NOT LISTED FOR SALE

Estimated Value: $37,755 - $168,000

7 Beds
3 Baths
2,224 Sq Ft
$50/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $22,000 $10 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $716/month

9 Days on Market

Highlights

  • Property is near a bus stop
  • Baseboard Heating
  • Vinyl Flooring

About This Home

As of December 2018

Outstanding investment opportunity only minutes to Canadian Border, State Parks and the Falls itself. Walking distance to Pine Ave Shopping and conveniences. Near bus routes. Upper unit has been rented to same tenant for the past 45 years. Retired owners have owned the property since 1960 and it is finally time for them to sell. Property needs work cash offers only. Priced far below market value for fast sale. Ideal for the savvy Investor who is handy. Rents have not been increased in years. Each unit offers 2 bedrooms and Separate Utilities. Electric service updated Roof approximately 10 yrs old. Minutes to Casino and Hospital which are largest employers in Niagara Falls ideal pool for potential Tenants. Long term tenants want to stay. 24 hour notice for all showings. Quick Closing.

Last Agent to Sell the Property

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 09/27/2018

Howard Hanna WNY Inc.

Last Buyer's Agent

leo benevento

Listing by No Office Affiliation License #10371200554

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,160 Sq Ft Lot
  • Lot Dimensions are 72 x 30

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Basement Fills Entire Space Under The House

Location

  • Property is near a bus stop

Schools

  • Niagara Falls High School

Utilities

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

Listing and Financial Details

  • Rent includes garage, lawn maintenance, water
  • Tax Lot 8
  • Assessor Parcel Number 291100-159-025-0003-008-000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 45000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 72
  • Lot Dimension Front: 30
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 8
  • Nearest Cross Street: 21st Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 443548.39
  • Ratio Close Price By Sq Ft: 9.89
  • Ratio List Price By Acres: 602822.58
  • Ratio List Price By Sq Ft: 13.44
  • Regional Board Code: Buffalo
  • Rent Includes: Garage, Lawn Maintenance, Water
  • School Tax: 879
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 2160
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Walnut Ave between 20th and 21st.
  • Unit: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some
  • Total Sq Ft: 2224

Exterior Features

  • Construction: Shake Shingle
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0496

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls
  • High School: Niagara Falls High

Lot Info

  • Parcel Number: 291100-159-025-0003-008-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2051

MLS Schools

  • High School Name: Niagara Falls High
  • School District Name: Niagara Falls

Range of Values:

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Sold Price
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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
12/19/2018 12/19/18 Sold $22,000 -26.4% $10 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $29,900 -- $13 / 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 $1,556 $40,000 $1,700 $38,300
2023 $1,556 $40,000 $1,700 $38,300
2022 $1,170 $40,000 $1,700 $38,300
2021 $1,170 $40,000 $1,700 $38,300
2020 $776 $40,000 $1,700 $38,300
2019 $838 $40,000 $1,700 $38,300
2018 $1,293 $45,000 $1,700 $43,300
2017 $838 $45,000 $1,700 $43,300
2016 $1,257 $45,000 $1,700 $43,300
2015 -- $45,000 $1,700 $43,300
2014 -- $45,000 $1,700 $43,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1151064

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-025-0003-008-000