1655 South AVE Niagara Falls, NY 14305
4 Beds
2 Baths
1,804 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,804 sqft
Price per Sqft $55
Subdivision Section 14456
MLS Listing ID B1670800
Style Duplex
Bedrooms 4
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,102
Lot Size 3,841 Sqft
Acres 0.0882
Lot Dimensions 32X120
Property Sub-Type Multi Family
Property Description
Discover immediate income with this fully rented duplex, generating $21,600 gross annual income ($900/month upper unit, $900/month lower unit), separate utilities with tenants covering gas/electric, with an amazing CAP rate of 16% (self managed, or 13.9% with a property manager).
Each 2-bed/1-bath unit features month-to-month leases for flexibility, newer roof, full unfinished basement for storage/value-add, shared driveway with back parking, 2 water heaters (one from 2021), 2 furnaces (one brand new), and 2 newer 100A electric panels per unit. A great investment opportunity or a owner occupied with cash flow!
Priced aggressively in a market where duplexes in 14305 under $100k are rare, 1,804 sqft on 3,833 sqft lot, for easy upside.
Seller motivated, reach out before is gone!
Location
State NY
County Niagara
Community Section 14456
Area Niagara Falls-City-291100
Direction Use GPS as required
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Carpet, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Fence
Fence Partial
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-144-056-0002-039-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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