2910 Grand AvenueNiagara Falls, NY 14301

Description

INVESTOR ALERT! Brick 2-unit (upper/lower) in one of Niagara Falls’ most desirable neighborhoods, minutes from parks, shopping, Hyde Park Blvd and the I-190. THE NUMBERS: Each unit rents for $1,100/mo: $2,200/mo, or $26,400/yr in gross income from day one At $179,000: 6.8 GRM | 14.7% gross yield | est. 9%+ cap rate Low annual taxes of about $3,500 keep cash flow strong EACH UNIT OFFERS: 2 bedrooms, 1 bath, eat-in kitchen and living room Its own private rear porch Hardwood floors under some carpeting, for added upside PROPERTY FEATURES: 1,800 sq ft brick construction Separate electric meters Central air and gas forced-air heat Fully fenced yard and detached 2-car garage WHY INVESTORS WILL LOVE IT: Tenants already in place: collect rent and build equity from day one Steady rental demand keeps vacancy low Solid bones, with minor updates offering value-add and room to raise rents at turnover Ideal for scaling a portfolio, a 1031 exchange, your first rental or a house-hack (live in one unit, rent the other). This one checks every box!

Property Information

Property type

Residential

Sub-type

Multi Family

Style

Duplex

Year built

1941

Stories

2

Living area

1,800 Sq Ft

Lot size

0.10 acres

Lot dimensions

35X125

Garage spaces

2

Days on market

5

MLS^® Listing#

B1722161

Property Features

Exterior

Balcony

Appliances

Gas Water Heater · Water Heater

Cooling

Central Air

Heating

Natural Gas · Forced Air

Flooring

Carpet · Hardwood · Varies · Vinyl

Basement

Full

Parking

Garage

Patio

Covered · Porch

Fencing

Partial

Lot features

Near Public Transit · Rectangular Lot

Construction

Brick · Vinyl Siding

Roof

Asphalt

Utilities

Sewer Connected · Water Connected

Water source

Public

Financial Details

Annual taxes

$3,498

Assessed value

$69,200

Parcel number

291100-144-083-0002-037-000

Directions

Hyde Park Blvd to Grand Ave