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2202 Niagara Street

Niagara Falls, NY 14303
  • $352,000
  • STATUS: Closed
  • ON SITE: 421 Days
  • MLS #: B1455701
Sold - 08/22/2023
$352,000
SOLD - 08/22/2023
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,100
    SQFT
  • $0
    $/SQFT
Type:
Commercial
Built:
1930
County:

School Ratings & Info

School District:

Description

Great investment opportunity awaits in Niagara Falls! This all brick building has been renovated inside and out. This property consists of 5 residential units and 1 storefront on the ground level. The residential units are composed of THREE 2 bedroom units and TWO 3 bedroom units. The building has recently been vacated and updated for the sale. Currently, only the storefront and 1 residential unit are occupied (same family.) Significant improvements include brand new roof ('22), updated electric and vinyl windows throughout. Each unit has been renovated including beautifully tiled bathrooms in each. This property is mechanically and structurally sound. Once vacancies are filled this building will cash flow. This building is being sold at a 12.45% cap rate (using Niagara Falls section 8 leased housing payment standards for vacant units). Also listed as Commercial/Industrial MLS#B1456595

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©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor BridgeView Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-04-04T00:14:05.433.
www.bridgeviewny.com/homes/137142963
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2202 Niagara Street Niagara Falls, NY 14303

  • Price: $375,000
  • Status: Closed
  • On Site: 421 Days
  • MLS #: B1455701
0
Beds
0
Baths
0
½ Baths
0.07
Acres
8,100
SQFT
$0
$/SQFT
1930
Built
Neighborhood:
Niagara Falls-City-291100
County:
Niagara
Area:
Niagara Falls-City-291100
School District:
Niagara Falls
Property Description
Great investment opportunity awaits in Niagara Falls! This all brick building has been renovated inside and out. This property consists of 5 residential units and 1 storefront on the ground level. The residential units are composed of THREE 2 bedroom units and TWO 3 bedroom units. The building has recently been vacated and updated for the sale. Currently, only the storefront and 1 residential unit are occupied (same family.) Significant improvements include brand new roof ('22), updated electric and vinyl windows throughout. Each unit has been renovated including beautifully tiled bathrooms in each. This property is mechanically and structurally sound. Once vacancies are filled this building will cash flow. This building is being sold at a 12.45% cap rate (using Niagara Falls section 8 leased housing payment standards for vacant units). Also listed as Commercial/Industrial MLS#B1456595
Exterior Features

Construction Materials Brick Exterior Features Blacktopdriveway Garage YN No Lot Features Nearpublictransit Parking Features OnespaceNogarage Roof FlatMembraneRubber Waterfront YN No

Interior Features

Appliances GaswaterheaterSeeremarks Basement Full Basement YN Yes Cooling Centralair Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring HardwoodVaries Heating GasBaseboardForcedair Heating YN Yes Levels Two Living Area 8100

Property Features

Listing Terms Cash Possession Closing Property Condition Resale Property Sub Type Other Rent Includes TrashcollectionWater Sewer Connected Special Listing Conditions Standard Tax Annual Amount 3976 Utilities SewerconnectedWaterconnected Water Source ConnectedPublic Year Built Details Existing

Greater Rochester Association of Realtors logo Listing information © 2024 CNYIS, GENRIS, WNYREIS. Listing provided by Ryan Burke of Keller Williams Realty WNY : 716-572-2848.
©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor BridgeView Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-04-04T00:14:05.433.
 
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Watertown NY, 13601