Active
1333 North Avenue, Niagara Falls NY 14305
MLS# B1649393
$114,900
Price
4
Beds
2
Baths
1,728
Living Area (Sq.Ft.)
0.051
Lot Area (Acres)
$114,900
Price
4
Beds
2
Baths
1,728
Living Area (Sq.Ft.)
0.051
Lot Area (Acres)
Located just ten (10) minutes from Niagara Falls State Park & the world-famous Niagara Falls waterfall, this property offers a prime location near the bridges to Canada, shopping & major attractions. Close to public transportation. Situated in the desirable north end of the city, this home sits in a high rental demand area, making it a smart choice for any investor. Long term tenant wishes to stay. The property features maintenance-free vinyl siding & a strong rental history, generating $18,900 in annual gross rents. That's an impressive 16.4% gross return before expenses 13.8% after expenses-a fantastic rate of return for an investor looking for a reliable cash flow & long-term growth potential in one of Western New York's most affordable & rapidly improving markets. Whether you're expanding your portfolio or searching for your first investment property or buying your first home to live in & have the rents help pay your mortgage, this opportunity offers strong income, low maintenance, & excellent location appeal near one of the world's most visited destinations. Don't miss out-properties in this price range with this kind of return move fast. Upgrades include a new furnace 23', electric service panels 15', roof 2012 (30-year shingle) replacement windows. Low expenses: Utilities water and refuse: $1,326, property insurance: $995, Taxes: $746. Don't miss this fantastic investment opportunity! This well-maintained, two-family property offers a maintenance-free exterior, separate utilities, & excellent cash flow, making it ideal for both seasoned investors and owner-occupants. First floor offers two (2) bedrooms, formal dining room large kitchen one (1) bath. Second floor 1+ bedroom, Bonus room-perfect for office, nursery, or additional storage. Large walk-in pantry off kitchen. With minimal exterior upkeep and separate utilities for each unit, this property is designed for easy management & maximum income potential. Whether you're building your portfolio or looking to live in one unit while renting the other, this is the opportunity you've been waiting for. Reliable rental history + strong cash flow=smart investment you can't pass up. 24 hour notice for showings.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1900
Parcel Number
291100-144-040-0001-061-000
Unit Number
--
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Lot Size Dimensions
36X60
Stories
2
Bath Rooms Full
2
Property Condition
Resale
Elementary School District
Niagara Falls
Middle Or Junior School District
Niagara Falls
High School
Niagara Falls High
High School District
Niagara Falls
Location
Listing Agent
Louis S Rizzo
Listing Office
Howard Hanna WNY Inc.
Owner Name
--
Owner Phone
--
Possession
SubjectToTenantRights
Special Listing Conditions
Standard
Listing Terms
Cash, F H A, Va Loan
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-11-14
Owner Pays
Trash Collection, Water
Rent Includes
Trash Collection, Water
Gross Income
18900
Net Operating Income
15087
Fire Places Total
0
Flooring
Laminate, Varies, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Appliances
Gas Water Heater
Electric
Circuit Breakers
Garage
--
Garage Spaces
0
Architectural Style
Duplex
Exterior Features
Fence
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt
Utilities
Cable Available, Sewer Connected, Water Connected
Parking Features
Other, Parking Available, See Remarks
Basement
Full
Construction Materials
Vinyl Siding, Copper Plumbing
Fencing
Partial
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.