Courtesy: Park Realty of WNY LLC
716-332-3453
Are you looking for an affordable, cash-flowing property in the Historic City of Niagara Falls with an attractive cap rate? This renovated 6-unit building is offering over 8,000 sq ft under one newer roof that provides the scale investors seek in a market known for strong rental demand. Fully occupied currently generating over $67,000 per year in rents. The property features low-maintenance vinyl siding, newer windows, and updated electric service, helping reduce future capital expenses. A full basement and attic offer additional storage or potential for work space, adding further functionality to the investment. Located in one of Western New York’s most historic and recognized cities that is close to the Canadian border. This Niagara Falls property presents a compelling opportunity for investors looking to add size, stability, and value to their portfolio at an affordable price. Seller will provide an income & expense report with proof of funds.
Courtesy: Iconic Real Estate
716-236-7644
Discover the potential of this solid brick mixed-use property on busy Pine Avenue in Niagara Falls, NY. The front retail or office space offers excellent visibility and steady foot traffic, making it ideal for a business looking for strong exposure. Behind the storefront are four residential units, including two studio apartments and two one-bedroom apartments, creating consistent rental income opportunities. 4 units are already rented; total income is $2,650. The 2BD apartment is vacant. This sale also includes the adjacent vacant lot at 2509 Pine Ave (APN 291100-159-026-0001-008-000). The lot offers 40 feet of frontage and 84 feet of depth, totaling 3,360 sq ft, and is paved with blacktop, providing valuable off-street parking and added convenience for both commercial and residential use. With a prime location surrounded by established businesses and local amenities, this property presents a strong investment opportunity for buyers seeking a versatile, income-producing asset in the heart of the Pine Avenue corridor.
Courtesy: Red Door Real Estate WNY LLC
716-299-7171
Great investment opportunity! Well-maintained 5-unit apartment building located close to Niagara University, shopping, restaurants, and other amenities. Conveniently situated just one block from the Amtrak train station. All utilities are separately metered Property features five 1-bedroom units, including two units on the first floor, two units on the second floor, and one unit on the third floor. Rear first-floor unit offers added privacy. Unit #5 features beautiful outside views from the kitchen. Excellent rental potential with strong demand from Niagara University students and long-term tenants. Estimated market rents for the 1-bedroom units are approximately $900-$950 per month $4000 to $4500 Monthly passive income based on current market conditions. Listing agent has ownership interest in the property.
Courtesy: Keller Williams Realty WNY
716-832-3300
ATTENTION INVESTORS!!! Rare investment opportunity in the highly desirable Deveaux area of Niagara Falls. This well-maintained, fully rented, 6-unit apartment building offers immediate cash flow with significant upside potential. The all-brick building features six apartments spread over three floors, with two units on each level. The first floor includes two studio apartments, while the upper floors offer four spacious two-bedroom units. The units have been recently painted and feature newer flooring, making them attractive to tenants. Six separate electric meters allow tenants to pay their own electric, while heat and water are included in the rent. Shared coin-operated laundry on the second floor generates additional income. Current rents are below market value, providing an excellent opportunity for increased cash flow. There is potential for a 7th unit, adding even more value to this income-producing property. Ideally located just minutes from Niagara University, Seneca Niagara Casino, Bridges to Canada, and the breathtaking Niagara Gorge with miles of scenic walking and biking trails. A large 6+ car parking area, along with additional street parking, provides ample convenience for tenants. Whether you're looking to expand your investment portfolio or capitalize on a value-add opportunity, this property offers location, income, and tremendous future potential. This one won't last long!!
Courtesy: HUNT Real Estate ERA
716-694-0400
Seller (s) will entertain offers between $285,000 and $330,000 or higher. All Brick solid 12-unit apartment building on quiet street in Niagara Falls. 10 out of the 12 units are rented for about $650/month and 2 units need cosmetic repair (about $10k per unit) before HUD will start paying rent again. Lots of room to up the rent to make this a big money maker and the seller is very motivated. One set of mechanics in great condition and updated electrical. National Fuel $700/month. National Grid $1000/month. Water $1000/month. Insurance $900/month. Taxes $3700/year. Come take a look at all the potential this has!
Courtesy: Red Door Real Estate WNY LLC
716-768-1177
Introducing a high-performing 10-Unit waterfront apartment complex with 9 garages. 6801 Buffalo Avenue, Niagara Falls was built like a fortress. This all-brick building was originally engineered with concrete floors and steel joists—providing a level of durability and fire safety rarely seen in residential builds and was a previously designated by the City as an emergency fallout shelter. The property features 10 residential units (2 2BR; 2 1BR; 6 Studios) with separate utilities (tenants pay their own gas & electric with the exception of 1 unit). 9 onsite garages are available for parking convenience and additional rental income. Located directly across from the LaSalle Yacht Club, Waterfront Park and the River View Trail, this property provides views of the beautiful Niagara River, the convenience of I-190 access, the proximity to the Canadian border along with notable shopping destinations such as the Niagara Outlets. Highlights: Income: Monthly Income $8,545.00 with potential to go higher. Expenses: Separate utilities (tenants pay gas/electric, except one unit) significantly reduce landlord overhead. Additional Revenue: 9 on-site garages provide substantial additional monthly income beyond residential rents. Location Premium: Minutes from I-190 access, the Canadian border, and the major retail corridors of Military Rd and Niagara Falls Blvd. This helps keep vacancies at a minimum. Add this performing asset to your portfolio for cashflow & pride of ownership.
Courtesy: Deal Realty, Inc.
716-754-3301
Exceptional mixed-use property anchored by 8 income-generating residential apartments, complemented by 2 commercial spaces, delivering multiple streams of stable, diversified income. Located just steps from Niagara Falls State Park and the Rainbow Bridge, this high-visibility asset sits in a premier tourist corridor benefiting from over 14 million annual visitors. The residential component is fully leased & well maintained, featuring separate utilities for all units and on-site parking. The unit mix includes one spacious 3-bedroom, 2-bath apartment with historic charm & private entrances; two 2-bedroom units; five 1-bedroom units, offering strong occupancy appeal & consistent rental demand. Units have been updated with modern kitchens, newer appliances (included), fresh paint & laminate flooring. Additional improvements include newer windows and updated sewer lines. The commercial component provides valuable supplemental income and long-term upside. The lower left unit is occupied by an established tenant and features a Pub with indoor seating, outdoor patio, walk-in cooler and dedicated storage. The second commercial unit offers a flexible, large-format layout with multiple access points, including garage-style entry and delivery access, making it attractive for a variety of uses such as retail, gallery, entertainment, or hospitality concepts. This future space is currently leased and is positioned for a museum/lounge concept, highlighting its adaptability & additional income potential. Both commercial units also have all separate utilities and are designed to support steady tenancy in a high-demand tourism & entertainment district, enhancing overall property cash flow and reducing reliance on a single income source. Surrounded by dining, entertainment, public transportation & year-round attractions, this walkable location supports both residential stability & commercial success. Please note that this property may be eligible for a grant of up to 100k from the City of NF & it may be used towards renovation & acquisition. It is reimbursed & 10% must go towards exterior improvements (signage, landscaping, parking lot improvements etc). Also listed under B1670381.
Niagara Falls is located in New York. Niagara Falls, New York has a population of 48,763. Niagara Falls is less family-centric than the surrounding county with 18.11% of the households containing married families with children. The county average for households married with children is 25.83%.
The median household income in Niagara Falls, New York is $43,336. The median household income for the surrounding county is $60,834 compared to the national median of $69,021. The median age of people living in Niagara Falls is 40.1 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 36.4 inches per year, with 77.6 inches of snow per year.
