1703 Pierce Avenue, Niagara Falls, NY 14301

$475,000
4
BD
8,527
SqFt

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List Price
$475,000
Status
ACTIVE
MLS#
B1721326
Year Built
1948
Stories
2
Bedrooms
4
Acres
0.21
Living Area
8,527
Subdivision
Mile Reserve
Region
Niagara Falls
Neighborhood
Mile Reserve

Property 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.

Additional Information

Taxes
$4,883
School District
Niagara Falls
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Howard Hanna WNY Inc.. Contact: 716-909-1375