Niagara Falls City on the raise! Appreciation rate is up 22.4%. Property appreciation the last 10 years has been 81.6%. Renters make up 35.3% of the Niagara Falls Population. The market makes this all brick 10 unit with separate utilities and nine (9) garages with off Street parking a wise addition to any Real Estate portfolio . River views located in front of the LaSalle Yacht Club on the upper Niagara River. Just steps to the newly constructed LaSalle Waterfront Park & River View Trail. Picnic area with bike & walking paths lead right to State Park & the majestic Niagara Falls. . Short drive to Canadian Border. This all brick building has concrete floors & steel floor joist. Rock solid at one time was a Fall Out Shelter in the City. You don’t see this type of construction today. Long term Tenants (17+ years) want to stay. Yearly income $66,120.00. Property tax: $ 9,098.00, Property insurance : $1,948, Yearly Water & Sewer expense: $2,284. Refuse charge: $799.00, Common Gas: $850.00, Common electric:$495.00, Lawn Service: $200, Snow Removal: $260.00, Building Maintenance: $900.00. Showing a 7.5% return on investment in a appreciating market. Seller financing to qualified Buyer.
Property Details
Price:
$650,000
MLS #:
B1362034
Status:
Closed ((Jan 19, 2022))
Baths:
0
Address:
6801 Buffalo Avenue
Type:
Commercial
Subtype:
Other
Subdivision:
Mile Reserve
City:
Niagara Falls
Listed Date:
Aug 24, 2021
State:
NY
Finished Sq Ft:
9,240
ZIP:
14304
Lot Size:
0 acres
Year Built:
1910
Listing courtesy of Howard Hanna, 716–691–5800
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-23.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-23.
6801 Buffalo Avenue
Niagara Falls, NY
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Schools
School District:
Niagara Falls
Middle School:
LaSalle Middle
High School:
Niagara Falls High
Interior
Appliances
Free- Standing Range, Gas Water Heater, Oven, Refrigerator
Flooring
Ceramic Tile, Hardwood, Varies
Heating
Gas, Wall Furnace
Laundry Features
Coin-operated
Exterior
Community Features
Laundry Facilities
Construction Materials
Brick, Copper Plumbing
Exterior Features
Gravel Driveway
Parking Features
One Space, Driveway, Garage
Roof
Membrane, Rubber
Financial
Map
Community
- Address6801 Buffalo Avenue Niagara Falls NY
- AreaNot Applicable
- SubdivisionMile Reserve
- CityNiagara Falls
- CountyNiagara
- Zip Code14304
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