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1101 South Ave

Niagara Falls NY 14305

4
2
1
2094 sq. ft.
6038 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
2094 sq. ft. floor area
6038 sq. ft. lot size
Multi-Family

Property history for 1101 South Ave

2019
Sold
$35,000
13 Sep 2019 by Noah Munoz, of KELLER WILLIAMS REALTY WNY
2019
Sold
$35,000
12 Sep 2019 by Noah Munoz, of Keller Williams Realty Buffalo Northtowns

Happy sellers in Niagara Falls

<50%
Less than 50% of sellers in Niagara Falls reported that their sale price either exceeded or met their price expectations.

Niagara Falls stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Niagara Falls over the last 12 months.

Local market activity for 4 bedroom multi families in Niagara Falls

In the last 12 months, 12 four-bedroom multi families similar to 1101 South Ave, have been sold.

This represents a 50% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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