About 1158 Ontario Avenue
Exceptional investment opportunity! Incredible investment opportunity! This massive 4-unit property features three 3-bedrooms and one 2-bedroom units and over 6,012 square feet according to tax records. The property is fully occupied and offers separate utilities, providing immediate rental income for investors. Each unit has separate furnaces and hot water tanks located in the basement, along with dedicated storage areas for tenants. One unit features a new hot water tank, and most mechanicals are newer. All units have updated electrical panels. While the property could benefit from some cosmetic updates, it is priced accordingly, making it an excellent value for investors. All four units are currently occupied, and the tenants would like to remain, offering immediate rental income from day one.
Features of 1158 Ontario Avenue
| MLS® # | B1663817 |
|---|---|
| Price | $235,000 |
| Bedrooms | 11 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 6,012 |
| Square Footage | 3127 |
| Acres | 0.07 |
| Year Built | 1928 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 1158 Ontario Avenue |
|---|---|
| Area | Niagara Falls-City |
| Subdivision | Mile Reserve |
| City | Niagara Falls |
| County | Niagara |
| State | NY |
| Zip Code | 14305 |
Amenities
| Utilities | Sewer Connected, Water Connected, Parking, Water |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Parking | Two or More Spaces, Garage |
| Garages | Two or More Spaces, Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Luxury Vinyl, Varies |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick, PEX Plumbing |
|---|---|
| Exterior Features | Balcony |
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt |
| Construction | Brick, PEX Plumbing |
| Foundation | Stone |
School Information
| District | Niagara Falls |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | WNY Metro Roberts Realty |
|---|---|
| Contact Info | 716-712-6790 |