About 915 Ferry Ave
AN INVESTOR'S DREAM-SEVEN (7) PROPERTIES. NINE (9) TOTAL UNITS. ONE INCREDIBLE OPPORTUNITY! Rarely does an opportunity like this hit the market! Seven (7) separate properties, totaling nine (9) income-producing units, are being offered together as one package. Five (5) single family homes & Two (2) 2 units for a total of 9 units- creating an instant Niagara Falls real estate portfolio. The properties are strategically located throughout the City of Niagara Falls, all within approximately a 10-minute drive from one and other, giving an investor the opportunity to own a diversified collection of properties without the concentration risk of having everything on one block. Even more compelling: Five (5) of the seven (7) properties, representing seven (7) of the nine (9) total units, are located within areas offering short-term AirBnB rental opportunities. This creates an exciting avenue for an investor looking to capitalize on Niagara Falls' world-renowned tourism market while maintaining the flexibility to utilize traditional long-term rental strategies. The locations are ideally positioned near Niagara Falls State Park, tourism destinations, shopping, restaurants, schools, public transportation & established neighborhood amenities. Several properties are within easy reach of the Falls, with the entire portfolio situated within approximately a 10-minute drive of Niagara Falls State Park, the Casino & Canada. This is more than a collection of houses-it's an opportunity to acquire a ready-made real estate portfolio in one of Western New York's most recognizable tourist destinations. After years of ownership, the seller is retiring & the portfolio has not been fully optimized. Current rents are below market, providing a new owner with a significant upside & the opportunity to substantially increase rental income through long-term market-rate rent. Buying today's income but inheriting tomorrows upside. According to New York State, approximately 9.4 million visitors come to Niagara Falls every year, creating an enormous & continually renewing customer base for short term rental properties. Imagine owning AirBnB's in a city that draws nearly 10 million visitors annually.
Features of 915 Ferry Ave
| MLS® # | B1710674 |
|---|---|
| Price | $660,000 |
| Bedrooms | 22 |
| Bathrooms | 0.00 |
| Square Footage | 9,188 |
| Year Built | 1900 |
| Type | Multi Family |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 915 Ferry Ave |
|---|---|
| Area | Niagara Falls-City |
| City | Niagara Falls |
| County | Niagara |
| State | NY |
| Zip Code | 14301 |
Amenities
| Utilities | Cable Available, Electricity Connected, Sewer Connected, Water Connected, Water |
|---|---|
| Features | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Parking | Three or more Spaces, Garage |
| # of Garages | 1 |
| Garages | Three or more Spaces, Garage |
| 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, Stucco, Vinyl Siding |
|---|---|
| Exterior Features | Blacktop Driveway, Concrete Driveway, Gravel Driveway |
| Lot Description | Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt |
| Construction | Brick, Stucco, Vinyl Siding |
School Information
| District | Niagara Falls |
|---|---|
| High | Niagara Falls High |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna WNY Inc. |
|---|---|
| Contact Info | 716-691-5800 |
