Multi Family Four Unit Property 477, 475, 473 & 471 24th Street in Niagara Falls, NY. Current Rents are reduced and still add to $35,000 per year (w Vacant #473/4 bedroom @ assumed at $1k month.) Similar property on the same block just closed for $360,000 with a RR of almost $60k per year. Plenty of “Value Add.” The building consists of two 2 bedroom units and two 4 bedroom units. Each of the four units are metered separately, each having its own private basement and mud room out back. Recent upgrades include a complete renovation of unit #473 including all new flooring, carpet, paint, cabinetry and more. Roof 2022, and all four furnaces have been serviced including new surrounding duct work. Plenty of off street parking in rear of the property. Close to bustling Pine Ave and plenty of shopping. Immediate Income Producer. Showing and Offers begin June 8th, 2024.
