328 Ferry Ave Niagara Falls, NY 14301
East Side NeighborhoodEstimated payment $1,955/month
Highlights
- Property is near public transit
- Forced Air Heating System
- Rectangular Lot
- Wood Flooring
- Garage
About This Home
High Cash-Flow Investment Opportunity – 5 Units on One Lot Near Niagara Falls! Don't miss this exceptional income-producing investment featuring 5 rental units across 2 properties on one lot in one of Niagara Falls' most desirable investment locations. Currently generating $4,850 per month in rental income with reliable, long-term tenants, this property offers immediate cash flow from day one. Ideally situated just a couple of blocks from the world-famous Niagara Falls, the Canadian border crossing, and Seneca Niagara Resort & Casino, this property is positioned in a high-demand rental market with strong long-term appreciation potential. Its prime location provides easy access to tourism, employment, entertainment, and international travel, making it attractive to both tenants and investors alike. Whether you're looking to expand your portfolio or secure a solid cash-flowing asset, this is an opportunity worth considering. The current owner is selling as part of a portfolio upgrade, creating an excellent chance for the next investor to acquire a proven income-producing property. Also listed at MLS#B1692203
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,513
Year Built
- Built in 1919
Lot Details
- 3,036 Sq Ft Lot
- Lot Dimensions are 33x92
- Rectangular Lot
Home Design
- Brick Exterior Construction
- Stucco
Interior Spaces
- 3,948 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
Parking
- Garage
- Parking Available
- On-Street Parking
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 291100-159-029-0001-013-000
Community Details
Overview
- 4 Units
- Mile Reserve Subdivision
Building Details
- 4 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,263 | $65,000 | $1,100 | $63,900 |
| 2024 | $1,263 | $21,700 | $1,100 | $20,600 |
| 2023 | $1,296 | $21,700 | $1,100 | $20,600 |
| 2022 | $635 | $21,700 | $1,100 | $20,600 |
| 2021 | $635 | $21,700 | $1,100 | $20,600 |
| 2020 | $421 | $21,700 | $1,100 | $20,600 |
| 2019 | $404 | $21,700 | $1,100 | $20,600 |
| 2018 | $623 | $21,700 | $1,100 | $20,600 |
| 2017 | $404 | $21,700 | $1,100 | $20,600 |
| 2016 | $1,031 | $21,700 | $1,100 | $20,600 |
| 2015 | -- | $21,700 | $1,100 | $20,600 |
| 2014 | -- | $21,700 | $1,100 | $20,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | Pending | -- | -- | -- | |
| 07/03/2026 07/03/26 | For Sale | $287,500 | +119.5% | $73 / Sq Ft | |
| 10/01/2021 10/01/21 | Sold | $131,000 | -18.1% | $33 / Sq Ft | View Prior Sale |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- | |
| 04/23/2021 04/23/21 | For Sale | $160,000 | -- | $41 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $25,000 | Kamalie Liyanage | |
| Warranty Deed | $25,000 | Stewart Title Insurance Co | |
| Warranty Deed | $30,000 | None Available | |
| Deed | $19,000 | None Available | |
| Deed | $19,000 | Connie Lozinsky | |
| Quit Claim Deed | -- | -- | |
| Deed | $5,100 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $7,000 | Commercial |
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1694741
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