2658 Main Street, Niagara Falls, NY 14305

$340,000
5
BD
4,103
SqFt

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List Price
$340,000
Status
ACTIVE
MLS#
B1702201
Year Built
1920
Stories
3
Bedrooms
5
Acres
0.09
Living Area
4,103
Subdivision
Mile Reserve
Region
Niagara Falls
Neighborhood
Mile Reserve

Property Description

Great investment opportunity! Well-maintained 5-unit apartment building located close to Niagara University, shopping, restaurants, and other amenities. Conveniently situated just one block from the Amtrak train station. All utilities are separately metered Property features five 1-bedroom units, including two units on the first floor, two units on the second floor, and one unit on the third floor. Rear first-floor unit offers added privacy. Unit #5 features beautiful outside views from the kitchen. Excellent rental potential with strong demand from Niagara University students and long-term tenants. Estimated market rents for the 1-bedroom units are approximately $900-$950 per month $4000 to $4500 Monthly passive income based on current market conditions. Listing agent has ownership interest in the property.

Additional Information

Taxes
$2,437
School District
Niagara Falls
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Red Door Real Estate WNY LLC. Contact: 917-283-0352