INVESTOR ALERT! Brick 2-unit (upper/lower) in one of Niagara Falls' most desirable neighborhoods, minutes from parks, shopping, Hyde Park Blvd and the I-190. THE NUMBERS: Each unit rents for $1,100/mo: $2,200/mo, or $26,400/yr in gross income from day one At $179,000: 6.8 GRM | 14.7% gross yield | est. 9%+ cap rate Low annual taxes of about $3,500 keep cash flow strong EACH UNIT OFFERS: 2 bedrooms, 1 bath, eat-in kitchen and living room Its own private rear porch Hardwood floors under some carpeting, for added upside PROPERTY FEATURES: 1,800 sq ft brick construction Separate electric meters Central air and gas forced-air heat Fully fenced yard and detached 2-car garage WHY INVESTORS WILL LOVE IT: Tenants already in place: collect rent and build equity from day one Steady rental demand keeps vacancy low Solid bones, with minor updates offering value-add and room to raise rents at turnover Ideal for scaling a portfolio, a 1031 exchange, your first rental or a house-hack (live in one unit, rent the other). This one checks every box!
Listing By
Agency Name: Towne Housing Real Estate
Agency Contact: 716-463-1485
Shown By
Agent Name: Serina "Fire" Callea
Agent Phone: (716) 799-5742
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 742.08 per month $398.38 Principal & Interest $291.50 Property Tax $52.21 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2910 Grand Avenue | MLS# B1722161
This multi-family property located at 2910 Grand Avenue, Niagara Falls, NY 14301 is currently listed for sale with an asking price of $179,000. Grand Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on scallea.mjpeterson.com today.