NOT LISTED FOR SALE

Estimated Value: $109,000 - $144,000

5 Beds
3 Baths
2,264 Sq Ft
$56/Sq Ft Est. Value

Last Sold February 07, 2018

Last sale price $29,500 $13 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $872/month

72 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Patio
  • Fenced Yard
  • Forced Air Cooling System
  • Storage

About This Home

As of February 2018

MUST SEE INVESTORS!!! Come see this SPACIOUS, partial brick 3-unit property in Niagara Falls. This investment has FANTASTIC rental & cash flow potential w/ happy tenants who would like to stay & is priced UNDER MARKET VALUE due to repairs & TLC needed. Upper unit is MOVE-IN READY, to be owner occupied or rented, & has been recently painted. Other updates inclu. vinyl siding, newer electric breakers & some newer windows. Large garage w/ parking & upper level, fenced in yard, separate utilities w/ newer HWTs. This property is conveniently located close to Downtown Niagara Falls, major roadways, suburban centers, schools, shopping & entertainment. This 3-unit is a TURNKEY investment property or perfect for owner occupied buyers who find value in collecting rent to help w/or cover a mortgage!

Last Agent to Sell the Property

Joshua James

Listing by Keller Williams Realty WNY License #10301210944 Listed on: 09/15/2017

Keller Williams Realty WNY

Last Buyer's Agent

Barbara Castillo

Listing by WNY Metro Roberts Realty License #10401243077

WNY Metro Roberts Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,375 Sq Ft Lot
  • Lot Dimensions are 135 x 25
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Partial Copper Plumbing
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near bus stop

Utilities

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

Listing and Financial Details

  • Rent includes refuse removal
  • Tax Lot 43
  • Assessor Parcel Number 291100-159-033-0001-043-000

Community Details

Overview

  • 3 Units
  • Myron H Kinsley Community
  • Myron H Kinsley Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $13,320

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: 38000
  • Foundation Description: Block, Poured
  • Gross Annual Income: 13320
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 135
  • Lot Dimension Front: 25
  • Lot Information: Near Bus Line, Neighborhood Street, Primary Road
  • Lot Number: 43
  • Nearest Cross Street: Ferry Avenue
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 380645.16
  • Ratio Close Price By Sq Ft: 13.03
  • Ratio List Price By Acres: 501935.48
  • Ratio List Price By Sq Ft: 17.18
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal
  • School Tax: 737
  • Sub Board Code: Buffalo
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3375
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: Take Walnut Ave going west from Niagara Falls Blvd. Turn left onto 19th St. Property will be on the left a little past Ferry Ave.
  • Subdivision Comm Complex: Myron H Kinsley
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Storage
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Tile-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Total Sq Ft: 2264

Exterior Features

  • Construction: Brick, Stone, Vinyl
  • Additional Exterior Features: Balcony, Fully Fenced Yard, Patio
  • Number of Acres: 0.0775

Garage/Parking

  • Number of Electric Meters: 3
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 2 or More Spaces, Concrete, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 291100-159-033-0001-043-000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 1748

MLS Schools

  • School District Name: Niagara Falls

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
02/07/2018 02/07/18 Sold $29,500 -24.2% $13 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $38,900 -- $17 / 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 $2,232 $38,000 $2,000 $36,000
2023 $1,478 $38,000 $2,000 $36,000
2022 $1,112 $38,000 $2,000 $36,000
2021 $1,111 $38,000 $2,000 $36,000
2020 $737 $38,000 $2,000 $36,000
2019 $708 $38,000 $2,000 $36,000
2018 $1,092 $38,000 $2,000 $36,000
2017 $708 $38,000 $2,000 $36,000
2016 $1,062 $38,000 $2,000 $36,000
2015 -- $38,000 $2,000 $36,000
2014 -- $38,000 $2,000 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1076221

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-033-0001-043-000