INVESTOR ALERT! Brick 2-unit (upper/lower) in one of Niagara Falls' most desirable neighborhoods, minutes from parks, shopping, Hyde Park Blvd and the I-190. THE NUMBERS: Each unit rents for $1,100/mo: $2,200/mo, or $26,400/yr in gross income from day one At $179,000: 6.8 GRM | 14.7% gross yield | est. 9%+ cap rate Low annual taxes of about $3,500 keep cash flow strong EACH UNIT OFFERS: 2 bedrooms, 1 bath, eat-in kitchen and living room Its own private rear porch Hardwood floors under some carpeting, for added upside PROPERTY FEATURES: 1,800 sq ft brick construction Separate electric meters Central air and gas forced-air heat Fully fenced yard and detached 2-car garage WHY INVESTORS WILL LOVE IT: Tenants already in place: collect rent and build equity from day one Steady rental demand keeps vacancy low Solid bones, with minor updates offering value-add and room to raise rents at turnover Ideal for scaling a portfolio, a 1031 exchange, your first rental or a house-hack (live in one unit, rent the other). This one checks every box!
Listing By
Agency Name: Towne Housing Real Estate
Agency Contact: 716-463-1485
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 742.08 per month $398.38 Principal & Interest $291.50 Property Tax $52.21 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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2910 Grand Avenue | MLS# B1722161
This multi-family property located at 2910 Grand Avenue, Niagara Falls, NY 14301 is currently listed for sale with an asking price of $179,000. Grand Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on www.coldwellbankerchoice.com today.