1028 South Avenue, Niagara Falls, NY 14305

Property Description

Seller (s) will entertain offers between $285,000 and $330,000 or higher. All Brick solid 12-unit apartment building on quiet street in Niagara Falls. 10 out of the 12 units are rented for about $650/month and 2 units need cosmetic repair (about $10k per unit) before HUD will start paying rent again. Lots of room to up the rent to make this a big money maker and the seller is very motivated. One set of mechanics in great condition and updated electrical. National Fuel $700/month. National Grid $1000/month. Water $1000/month. Insurance $900/month. Taxes $3700/year. Come take a look at all the potential this has!