NOT LISTED FOR SALE
-- Bed
-- Bath
15,608 Sq Ft
8,088 Sq Ft Lot

Last Sold December 23, 2019

Last sale price $465,000 $30 Per Sq Ft

1 Day on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Baseboard Heating
  • Wood Flooring
  • Woodwork
  • Coin Laundry

About This Home

As of December 2019

12 unit apartment building. Vintage 1920's in prestige condition within walking distance to Niagara Falls State Parks and the Rainbow Bridge to Canada. Plenty of parking. Out standing opportunity to be part of Downtown Revitalization as the area beings to grow. Yearly income $98,760, Taxes: $7,776.00, Ins: $4,046, Water & Sewer $6,200.00, Gas: $9,100, Electric: $2,300.00, Trash Service: $540.00, Snow Removal: $300.00 Lawn Service: $ 420.00. Proof of funds or pre approval required to schedule any viewings. 48 Hour notice a must. Walking distance to the Casino, Hospital and City Hall. Within half mile of the recent State purchase of 31 downtown properties for 25 million dollars.

Last Agent to Sell the Property

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 09/30/2019

Howard Hanna WNY Inc.

Last Buyer's Agent

Louis Rizzo

Listing by Howard Hanna WNY Inc. License #30RI0517290 Listed on: 09/30/2019

Howard Hanna WNY Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,705

Year Built

  • Built in 1924

Lot Details

  • 8,088 Sq Ft Lot
  • Lot Dimensions are 99x81
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 15,608 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Driveway

Location

  • Property is near public transit

Schools

  • Niagara Falls High School

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes common area maintenance, heat, hot water, snow removal, trash collection, water
  • Tax Lot 25
  • Assessor Parcel Number 291100-159-022-0002-025-000

Community Details

Overview

  • 12 Units
  • City/Niagara Falls Subdivision

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $50,649
  • Gross Income $98,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,705

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1924
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Lot Features: Corner Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: City/Niagara Falls
  • Directions: Corner of 7th and Walnut Avenue.
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1857
  • Waterfront: No
  • Construction Type: Brick, Stucco, Copper Plumbing
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities, Storage Facilities

Schools

  • Junior High Dist: Niagara Falls
  • Ninth Grade High School: Niagara Falls High

Lot Info

  • Parcel Number: 291100-159-022-0002-025-000
  • Lot Dimensions: 99X81
  • Lot Size Sq Ft: 8088.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 98760.0
  • Annual Operating Expense: 50649.0
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5705.0
  • Tax Lot: 25

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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Sold Price
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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
12/23/2019 12/23/19 Sold $465,000 -6.1% $30 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $495,000 -- $32 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

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 $24,168 $120,000 $2,800 $117,200
2023 $7,168 $120,000 $2,800 $117,200
2022 $3,510 $120,000 $2,800 $117,200
2021 $3,509 $120,000 $2,800 $117,200
2020 $2,329 $120,000 $2,800 $117,200
2019 $2,236 $120,000 $2,800 $117,200
2018 $3,448 $120,000 $2,800 $117,200
2017 $2,236 $120,000 $2,800 $117,200
2016 $4,226 $120,000 $2,800 $117,200
2015 -- $120,000 $2,800 $117,200
2014 -- $120,000 $2,800 $117,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B1229223

Western New York Real Estate Information Services (WNYREIS)