$74,250
SOLD FEB 13, 2025
5 Beds
-- Bath
4,103 Sq Ft
4,000 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

26% Above List Price

6 Days on Market

Highlights

  • Tile Flooring
  • Rectangular Lot
  • Wood Siding
  • Forced Air Heating System

About This Home

As of February 2025

Located in the heart of Niagara Falls, this 5-unit property presents a fantastic investment opportunity for those willing to put in a little TLC. Each of the five units is a one-bedroom, one-bathroom layout.
While the property requires some updates and renovations, its prime location near the falls, public transit, and local amenities makes it an excellent long-term investment. With a little vision and work, this property has the potential to become a highly desirable multi-family residence or rental income generator. Property being sold as-is

Last Agent to Sell the Property

Joe Andriatch

Listing by Evolve Realty Services License #10311209306 Listed on: 11/20/2024

Last Buyer's Agent

Awais Rehman

Listing by Red Door Real Estate WNY LLC License #10301223794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,437

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Rectangular Lot

Parking

  • No Garage

Home Design

  • Wood Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 5 Bedrooms
  • 4,103 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 24
  • Assessor Parcel Number 291100-144-030-0001-024-000

Community Details

Overview

  • 5 Units
  • Mile Reserve Subdivision

Building Details

  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,437

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Year Built: 1920
  • Lot Features: Rectangular
  • Subdivision Name: Mile Reserve
  • Flooring: Carpet, Tile, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0918
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding, Copper Plumbing

Garage/Parking

  • Parking Features: None, No Driveway, No Garage

Utilities

  • Heating: Gas, Forced Air
  • 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: 291100-144-030-0001-024-000
  • Lot Dimensions: 40X100
  • Lot Size Sq Ft: 4000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 2437.0
  • Tax Lot: 24
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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 List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $74,250 +25.8% $18 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $59,000 -- $14 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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 $2,872 $35,000 $3,000 $32,000
2023 $2,510 $35,000 $3,000 $32,000
2022 $1,024 $35,000 $3,000 $32,000
2021 $1,024 $35,000 $3,000 $32,000
2020 $679 $35,000 $3,000 $32,000
2019 $652 $35,000 $3,000 $32,000
2018 $1,006 $35,000 $3,000 $32,000
2017 $652 $35,000 $3,000 $32,000
2016 $1,233 $35,000 $3,000 $32,000
2015 -- $35,000 $3,000 $32,000
2014 -- $35,000 $3,000 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1578610

Western New York Real Estate Information Services (WNYREIS)