1101 South Avenue, Niagara Falls, NY 14305

$89,000
4
BD
2
BA
2,094
SqFt

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List Price
$89,000
Status
ACTIVE
MLS#
B1684563
Price Change
▼ $10,000 1785705078
Year Built
1900
Stories
2
Bedrooms
4
Bathrooms
2
Acres
0.14
Living Area
2,094
Subdivision
Part/City/Niagara Falls
Region
Niagara Falls
Neighborhood
Part/City/Niagara Falls

Property Description

Located in the highly desirable Airbnb zone of Niagara Falls, 1101 South Ave is a fantastic investment opportunity with strong upside potential. This 2-unit property features separate utilities and two spacious 2-bedroom apartments with long-term tenants already in place, currently generating $600 and $800 per month in rental income. The $800 unit is occupied by a Section 8 tenant, with annual rent increases capped at 10%, offering added stability and future growth potential for investors. Situated on a large corner lot just off Main Street, the property offers excellent access to restaurants, shopping, the casino, the Canadian border, and the world-famous Niagara Falls State Park. Whether you’re looking to expand your rental portfolio, capitalize on the short-term rental market in the future, or add a cash-flowing property in a prime location, this duplex is packed with opportunity.

Additional Information

Taxes
$962
Exterior Features
Deck, Enclosed Porch, Porch
Style
Duplex
School District
Niagara Falls
Water
Connected, Public
Sewer
Connected
Garage Spaces
1

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Calculator source: Real Geeks

Listing courtesy of Iconic Real Estate. Contact: