1333 North Avenue, Niagara Falls, NY 14305

Property Description

Located just ten (10) minutes from Niagara Falls State Park & the world-famous Niagara Falls waterfall, this property offers a prime location near the bridges to Canada, shopping & major attractions. Close to public transportation. Situated in the desirable north end of the city, this home sits in a high rental demand area, making it a smart choice for any investor. Long term tenant wishes to stay. The property features maintenance-free vinyl siding & a strong rental history, generating $19,320 in annual gross rents. That's an impressive 16.9% gross return before expenses 13.8% after expenses-a fantastic rate of return for an investor looking for a reliable cash flow & long-term growth potential in one of Western New York's most affordable & rapidly improving markets. Whether you're expanding your portfolio or searching for your first investment property or buying your first home to live in & have the rents help pay your mortgage, this opportunity offers strong income, low maintenance, & excellent location appeal near one of the world's most visited destinations. Don't miss out-properties in this price range with this kind of return move fast. Upgrades include a new furnace 23', electric service panels 15', roof 2012 (30-year shingle) replacement windows. Lower rents: $775 (long Term) upper rents: $835. Low expenses: Utilities water and refuse: $1,326, property insurance: $995, Taxes: $746. Don't miss this fantastic investment opportunity! This well-maintained, two-family property offers a maintenance-free exterior, separate utilities, & excellent cash flow, making it ideal for both seasoned investors and owner-occupants. First floor offers two (2) bedrooms, formal dining room large kitchen one (1) bath. Second floor 1+ bedroom, Bonus room-perfect for office, nursery, or additional storage. Large walk-in pantry off kitchen. With minimal exterior upkeep and separate utilities for each unit, this property is designed for easy management & maximum income potential. Whether you're building your portfolio or looking to live in one unit while renting the other. Reliable rental history + strong cash flow=smart investment you can't pass up. 24 hour notice for showings.