This all-brick, 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 $5,000 in monthly rental income, 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.
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 #:
B1571660
Status:
Active
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:
Oct 12, 2024
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
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Schools
School District:
Niagara Falls
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Hardwood, Luxury Vinyl, Varies
Heating
Gas, Forced Air
Exterior
Construction Materials
Brick, Vinyl Siding
Parking Features
Parking Available
Financial
Taxes
$3,388
Map
Community
- Address1703 Pierce Avenue Niagara Falls NY
- SubdivisionMile Reserve
- CityNiagara Falls
- CountyNiagara
- Zip Code14301
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Listing courtesy of Iconic Real Estate,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-25.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-25.
1703 Pierce Avenue
Niagara Falls, NY
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