328 Ferry Avenue, Niagara Falls, NY 14301

$287,500
5
BD
3,948
SqFt

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List Price
$287,500
Status
PENDING
MLS#
B1692203
Year Built
1919
Stories
2
Bedrooms
5
Acres
0.07
Living Area
3,948
Subdivision
Mile Reserve
Region
Niagara Falls
Neighborhood
Mile Reserve

Property Description

High Cash-Flow Investment Opportunity – 5 Units on One Lot Near Niagara Falls! Don't miss this exceptional income-producing investment featuring 5 rental units across 2 properties on one lot in one of Niagara Falls' most desirable investment locations. Currently generating $4,850 per month in rental income with reliable, long-term tenants, this property offers immediate cash flow from day one. Ideally situated just a couple of blocks from the world-famous Niagara Falls, the Canadian border crossing, and Seneca Niagara Resort & Casino, this property is positioned in a high-demand rental market with strong long-term appreciation potential. Its prime location provides easy access to tourism, employment, entertainment, and international travel, making it attractive to both tenants and investors alike. Whether you're looking to expand your portfolio or secure a solid cash-flowing asset, this is an opportunity worth considering. The current owner is selling as part of a portfolio upgrade, creating an excellent chance for the next investor to acquire a proven income-producing property.

Additional Information

Taxes
$4,513
Interior Features
Natural Woodwork
Exterior Features
Concrete Driveway
School District
Niagara Falls
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Iconic Real Estate. Contact: