Active

6723 Buffalo Avenue

Niagara Falls NY, 14304

$1,175,000


$117.27 per sqft

Active

10 Beds

10,020 sqft

Other

Built in 1960

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.

B1537712

MLS ID

May 20, 2024

Listed

November 22, 2024

Updated

Map

6723 Buffalo Avenue
Niagara Falls NY, 14304

Interior Features

Total Stories

2


Bedrooms

10


Appliances

Electric Oven, Electric Range, Free-Standing Range, Gas Water Heater, Oven


Floor Description

Laminate, Varies


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Baseboard

Exterior/Building Features

Lot Size

0.34 Acres


Exterior Features

Blacktop Driveway


Lot Features

Near Public Transit, Residential Lot


Roof

Membrane, Rubber


Sewer

Connected

School Information

School District

Niagara Falls


High School

Niagara Falls High

Other Property Details

Area Name

Niagara Falls-City-291100


Taxes

$9,735


Tax Frequency

Annually


Days on Market

61


Garage

No


Parking

Three or more Spaces, Garage, No Garage


View

No


County

Niagara


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No

Listing History

Date

Event

Price

7/20/2024

Price change

$1,175,000

-10%

5/30/2024

Price change

$1,300,000

18%

 

Courtesy of Howard Hanna WNY Inc., Louis S Rizzo

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Michael Boland, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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