1600 Cleveland Avenue, Niagara Falls, NY 14305

Property Description

Welcome to an outstanding investment opportunity featuring two residential buildings on one parcel, offering a total of four rental units. The property consists of a side-by-side duplex with two spacious 3-bedroom, 1-bath units, as well as a separate two-family home with two 2-bedroom, 1-bath units. The property is in need of renovation and is priced with its renovation needs in mind, making it an excellent opportunity for investors looking to add value and build long-term equity. This property is being offered for sale by the Niagara Orleans Regional Land Improvement Corporation (NORLIC). All offers must include a development plan addressed to NORLIC outlining the purchaser's relevant experience, proposed scope of work, estimated project costs, and anticipated timeline for completion. A development enforcement mortgage will be required, and the project will be monitored by NORLIC until the approved rehabilitation is complete.