$205,000
$215,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
4 Baths
3,552 SqFt
SOLD DATE : 08/14/2024
Key Details
Sold Price $205,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,552 sqft
Price per Sqft $57
MLS Listing ID B1543715
Sold Date 08/14/24
Bedrooms 12
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1918
Annual Tax Amount $2,448
Lot Dimensions 77X100
Property Description
Multi Family Four Unit Property 477, 475, 473 & 471 24th Street in Niagara Falls, NY. Current Rents are reduced and still add to $35,000 per year (w Vacant #473/4 bedroom @ assumed at $1k month.) Similar property on the same block just closed for $360,000 with a RR of almost $60k per year. Plenty of “Value Add.” The building consists of two 2 bedroom units and two 4 bedroom units. Each of the four units are metered separately, each having its own private basement and mud room out back. Recent upgrades include a complete renovation of unit #473 including all new flooring, carpet, paint, cabinetry and more. Roof 2022, and all four furnaces have been serviced including new surrounding duct work. Plenty of off street parking in rear of the property. Close to bustling Pine Ave and plenty of shopping. Immediate Income Producer. Showing and Offers begin June 8th, 2024.
Location
State NY
County Niagara
Area Niagara Falls-City-291100
Direction North on Pine Street, Left on 24th.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Ceramic Tile, Laminate, Tile, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Residential Lot
Story 4
Sewer Connected
Water Connected, Public
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-159-007-0001-019-000
Acceptable Financing Cash, Conventional, FHA, Private Financing Available, VA Loan
Listing Terms Cash, Conventional, FHA, Private Financing Available, VA Loan
Financing Cash
Special Listing Condition Standard
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