BEDS4
BATHS2 full
SQUARE FEET2,094
MLS#B1684563
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPart/City/Niagara Falls
SCHOOLNiagara Falls
Property Description
Located in the highly desirable Airbnb zone of Niagara Falls, 1101 South Ave is a fantastic investment opportunity with strong upside potential. This 2-unit property features separate utilities and two spacious 2-bedroom apartments with long-term tenants already in place, currently generating $600 and $800 per month in rental income. The $800 unit is occupied by a Section 8 tenant, with annual rent increases capped at 10%, offering added stability and future growth potential for investors. Situated on a large corner lot just off Main Street, the property offers excellent access to restaurants, shopping, the casino, the Canadian border, and the world-famous Niagara Falls State Park. Whether you're looking to expand your rental portfolio, capitalize on the short-term rental market in the future, or add a cash-flowing property in a prime location, this duplex is packed with opportunity.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Garage: 1
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.14 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $962
Year Built: 1900
Amenities
Deck
Enclosed Porch
Porch
Feature Descriptions
Appliances: Gas Water Heater
Exterior: Aluminum Siding, Vinyl Siding
Flooring: Hardwood, Varies
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 50X120
Parcel#: 291100-144-055-0001-086-001
Parking: Concrete
Parking Notes: Concrete
Patio/Porch: Deck
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Niagara Falls
Listed By / Shown By
Listing By
Agency Name: Iconic Real Estate
Agency Phone: 716-236-7644
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 354.55 per month $242.59 Principal & Interest $80.17 Property Tax $31.79 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
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1101 South Avenue | MLS# B1684563
This multi-family property located at 1101 South Avenue, Niagara Falls, NY 14305 is currently listed for sale with an asking price of $109,000. South Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on www.coldwellbankerchoice.com today.