About 2101 Pine Avenue
Rare 4-unit mixed use investment opportunity in Niagara Falls, NY This property has a $43,200 annual payment which yields about 15.3% before minimal expenses. Rare 4-unit mixed use investment opportunity in Niagara Falls, NY This property has a $43,200 annual Rare 4-unit mixed-use Investment! The right investor collects rent payment which yields about 15.3% Cap Rate, before minimal expenses. The property has been remodeled with new walls, flooring, all new windows. a rubber roof that is 8 years old. This building was built in 1946 and is all brick and cinder block. The annual property taxes are $2338 and has an attractive $62.67 per square feet. The building has a two car garage that adds an extra $500 income if you desire to rent. The smart investor can take advantage of this rare opportunity. The building pays for itself. Owners are retiring. Also listed B1706232. MOTIVATED SELLER!
Features of 2101 Pine Avenue
| MLS® # | B1705969 |
|---|---|
| Price | $265,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 4,425 |
| Square Footage | 2145 |
| Acres | 0.05 |
| Year Built | 1946 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 2101 Pine Avenue |
|---|---|
| Area | Niagara Falls-City |
| City | Niagara Falls |
| County | Niagara |
| State | NY |
| Zip Code | 14301 |
Amenities
| Utilities | High Speed Internet Available, Sewer Connected, Water Connected, Other, See Remarks |
|---|---|
| Features | Corner Lot, Rectangular, Rectangular Lot |
| Parking | Garage, Two or More Spaces |
| # of Garages | 2 |
| Garages | Garage, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick, Block, Concrete, Copper Plumbing |
|---|---|
| Lot Description | Corner Lot, Rectangular, Rectangular Lot |
| Roof | Membrane, Rubber |
| Construction | Brick, Block, Concrete, Copper Plumbing |
School Information
| District | Niagara Falls |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Fastract Real Estate |
|---|---|
| Contact Info | james.fasciano@gmail.com |