Parcel Number: 291100-159-040-0004-027-000
  • Lot Dimensions: 60X124
  • Lot Size Sq Ft: 7440.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 2504.0
  • Tax Lot: 27

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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

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $250,000 -3.8% $45 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $260,000 +67.7% $47 / Sq Ft
07/05/2023 07/05/23 Sold $155,000 +11.5% $28 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $139,000 +17.8% $25 / Sq Ft
10/14/2019 10/14/19 Sold $118,000 +2.6% $21 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $115,000 -- $21 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1571772

Western New York Real Estate Information Services (WNYREIS)