NOT LISTED FOR SALE

Estimated Value: $133,000 - $204,000

6 Beds
2 Baths
2,235 Sq Ft
$74/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $140,000 $63 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,125/month

17 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Property is near bus stop
  • Full Attic

About This Home

As of July 2021

Rare find spacious two family that features 3 bedrooms and formal dining rooms in each unit . The upper unit is rented to a long term Tenant this wishes to stay and the Lower Unit is rented as a short term vacation rental. Ideal location within walking distance to the oldest State Park in the Country. The majestic beauty of the thundering Falls has attracted visitors from all around the world. The close proximity to the Casino and Memorial Hospital are added bonuses. Short drive to the Rainbow Bridge and Canada. Wise investment for any Real Estate portfolio. Short Term Rental on the first floor is turn key the Seller is leaving it furnished & will train new owner. Travelers from across the world travel to Niagara Falls and many have enjoyed quiet summer time breezes on the open front porch & glazed at the landscaping of their private fenced yard. The 2+ car garage offers off Street parking in addition to more storage space. Walking distance to the Casino & State Park that on a quiet night you can hear the mighty Niagara River as it roars over the Majestic Falls. Close to all City Amenities. Property is located just outside proposed Downtown Development Zone. Future appreciation.

Last Agent to Sell the Property

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 05/13/2021

Howard Hanna WNY Inc.

Last Buyer's Agent

LATRENDA PERRY

Listing by WNY Metro Roberts Realty License #10401333873

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1915

Lot Details

  • 4,092 Sq Ft Lot
  • Lot Dimensions are 132 x 31

Parking

  • 2 Car Garage

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,235 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Location

  • Property is near bus stop

Schools

  • 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, snow removal, water
  • Tax Lot 17
  • Assessor Parcel Number 291100-159-023-0001-017-000

Community Details

Overview

  • 2 Units
  • Mile Reserve Community
  • Mile Reserve Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $5,733
  • Gross Income $19,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,765

Year Built

Built in 1915

Lot Details

4,092 Sq Ft Lot

Listing Details

  • Annual Operating Expenses: 5733
  • NY Swis Code: Niagara Falls-City-291100
  • Total Assessed Value: 36800
  • Foundation Description: Stone
  • Gross Annual Income: 19495
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 31
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 17
  • Nearest Cross Street: Walnut Avenue
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1490947.82
  • Ratio Close Price By Sq Ft: 62.64
  • Ratio List Price By Acres: 1597444.09
  • Ratio List Price By Sq Ft: 67.11
  • Regional Board Code: Buffalo
  • Rent Includes: Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 720
  • Sub Board Code: Buffalo
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4092
  • Age of Building: 107
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 2235
  • Directions To Property: Downtown near Memorial Hospital. Between Walnut and Ferry take Ferry Ave to 12th St it is a one way Street heading North.
  • Sq Ft Total Pub: 2235
  • Subdivision Comm Complex: Mile Reserve
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1915

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Laundry- Separate Hook ups- Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 2235

Exterior Features

  • Construction: Frame
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 0.0939

Garage/Parking

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

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

Lot Info

  • Parcel Number: 291100-159-023-0001-017-000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 1765

MLS Schools

  • 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

Closed on
Sep 8, 2023
Sold by
Islam Amirul
Bought by
Hossain Mohammad
Current Estimated Value
$164,599

Purchase Details

Listed on
Dec 28, 2013
Closed on
Mar 18, 2014
Sold by
Clark Berkey Swank
Bought by
Cooper John A
Seller's Agent
Michael Hooper
Hooper Realty
Buyer's Agent
Michael Hooper
Hooper Realty
List Price
$29,900
Sold Price
$26,000
Premium/Discount to List
-$3,900
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hossain Mohammad $165,000 None Listed On Document
Cooper John A $25,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $140,000 -6.7% $63 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $150,000 +476.9% $67 / Sq Ft
03/31/2014 03/31/14 Sold $26,000 -13.0% $12 / Sq Ft View Prior Sale
12/29/2013 12/29/13 Pending -- -- --
12/28/2013 12/28/13 For Sale $29,900 -- $13 / 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 $2,934 $44,000 $1,900 $42,100
2023 $1,987 $36,800 $1,900 $34,900
2022 $1,076 $36,800 $1,900 $34,900
2021 $1,076 $36,800 $1,900 $34,900
2020 $714 $36,800 $1,900 $34,900
2019 $686 $36,800 $1,900 $34,900
2018 $1,057 $36,800 $1,900 $34,900
2017 $686 $36,800 $1,900 $34,900
2016 $1,028 $36,800 $1,900 $34,900
2015 -- $36,800 $1,900 $34,900
2014 -- $36,800 $1,900 $34,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1334302

Western New York Real Estate Information Services (WNYREIS)

APN: 291100-159-023-0001-017-000

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