720 Buffalo Ave - Apartments FOR SALE


Niagara Falls, NY 14303
$720,000 USD
716-418-3524
720 Buffalo Ave, Niagara Falls, NY for Sale
$720,000 USD
Apartments - FOR SALE
1/110
null | 8.2% Cap Rate

720 Buffalo Ave
Niagara Falls, NY 14303


HIGHLIGHTS

  • Furnished 5 Unit Rental Walking Distance to Niagara Falls & Canada

OVERVIEW

This well maintained 5 Unit brick building is a Money Maker! It is directly across from the Niagara Falls State Park with views of the upper Niagara River. It is a short walk to the brink of the falls, Canada, Goat Island State Park & the Seneca Niagara Casino. This 6,800+ sq ft home is completely furnished & has been a proven Money Maker. R4 Zoning allows for several options: 5 Unit, Bed & Breakfast, Hostel, etc… Enjoy views of the park & upper Niagara River from one of 2 front porches. There is a third porch on the rear of the house along with a large deck, private yard & 3 car garage. Step inside this turn of the century home & be impressed by the original ceramic floors, carved wooden staircase, marble walls & stairs. There are hardwood floors and original moldings throughout much of the house. Most utilities are separated. If you are looking for a property in the Historically Designated Bed & Breakfast Area of Niagara Falls, look no further!

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

5

PRICE/UNIT

$144,000

CAP RATE

8.2%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R4-A

APN/PARCEL ID

291100-159-054-0001-034-000

ASK ABOUT THIS PROPERTY

Michael BolandHoward Hanna Real Estate ServicesMore Info
716-418-3524

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Michael BolandHoward Hanna Real Estate ServicesMore Info
716-418-3524

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