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