Listing Courtesy of: 716-222-0880 - Aaron Stanley - green home revolution LLC
716-222-0880
$159,900
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823 17th St Niagara Falls, NY 14301
Multi-Family
Residence
5
Beds
3
Baths
...
Bed/Bath
2,829
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Unique Investment Property! This 3-unit multi-family property has two buildings on one lot that totals 2,829 square feet and is located in the Niagara Falls City School District. One building is a stand-alone traditional 2 story home that has 2 bedrooms, 1 bath, a living room, a formal dining room, ...an eat-in kitchen, and a private basement with laundry hookups as well as separate utilities for gas and electricity. The second building houses a 1.5 garage, a 2 bedroom 1 bath apartment as well as a 1 bedroom 1 bath apartment. Each of those apartments have a living room and eat-in kitchen as well as separate electric meters but do share a gas meter and boiler for that building. Looking for investment property? Unit 1 could rent for $900 a month. Unit 2 could rent for $700 a month. Unit 3 could rent for $600 a month. That totals $26,400 annually. After taxes and insurance, that equates to a 13%+ return on investment. The stand-alone 2 story home has a new roof in May 2024. Cash and conventionally financed offers only will be considered at this time.
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MLS#
B1547373
Property Type
Multi-Family
Bedrooms
5
Bathrooms
3 Full
Year Built
1900
Square Feet
2,829
sq. ft
Lot Size
0.12
Sewer
Sewer Connected
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