NOT LISTED FOR SALE
42 Beds
-- Bath
31,464 Sq Ft
0.5 Acres Lot

Sale Details

Date Sold: July 24, 2024

Last sale price $925,000 $29 Per Sq Ft

192 Days on Market

Highlights

  • 0.5 Acre Lot
  • Baseboard Heating
  • Carpet

About This Home

As of July 2024

Opportunity is knocking with this rare 42 unit building in the heart of Niagara Falls! 25 - 1 bed/ 1 bath units. 13 - 2 bed/ 1 bath units and 4 - 3 bed/ 1 bath units. This property needs repairs throughout and is best suited to a cash buyer. There are 4 towers accessible from the interior courtyard. All towers have roof access doors. 3 towers have basement access. Manager's units are accessible on the lower garden level. This property is being sold as-is, where is. The purchaser will be responsible for search, survey, transfer tax and any municipal requirements to close. Don't miss your opportunity to own this massive investment property!

Last Agent to Sell the Property

Ellen Leader

Listing by Keller Williams Realty Brokerage Phone: 716-870-0131 License #10301205516 Listed on: 08/25/2023

Keller Williams Realty

Last Buyer's Agent

Sugath Liyanage

Listing by Pioneer Star Real Estate Inc. License #10301217718

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,691

Year Built

  • Built in 1951

Lot Details

  • 21,780 Sq Ft Lot
  • Lot Dimensions are 165x132

Interior Spaces

  • 42 Bedrooms
  • 31,464 Sq Ft Home
  • 4-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Driveway

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 291100-159-022-0003-052-000

Community Details

Overview

  • 42 Units
  • Mile Reserve Subdivision

Building Details

  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,691

Year Built

Built in 1951

Lot Details

0.5 Acres

Listing Details

  • Property Type: Multi Family
  • Rent Includes: Other, See Remarks
  • Year Built: 1951
  • Attribution Contact: 716-870-0131
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Mile Reserve
  • Directions: 9th St is a one way street. From Walnut, head north on 9th St towards Pine Ave. Property is on the left.
  • Flooring: Carpet, Laminate, Other, See Remarks, Varies, Vinyl
  • Garage Yn: No
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks, Water Heater
  • Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Total Bedrooms: 42
  • Stories: 4
  • Stories: 4

Exterior Features

  • Acres: 0.5
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Exterior Features: Concrete Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Junior High Dist: Niagara Falls

Lot Info

  • Parcel Number: 291100-159-022-0003-052-000
  • Lot Dimensions: 165X132
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 42
  • Number Of Separate Electric Meters: 43
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 13691.0
  • Tax Lot: 52
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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
07/24/2024 07/24/24 Sold $925,000 -26.0% $29 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $1,249,900 0.0% $40 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $1,249,900 0.0% $40 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
12/19/2023 12/19/23 For Sale $1,249,900 0.0% $40 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $1,249,900 +35.1% $40 / Sq Ft
11/24/2023 11/24/23 Off Market $925,000 -- --
10/20/2023 10/20/23 Price Changed $1,249,900 -16.7% $40 / Sq Ft
08/25/2023 08/25/23 For Sale $1,499,900 -- $48 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

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
2025 $11,777 $200,000 $43,600 $156,400
2024 $11,777 $200,000 $43,600 $156,400
2023 $58,714 $200,000 $43,600 $156,400
2022 $5,850 $200,000 $43,600 $156,400
2021 $5,849 $200,000 $43,600 $156,400
2020 $3,881 $200,000 $43,600 $156,400
2019 $3,726 $200,000 $43,600 $156,400
2018 $5,747 $200,000 $43,600 $156,400
2017 $3,726 $200,000 $43,600 $156,400
2016 $7,044 $200,000 $43,600 $156,400
2015 -- $200,000 $43,600 $156,400
2014 -- $200,000 $43,600 $156,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1493785

Chautauqua-Cattaraugus Board of REALTORS®
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