This 7-unit multi-family complex, spread across two separate structures on a single lot, is an incredible investment opportunity. With its updated utilities and separate meters for each unit, it offers a hassle-free, turnkey operation. Currently generating $3,800 in monthly rental income and has two vacant units, this property is a true cash cow. Each unit has been refreshed with new paint, cabinetry, and flooring, ensuring modern living spaces that attract reliable tenants. Additionally, the large garage space offers the potential to be transformed into an automobile workshop, adding another revenue stream or enhancing the property’s versatility. Situated less than 10 minutes from Niagara Falls State Park and the Canadian border, this complex enjoys a prime location with proximity to one of the region’s major tourist destinations, ensuring high demand. Whether you’re an investor looking for solid returns or someone seeking a property with both rental and business potential, this is a rare find that checks all the boxes.
Property Details
Price:
$299,900
MLS #:
B1591472
Status:
Pending
Beds:
7
Baths:
4
Address:
1703 Pierce Avenue
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Mile Reserve
Neighborhood:
Niagara Falls-City-291100
City:
Niagara Falls
Listed Date:
Mar 5, 2025
State:
NY
Finished Sq Ft:
8,527
Total Sq Ft:
8,527
ZIP:
14301
Lot Size:
9,315 sqft / 0.21 acres (approx)
Year Built:
1948
Units:
7
See this Listing
Mortgage Calculator
Schools
School District:
Niagara Falls
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Luxury Vinyl, Varies
Heating
Gas, Forced Air
Exterior
Construction Materials
Brick, Vinyl Siding
Parking Features
Parking Available
Roof
Asphalt
Financial
Taxes
$3,388
Map
Community
- Address1703 Pierce Avenue Niagara Falls NY
- SubdivisionMile Reserve
- CityNiagara Falls
- CountyNiagara
- Zip Code14301
Similar Listings Nearby
- 685 Chilton Avenue
Niagara Falls, NY$349,900
0.69 miles away
- 7224 Buffalo Avenue
Niagara Falls, NY$269,900
3.58 miles away
Listing courtesy of Iconic Real Estate,
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-11-2025 9:29:10 pm.
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated Apr-11-2025 9:29:10 pm.
1703 Pierce Avenue
Niagara Falls, NY
LIGHTBOX-IMAGES