6723 Buffalo Ave - Apartments FOR SALE


Niagara Falls, NY 14304- Greater Niagara Falls
$1,175,000 USD
716-940-7008
6723 Buffalo Ave, Niagara Falls, NY for Sale
$1,175,000 USD
Apartments - FOR SALE
1/1
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6723 Buffalo Ave
Niagara Falls, NY 14304
Greater Niagara Falls


HIGHLIGHTS

  • Exceptional investment opportunity in the prestigious LaSalle section of Niagara Falls!
  • immaculate condition and a prime location just steps away from the picturesque LaSalle Yacht Club & the iconic Grand Island bridge.
  • Each unit is nicely maintained (only 2 owners) offering modern amenities & spacious layouts

OVERVIEW

Introducing an exceptional investment opportunity in the prestigious LaSalle section of Niagara Falls! This all-brick 10 unit apartment building exudes elegance and charm, boasting immaculate condition and a prime location just steps away from the picturesque LaSalle Yacht Club & the iconic Grand Island bridge. With a paved parking lot providing convenience for tenants, this turnkey operation is a testament to profitability and success. Each unit is nicely maintained (only 2 owners) offering modern amenities & spacious layouts to ensure tenant satisfaction. Take advantage of this rare chance to own a highly profitable asset with appreciating value in one of Niagara Falls' most desirable location. Don't let this opportunity sail away. Next door to the Yacht Club and 2 doors down from the LaSalle Waterfront Park & the River behind you makes this a prime piece of real estate. Features Eight (8) two (2) bedroom units and two(2) one (1) bedroom units. Coin operated laundry plus additional tenant store units in the basement. Cost: Insurance : $5,377.05, Gas: $3,396.00, Electric: $1,320.00, Water: $2,210.00, Garbage: $2,040.00, Snow:: $900, Lawn: $300.00. Potential Rent: $114,000.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

10

PRICE/UNIT

$117,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1958

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,106 SF

ZONING

R3-A

APN/PARCEL ID

291100 160.19-1-26

ASK ABOUT THIS PROPERTY

Louis RizzoHoward Hanna Real Estate ServicesMore Info
716-940-7008

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Louis RizzoHoward Hanna Real Estate ServicesMore Info
716-940-7008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.