2910 Grand Avenue, Niagara Falls, NY 14301

$179,000
  • 2910 Grand Avenue, Niagara Falls, NY 14301 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,800 MLS#B1722161
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSubdivided Me Smith SCHOOLNiagara Falls

Property Description

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!

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Cooling: Central Air
Garage: 2
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,498
Year Built: 1941

Amenities

Balcony
Fence

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 1
Exterior: Brick, Vinyl Siding
Fencing: Partial
Flooring: Carpet, Hardwood, Varies, Vinyl
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 35X125
Parcel#: 291100-144-083-0002-037-000
Parking: Garage, Two or More Spaces
Parking Notes: Garage, Two or More Spaces
Patio/Porch: Balcony, Covered, Porch
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Niagara Falls

Listed By / Shown By

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

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Estimated Payment

$ 742.08 per month $398.38 Principal & Interest $291.50 Property Tax $52.21 Homeowner's Insurance

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