Location
Agent Comments
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!
Amenities
- Gas Water Heater
Interior Features
- Cool System: Central Air
- Heat System: Gas, Forced Air
- Floors: Carpet, Hardwood, Varies, Vinyl
- Fireplaces: 0
Exterior Features
- Parking: Garage, Two or More Spaces
- Siding: Brick, Vinyl Siding
- Roof: Asphalt
- Exterior: Balcony, Fence
Additional Features
- County: Niagara
- Property Type: Multi Family
- Tax Number: 291100-144-083-0002-037-000
- Water/Sewer: Connected, Public
- Stories: 2
- Year Built: 1941