6801 Buffalo Ave - Apartments FOR SALE


Niagara Falls, NY 14304- Greater Niagara Falls
$875,000 USD
716-866-8361
6801 Buffalo Ave, Niagara Falls, NY for Sale
$875,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

6801 Buffalo Ave
Niagara Falls, NY 14304
Greater Niagara Falls


HIGHLIGHTS

  • Income-Producing Investment.
  • Directly across from the LaSalle Yacht Club.
  • Convenient Access.

OVERVIEW

Thinking of investing in Niagara Falls? Don’t miss this solid all-brick 10 unit building with separate utilities and nine garages—a rare find! This rock-solid, all-brick 10 unit offers immediate cash flow and long-term upside with separate utilities (tenants pay their own gas and electric, except one unit) and nine rentable garages for additional income. Built with concrete floors and steel joists, this former City-designated Fall Out Shelter is built to last. Located directly across from the LaSalle Yacht Club with upper Niagara River views and just steps from the new LaSalle Waterfront Park & River View Trail connecting to Niagara Falls State Park. Tenants LOVE this location and want to stay! Minutes from the Canadian border, I-190 access, public transit, and all major shopping on Niagara Falls Blvd and Military Rd. Low-maintenance building in a prime location—this is the kind of value-add opportunity investors look for. Total monthly rent is $8545 - financials are available for review. There are three investor open houses: Thursday July 31st 5-7pm, Sunday August 3rd 1-3pm and Saturday August 9th 1-3pm.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$95 USD /SF

# OF UNITS

10

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6801 Buffalo Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,189 SF

ZONING

R3-A

APN/PARCEL ID

291100-160-019-0001-022-000

ASK ABOUT THIS PROPERTY

Renee J. MoranRed Door Real EstateMore Info
716-866-8361

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Renee J. MoranRed Door Real EstateMore Info
716-866-8361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.