2101 Pine Avenue, Niagara Falls, NY 14301

Property Description

Rare 4-unit mixed use investment opportunity in Niagara Falls, NY This property has a $43,200 annual payment which yields about 15.3% before minimal expenses. Rare 4-unit mixed use investment opportunity in Niagara Falls, NY This property has a $43,200 annual Rare 4-unit mixed-use Investment! The right investor collects rent payment which yields about 15.3% Cap Rate, before minimal expenses. The property has been remodeled with new walls, flooring, all new windows. a rubber roof that is 8 years old. This building was built in 1946 and is all brick and cinder block. The annual property taxes are $2338 and has an attractive $62.67 per square feet. The building has a two car garage that adds an extra $500 income if you desire to rent. The smart investor can take advantage of this rare opportunity. The building pays for itself. Owners are retiring. Also listed B1706232. MOTIVATED SELLER!