BEDS4
BATHS2 full
SQUARE FEET1,804
MLS#B1670800
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSection 14456
SCHOOLNiagara Falls
Property Description
Cash Flowing Duplex Priced to Sell FAST! $99,900 Discover immediate income with this fully rented duplex, generating $21,600 gross annual income ($900/month upper unit, $900/month lower unit), separate utilities with tenants covering gas/electric, with an amazing CAP rate of 16% (self managed, or 13.9% with a property manager). Each 2-bed/1-bath unit features month-to-month leases for flexibility, newer roof, full unfinished basement for storage/value-add, shared driveway with back parking, 2 water heaters (one from 2021), 2 furnaces (one brand new), and 2 newer 100A electric panels per unit. A great investment opportunity or a owner occupied with cash flow! Priced aggressively in a market where duplexes in 14305 under $100k are rare, 1,804 sqft on 3,833 sqft lot, for easy upside. Seller motivated, reach out before is gone!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.09 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $1,102
Year Built: 1900
Amenities
Fence
Feature Descriptions
Appliances: Gas Water Heater
Exterior: Vinyl Siding
Fencing: Partial
Flooring: Carpet, Varies, Vinyl
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 32X120
Parcel#: 291100-144-056-0002-039-000
Parking: Common, Paved, Two or More Spaces
Parking Notes: Common, Paved, Two or More Spaces
Sewer: Connected
Units: 2
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Niagara Falls
Listed By / Shown By
Listing By
Agency Name: Red Door Real Estate WNY LLC
Agency Contact: 716-345-5177
Shown By
Agent Name: Lydia Beebe Safulko
Agent Phone: (716) 481-3182
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 343.30 per month $222.33 Principal & Interest $91.83 Property Tax $29.14 Homeowner's Insurance
1655 South Avenue | MLS# B1670800
This multi-family property located at 1655 South Avenue, Niagara Falls, NY 14305 is currently listed for sale with an asking price of $99,900. South Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on lbeebesafulko.mjpeterson.com today.