1655 South Avenue , Niagara Falls, NY 14305

$99,900
  • 1655 South Avenue , Niagara Falls, NY 14305 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,804 MLS#B1670800
STATUSActive PROPERTY TYPEResidential - Multiple SUBDIVISIONSection 14456 SCHOOLNiagara Falls

Property Description

Cash Flowing Duplex Priced to Sell FAST! $99,900 Discover immediate income with this fully rented duplex, generating $21,600 gross annual income ($900/month upper unit, $900/month lower unit), separate utilities with tenants covering gas/electric, with an amazing CAP rate of 16% (self managed, or 13.9% with a property manager). Each 2-bed/1-bath unit features month-to-month leases for flexibility, newer roof, full unfinished basement for storage/value-add, shared driveway with back parking, 2 water heaters (one from 2021), 2 furnaces (one brand new), and 2 newer 100A electric panels per unit. A great investment opportunity or a owner occupied with cash flow! Priced aggressively in a market where duplexes in 14305 under $100k are rare, 1,804 sqft on 3,833 sqft lot, for easy upside. Seller motivated, reach out before is gone!

1655 South Avenue | MLS# B1670800

This home located at 1655 South Avenue , Niagara Falls, NY 14305 is currently listed for sale with an asking price of $99,900. This property was built in 1900 and has 4 bedrooms and 2 full baths with 1804 sq. ft. South Avenue is located in the Section 14456 subdivision within the Niagara Falls school district. Search Section 14456 real estate on www.schillersells.com today.

Property Features

Property Type: Residential - Multiple
Basement: Full
Heating: Gas, ForcedAir
Home Style: Duplex
Lot Size: 0.09 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $1,102
Year Built: 1900

Amenities

Fence

Feature Descriptions

Appliances: GasWaterHeater
Exterior: VinylSiding
Fencing: Partial
Flooring: Carpet, Varies, Vinyl
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 32X120
Parcel#: 291100-144-056-0002-039-000
Parking: Common, Paved, TwoOrMoreSpaces
Parking Notes: Common, Paved, TwoOrMoreSpaces
Sewer: Connected
Units: 2
Utilities: ElectricityConnected, SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Niagara Falls

Listed By / Shown By

Listing By

Agency Name: Red Door Real Estate WNY LLC
Agency Contact: 716-345-5177

Shown By

Agent Name: Ryan L. Schiller
Agent Phone: (716) 255-2108 Cell
Agency Title: MJ Peterson Real Estate

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Estimated Payment

$ 343.30 per month $222.33 Principal & Interest $91.83 Property Tax $29.14 Homeowner's Insurance

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