About 2101 Pine Avenue
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 under Multiple B1705969. MOTIVATED SELLER!
Features of 2101 Pine Avenue
| MLS® # | B1706232 |
|---|---|
| Price | $265,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,425 |
| Square Footage | 2145 |
| Acres | 0.05 |
| Year Built | 1946 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 2101 Pine Avenue |
|---|---|
| Area | Niagara Falls-City |
| City | Niagara Falls |
| County | Niagara |
| State | NY |
| Zip Code | 14301 |
Amenities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Features | Rectangular, Rectangular Lot |
| Parking Spaces | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Gas, Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | No |
Exterior
| Lot Description | Rectangular, Rectangular Lot |
|---|---|
| Roof | Membrane, Rubber |
School Information
| District | Niagara Falls |
|---|
Additional Information
| Zoning | C2-B |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Fastract Real Estate |
|---|---|
| Contact Info | james.fasciano@gmail.com |