$875,000

Estimated payment $5,394/month

Total Views 8,661
4 Beds
-- Bath
9,240 Sq Ft
$95 Price per Sq Ft

Highlights

  • Property is near public transit
  • Corner Lot
  • Hot Water Heating System
  • Wood Flooring
  • Forced Air Heating System
  • 1-minute walk to Lasalle Waterfront Park

About This Home

Thinking of investing in Niagara Falls? Don’t miss this solid all-brick 10 unit building with separate utilities and nine garages—a rare find! This rock-solid, all-brick 10 unit offers immediate cash flow and long-term upside with separate utilities (tenants pay their own gas and electric, except one unit) and nine rentable garages for additional income. Built with concrete floors and steel joists, this former City-designated Fall Out Shelter is built to last. Located directly across from the LaSalle Yacht Club with upper Niagara River views and just steps from the new LaSalle Waterfront Park & River View Trail connecting to Niagara Falls State Park. Tenants LOVE this location and want to stay! Minutes from the Canadian border, I-190 access, public transit, and all major shopping on Niagara Falls Blvd and Military Rd. Low-maintenance building in a prime location—this is the kind of value-add opportunity investors look for. Total monthly rent is $8545 - financials are available for review. There are three investor open houses: Thursday July 31st 5-7pm, Sunday August 3rd 1-3pm and Saturday August 9th 1-3pm.

Listing Agent

Renee J. Moran

Listing by Red Door Real Estate WNY LLC Brokerage Phone: 716-866-8361 Listed on: 07/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,279

Year Built

  • Built in 1910

Lot Details

  • 10,187 Sq Ft Lot
  • Lot Dimensions are 51x199
  • Corner Lot
  • Rectangular Lot

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4 Bedrooms
  • 9,240 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Ceramic Tile

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Wall Furnace
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 291100-160-019-0001-022-000

Community Details

Overview

  • 10 Units
  • Mile Reserve Subdivision

Building Details

  • 10 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,279

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Hot Water, Parking, Snow Removal, Trash Collection, Water
  • Year Built: 1910
  • Attribution Contact: 716-866-8361
  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
  • Subdivision Name: Mile Reserve
  • Directions: Buffalo Ave and 68th Street near the Grand Island Bridge
  • Flooring: Ceramic Tile, Hardwood, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Range, Gas Water Heater, Oven
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2339
  • Waterfront: No
  • Construction Type: Brick, Other
  • Exterior Features: Gravel Driveway

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: One Space, Driveway, Garage

Utilities

  • Heating: Gas, Forced Air, Hot Water, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Niagara Falls

Lot Info

  • Parcel Number: 291100-160-019-0001-022-000
  • Lot Dimensions: 51X199
  • Lot Size Sq Ft: 10187.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 10
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10

Tax Info

  • Tax Annual Amount: 9279.0
  • Tax Lot: 22

Map

Range of Values:

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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 Change Sq Ft Price
07/25/2025 07/25/25 For Sale $875,000 0.0% $95 / Sq Ft
02/01/2024 02/01/24 Rented $750 -11.8% --
12/27/2023 12/27/23 For Rent $850 +13.3% --
12/04/2023 12/04/23 Rented $750 -6.3% --
11/09/2023 11/09/23 For Rent $800 -5.9% --
07/01/2023 07/01/23 Rented $850 0.0% --
06/30/2023 06/30/23 Under Contract -- -- --
06/28/2023 06/28/23 For Rent $850 -8.1% --
02/15/2023 02/15/23 Rented $925 +15.6% --
01/27/2023 01/27/23 Under Contract -- -- --
01/24/2023 01/24/23 For Rent $800 -13.5% --
01/17/2023 01/17/23 For Rent $925 +15.6% --
12/30/2022 12/30/22 Rented $800 0.0% --
12/13/2022 12/13/22 Under Contract -- -- --
12/06/2022 12/06/22 For Rent $800 0.0% --
04/30/2022 04/30/22 Rented $800 0.0% --
04/26/2022 04/26/22 Under Contract -- -- --
04/22/2022 04/22/22 For Rent $800 +6.7% --
03/01/2022 03/01/22 Rented $750 0.0% --
02/21/2022 02/21/22 Under Contract -- -- --
02/16/2022 02/16/22 For Rent $750 0.0% --
01/19/2022 01/19/22 Sold $650,000 0.0% $70 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $650,000 -- $70 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

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

MLS Number: B1622483

Western New York Real Estate Information Services (WNYREIS)