1703 Pierce AvenueNiagara Falls, NY 14301

Description

2 buildings, 7 units. 1 parcel.1703–1705 Pierce Avenue presents an income-producing multifamily investment in Niagara Falls with $69,000 in annual scheduled gross rental income. The property includes a five-unit building and a separate two-unit building, July 2026 rent roll lists tenants in all seven units, at approximately $67,857 per unit, the offering provides an accessible opportunity to acquire multiple rental income streams in one transaction. Updated utilities and separate meters for each apartment support efficient management, while interior improvements include refreshed paint, cabinetry, and flooring. A large garage adds flexibility for storage or potential additional rental income. Conveniently located near Niagara Falls State Park, Canadian border crossings, downtown attractions, shopping, and employment centers, the property offers access to both everyday amenities and the region’s tourism economy. Continued investment in Niagara Falls housing, mixed-use redevelopment, and public spaces adds context for buyers considering a long-term foothold in the market. With an established rent roll, two separate structures, and versatile garage space, 1703–1705 Pierce Avenue offers a practical opportunity to expand a rental portfolio in Western New York.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1948

Stories

2

Living area

8,527 Sq Ft

Lot size

0.21 acres

Lot dimensions

69X135

Days on market

8

MLS^® Listing#

B1721326

Property Features

Appliances

Free-Standing Range · Gas Water Heater · Oven · Refrigerator · Water Heater

Heating

Natural Gas · Forced Air

Flooring

Carpet · Varies · Vinyl

Basement

None

Parking

Driveway · No Garage

Lot features

Near Public Transit · Rectangular Lot

Construction

Brick · Vinyl Siding

Roof

Asphalt

Community

None

Utilities

Sewer Connected · Water Connected

Water source

Public

Financial Details

Annual taxes

$4,883

Assessed value

$70,300

Parcel number

291100-144-064-0004-040-000