Multi Family Four Unit Property 477, 475, 473 & 471 24th Street in Niagara Falls, NY. Current Rents are reduced and still add to $35,000 per year (w Vacant #473/4 bedroom @ assumed at $1k month.) Similar property on the same block just closed for $360,000 with a RR of almost $60k per year. Plenty of “Value Add.” The building consists of two 2 bedroom units and two 4 bedroom units. Each of the four units are metered separately, each having its own private basement and mud room out back. Recent upgrades include a complete renovation of unit #473 including all new flooring, carpet, paint, cabinetry and more. Roof 2022, and all four furnaces have been serviced including new surrounding duct work. Plenty of off street parking in rear of the property. Close to bustling Pine Ave and plenty of shopping. Immediate Income Producer. Showing and Offers begin June 8th, 2024.
Last Agent to Sell the Property
Listing by WNY Metro Roberts Realty Brokerage Phone: (716)471-0020 License #10401324771 Listed on: 06/01/2024
Last Buyer's Agent
NON MLS
Listing by NON MLS
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Flooring
Bedrooms and Bathrooms
Parking
Utilities
Community Details
Listing and Financial Details
$219,900
**Charming Multi-Family Investment Opportunity in Niagara Falls!** Welcome to 412-418 20th Street, a fantastic multi-family property offering four spacious 3-bedroom, 1-bathroom units in the heart of Niagara Falls, NY. This property is perfect for both investors looking to add to their portfolio and homeowners seeking a live-in option with rental income potential. **Key Features:** - **Four
John Stewart Own NY Real Estate LLC
$225,000
Exceptional investment opportunity in Niagara Falls! This multi-unit brick property is located in an Airbnb zoning area, offering great potential as a bed & breakfast or short-term rental. Featuring 10 rooms, 3 bathrooms, and 2 kitchens, the property is currently generating $3,000 in monthly income from 7 rented rooms (5 at $400 each and 2 at $500 each), with 3 additional rooms still available
Awais Rehman Red Door Real Estate WNY LLC
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2024 08/14/24 | Sold | $205,000 | -4.7% | $58 / Sq Ft |
| 06/13/2024 06/13/24 | Pending | -- | -- | -- |
| 06/12/2024 06/12/24 | Price Changed | $215,000 | -6.1% | $61 / Sq Ft |
| 06/06/2024 06/06/24 | For Sale | $229,000 | +554.3% | $64 / Sq Ft |
| 10/24/2012 10/24/12 | Sold | $35,000 | -25.5% | $10 / Sq Ft |
| 07/09/2012 07/09/12 | Pending | -- | -- | -- |
| 05/07/2012 05/07/12 | For Sale | $47,000 | -- | $13 / Sq Ft |
Seller's Agent in 2024
Vincent Ciffa
WNY Metro Roberts Realty
(716) 281-5537
2 in this area
154 Total Sales
N
Buyer's Agent in 2024
NON MLS
NON MLS
D
Seller's Agent in 2012
Douglas Gregory
No Office Affiliation
Buyer's Agent in 2012
Shirley Sinnott
No Office Affiliation
Source: Western New York Real Estate Information Services (WNYREIS)
MLS Number: B1543715
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