915 Ferry Avenue, Niagara Falls, NY

$130,000

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4

Beds

2

Baths

1,636

Square feet

0.07

Acres

About 915 Ferry Avenue

Rare Niagara Falls opportunity! Solid All-Brick two-story home located inside the City's designated short-term rental?AirBnB zone!This spacious 4-bedroom, 2-full bath residence offers 1,636 sq ft plus a detached garage, combining classic brick construction with an exceptional tourist-destination location. Walk to Niagara Falls State Park, the Falls, Casino, downtown attractions, restaurants & entertainment, with Canada also within easy walking distance. Whether you're looking for a primary residence, investment or short-term rental opportunity, this location offers flexibility and potential, subject to applicable City of Niagara Falls rules & licensing requirements. All-Brick construction provides durability and timeless appeal, while four bedrooms, two full baths and a detached garage deliver the space. Properties offering all brick construction, 4 bedrooms, 2 full baths, a garage & location within the City's designated short-term rental zone are difficult to find. Even more exciting this property may be purchased as part of a Larger 9-unit Real Estate Portfolio! Create & instant Niagara Falls Real Estate portfolio consisting of this property plus 1511 Cleveland (2 units),1215-15th St, 1526 LaSalle Ave (2 units),1305-15th St, all are are located within the City's AirBnB short term rental zone, offering tremendous potential for an Investor seeking scale in one of Western New York's premier tourism markets. 1869 Weston and 1886 Weston Ave. 9 units total, providing an exceptional opportunity to acquire multiple income producing properties in one transaction. Whether purchasing this property individually or assembling the entire portfolio, this a rare opportunity to establish an immediate presence in the Niagara Falls short term-term rental & investment market. Live, invest, operate or build your portfolio-the opportunity is here!!! Long term tenants below market rents presently $65,940.00 per year. Based on estimated current market rents, the same portfolio has the potential to generate approximately $130,200 per year in gross long-term rental income representing approximately $64,260 of additional annual rental income potential through proper rent optimization.

Features of 915 Ferry Avenue

MLS® # B1707428
Price $130,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,636
Square Footage 3006
Acres 0.07
Year Built 1900
Type Residential
Sub-Type Single Family Residence
Style Two Story
Status Active

Community Information

Address 915 Ferry Avenue
Area Niagara Falls-City
City Niagara Falls
County Niagara
State NY
Zip Code 14301

Amenities

Utilities Cable Available, Sewer Connected, Water Connected
Features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Detached, Garage
# of Garages 1
Garages Detached, Garage
Is Waterfront No
Has Pool No

Interior

Interior Hardwood, Varies
Interior Features Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room
Appliances Exhaust Fan, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Range Hood
Heating Gas, Hot Water
Fireplace No
# of Stories 2
Has Basement Yes
Basement Full

Exterior

Exterior Brick
Exterior Features Blacktop Driveway, Fully Fenced
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Construction Brick
Foundation Stone

School Information

District Niagara Falls
High Niagara Falls High

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeHoward Hanna WNY Inc.
Contact Info716-691-5800

Listing Map

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