NOT LISTED FOR SALE

Estimated Value: $99,000 - $126,096

5 Beds
2 Baths
1,963 Sq Ft
$56/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $70,000 $36 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $771/month

13 Days on Market

Highlights

  • Full Attic
  • Property is near a bus stop
  • Wall to Wall Carpet
  • Forced Air Cooling System

About This Home

As of June 2023

Handy man special $1,450 monthly rents separate utilities. You will be surprise what some new drywall would add to the value of this incoming producing 2 unit. $17,400 yearly. Upper rents $850 lower: $600 (same Tenant for 20 years). Flippers take a look at this opportunity much potential for high returns. Area of well maintained homes selling for much higher prices. Just outside the short term rental zone but once the City expands that zone this property is in line for that expansion & would be positioned to even higher returns potential in the Air BnB markets.?? Spacious 1st Fl. unit 2 bdrms. Upper 2+ bdrms. Separate utilities with updated mechanics. Off Street parking located off Hyde Park Blvd. Convenient location close to shopping, Golf Course & the Park to enjoy your summertime activities. Just Minutes to the Canadian border & Niagara Falls State Park. Walking distance to stores & restaurants. Many of the windows have been replaced. After 30+ years of ownership the Seller is retiring & offering this property for sale. With minimal cash investment this would be great for the apartment dweller looking to buy their own place or the Investor looking to add to their portfolio.

Last Agent to Sell the Property

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 04/09/2023

Howard Hanna WNY Inc.

Last Buyer's Agent

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 04/09/2023

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 1920

Lot Details

  • 5,900 Sq Ft Lot
  • Lot Dimensions are 118 x 50

Home Design

  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 1,963 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a bus stop

Schools

  • Hyde Park Elementary School
  • Charles B Gaskill Middle School
  • Niagara Falls High School

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 10
  • Assessor Parcel Number 291100-144-042-0003-010-000
  • $180 special tax assessment

Community Details

Overview

  • 2 Units
  • Holland Purchase Community
  • Holland Purchase Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,275

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Special Assessment: 180
  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 43000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 118
  • Lot Dimension Front: 50
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: Hyde Park Blvd
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 516986.71
  • Ratio Close Price By Sq Ft: 35.66
  • Ratio List Price By Acres: 535450.52
  • Ratio List Price By Sq Ft: 36.93
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt
  • School Tax: 841
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5900
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1963
  • Directions To Property: Just off Hyde Park Blvd. across the street from the 7-11 store
  • Sq Ft Total Pub: 1963
  • Subdivision Comm Complex: Holland Purchase
  • Attribution Contact: 716-691-5800
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Total Sq Ft: 1963

Exterior Features

  • Construction: Composition
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.1354

Garage/Parking

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

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

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

Lot Info

  • Parcel Number: 291100-144-042-0003-010-000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2275

MLS Schools

  • Elementary School Name: Hyde Park
  • 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
Apr 9, 2023
Closed on
Jun 12, 2023
Sold by
Terrana Robert
Bought by
The Tran Family Trust
Seller's Agent
Louis Rizzo
Howard Hanna WNY Inc.
Buyer's Agent
Louis Rizzo
Howard Hanna WNY Inc.
List Price
$72,500
Sold Price
$70,000
Premium/Discount to List
-$2,500
-3.45%
Views
72
Current Estimated Value
$110,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,274
Avg. Annual Appreciation
16.55%

Purchase Details

Closed on
Dec 18, 2002
Sold by
Brant Christina E F
Bought by
Robert Terrana
Source: Public Records

Range of Values:

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Average Value
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List Price
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
The Tran Family Trust $70,000 None Available
Robert Terrana $28,000 --
Brant Christina E F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $70,000 -3.4% $36 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/09/2023 04/09/23 For Sale $72,500 -- $37 / 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 $2,044 $43,000 $2,500 $40,500
2023 $2,044 $43,000 $2,500 $40,500
2022 $1,258 $43,000 $2,500 $40,500
2021 $1,258 $43,000 $2,500 $40,500
2020 $834 $43,000 $2,500 $40,500
2019 $801 $43,000 $2,500 $40,500
2018 $1,236 $43,000 $2,500 $40,500
2017 $801 $43,000 $2,500 $40,500
2016 $1,201 $43,000 $2,500 $40,500
2015 -- $43,000 $2,500 $40,500
2014 -- $43,000 $2,500 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1463852

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-144-042-0003-010-000