About 1600 Cleveland Avenue
Welcome to an outstanding investment opportunity featuring two residential buildings on one parcel, offering a total of four rental units. The property consists of a side-by-side duplex with two spacious 3-bedroom, 1-bath units, as well as a separate two-family home with two 2-bedroom, 1-bath units. The property is in need of renovation and is priced with its renovation needs in mind, making it an excellent opportunity for investors looking to add value and build long-term equity. This property is being offered for sale by the Niagara Orleans Regional Land Improvement Corporation (NORLIC). All offers must include a development plan addressed to NORLIC outlining the purchaser's relevant experience, proposed scope of work, estimated project costs, and anticipated timeline for completion. A development enforcement mortgage will be required, and the project will be monitored by NORLIC until the approved rehabilitation is complete.
Features of 1600 Cleveland Avenue
| MLS® # | B1702590 |
|---|---|
| Price | $59,900 |
| Bedrooms | 10 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 5,129 |
| Square Footage | 5227 |
| Acres | 0.12 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1600 Cleveland Avenue |
|---|---|
| Area | Niagara Falls-City |
| Subdivision | Mile Reserve |
| City | Niagara Falls |
| County | Niagara |
| State | NY |
| Zip Code | 14305 |
Amenities
| Utilities | Sewer Connected, Water Connected, Heat |
|---|---|
| Features | Rectangular, Rectangular Lot |
| Parking | Paved |
| Garages | Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Multiple Heating Units |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Shake Siding, Vinyl Siding |
|---|---|
| Lot Description | Rectangular, Rectangular Lot |
| Construction | Shake Siding, Vinyl Siding |
School Information
| District | Niagara Falls |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Frontier Realty Group LLC |
|---|