NOT LISTED FOR SALE
-- Bed
-- Bath
3,638 Sq Ft
0.69 Acres

Last Sold March 08, 2016

Last sale price $140,000 $38 Per Sq Ft

156 Days on Market

Highlights

  • 0.69 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Property is near public transit
  • Tile Flooring
  • Baseboard Heating

About This Home

As of March 2016

Turnkey investment property with endless possibilities in LaSalle area. Formerly a motel now used as 12 studio apartments with many very long term tenants. Very easy to rent at $400/mo. Financial information available. The sale also includes an adjacent lot in the rear addressed as 8832 Point Ave, with a frontage of 85 ft. with the possibility of new construction. Property also has water frontage of 50 ft. on Cayuga Creek.

Last Agent to Sell the Property

Lawrence Mattison

Listing by No Office Affiliation License #10401244645 Listed on: 07/28/2015

Last Buyer's Agent

Enas Latif

Listing by HUNT Real Estate Corporation License #10301216105

HUNT Real Estate Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1950

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 159x203
  • Irregular Lot

Home Design

  • Brick Exterior Construction
  • Copper Plumbing

Interior Spaces

  • 3,638 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Location

  • Property is near public transit

Schools

  • Niagara Falls High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities, common area maintenance, electricity, heat, hot water, snow removal, trash collection, cable TV, water
  • Assessor Parcel Number 291100-161-071-0001-010-000

Community Details

Overview

  • 12 Units
  • Mile Reserve Subdivision

Building Details

  • Operating Expense $23,755
  • Gross Income $59,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Common Area Maintenance, Electricity, Heat, Hot Water, Snow Removal, Trash Collection, Cable TV, Water
  • Year Built: 1950
  • Lot Features: Irregular Lot, Near Public Transit
  • Subdivision Name: MILE RESERVE
  • Directions: Buffalo Avenue near Cayuga Drive
  • Flooring: Carpet, Tile, Varies
  • Garage Yn: No
  • Unit Levels: One
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: None
  • Basement YN: No
  • Stories: 1
  • Stories: 1

Exterior Features

  • Acres: 0.69
  • Waterfront: No
  • Construction Type: Brick, Frame, Copper Plumbing
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway, No Garage

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Baseboard, Electric, Forced Air, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 291100-161-071-0001-010-000
  • Lot Dimensions: 159X203
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 59000.0
  • Annual Operating Expense: 23755.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 3800.0

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
03/08/2016 03/08/16 Sold $140,000 -28.2% $38 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
07/26/2015 07/26/15 For Sale $194,900 -- $54 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: B481400

Western New York Real Estate Information Services (WNYREIS)