NOT LISTED FOR SALE
-- Bed
-- Bath
5,074 Sq Ft
3,720 Sq Ft Lot

Last Sold May 03, 2021

Last sale price $123,000 $24 Per Sq Ft

50 Days on Market

Highlights

  • Rectangular Lot
  • Wall to Wall Carpet
  • Heating System Uses Gas

About This Home

As of May 2021

Huge 5-Unit Investment Property in Niagara Falls! Located on a quiet neighborhood street, this sale includes a fully functional bar (Marsil's Bar & Grill) since 2003, all the bar equipment are included (coolers are 8 years old). Brick building with full basement AND it comes with a lot next to it that's being used as a parking lot!! PRICED TO SELL!! Showing starts immediately!

Last Agent to Sell the Property

Mustafa Faek

Listing by REMAX North License #10301219018 Listed on: 11/01/2020

REMAX North

Last Buyer's Agent

Mustafa Faek

Listing by REMAX North License #10301219018 Listed on: 11/01/2020

REMAX North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 1935

Lot Details

  • 3,720 Sq Ft Lot
  • Lot Dimensions are 124 x 30
  • Rectangular Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 5,074 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 23
  • Assessor Parcel Number 291100-159-041-0002-023-000

Community Details

Overview

  • 5 Units
  • City/Niagara Falls Community
  • City/Niagara Falls Subdivision

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,913

Year Built

Built in 1935

Lot Details

0

Listing Details

  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 28700
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 124
  • Lot Dimension Front: 30
  • Lot Information: Commercial Zoning
  • Lot Number: 23
  • Lot Shape: Rectangular
  • Nearest Cross Street: 24th Street
  • Number of Stories: 3.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1440281.03
  • Ratio Close Price By Sq Ft: 24.24
  • Ratio List Price By Acres: 1522248.24
  • Ratio List Price By Sq Ft: 25.62
  • Regional Board Code: Buffalo
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 561
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3720
  • Age of Building: 87
  • Year Built: 1935
  • Directions To Property: From 24th st
  • Sq Ft Total Pub: 5074
  • Subdivision Comm Complex: City/Niagara Falls
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1935

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 5074

Exterior Features

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

Garage/Parking

  • Number of Electric Meters: 5
  • Parking Driveway: Parking Area

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Hot Water
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Niagara Falls

Lot Info

  • Parcel Number: 291100-159-041-0002-023-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 5

Tax Info

  • Total Taxes: 1913

MLS Schools

  • School District Name: Niagara Falls

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Mfg Homes Llc
Bought by
Bd Five Star Corporation

Purchase Details

Listed on
Nov 1, 2020
Closed on
Apr 26, 2021
Sold by
Christian Darryl
Bought by
Mfg Homes Llc
Seller's Agent
Mustafa Faek
REMAX North
Buyer's Agent
Mustafa Faek
REMAX North
List Price
$130,000
Sold Price
$123,000
Premium/Discount to List
-$7,000
-5.38%

Purchase Details

Closed on
Feb 14, 2003
Sold by
Wagner Leonard
Bought by
Christian Darryl

Purchase Details

Closed on
Nov 15, 2002
Sold by
Beilein Thomas
Bought by
Wagner Leonard

Purchase Details

Closed on
Apr 16, 2002
Sold by
Procaccini William J
Bought by
Vail Joyanne E

Purchase Details

Closed on
Jun 16, 1997
Sold by
Wagner Leonard C
Bought by
Procaccini William J
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Bd Five Star Corporation $55,000 Stewart Title
Mfg Homes Llc $123,000 None Available
Christian Darryl $27,500 James J Jr Faso
Wagner Leonard $10,000 --
Vail Joyanne E $23,000 Edward P Perlman
Procaccini William J $94,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $123,000 -5.4% $24 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $130,000 -- $26 / 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 $1,120 $28,700 $1,700 $27,000
2023 $1,120 $28,700 $1,700 $27,000
2022 $839 $28,700 $1,700 $27,000
2021 $839 $28,700 $1,700 $27,000
2020 $557 $28,700 $1,700 $27,000
2019 $535 $28,700 $1,700 $27,000
2018 $825 $28,700 $1,700 $27,000
2017 $535 $28,700 $1,700 $27,000
2016 $1,011 $28,700 $1,700 $27,000
2015 -- $28,700 $1,700 $27,000
2014 -- $28,700 $1,700 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1305041

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-041-0002-023-000