Located in the highly desirable Airbnb zone of Niagara Falls, 1101 South Ave is a fantastic investment opportunity with strong upside potential. This 2-unit property features separate utilities and two spacious 2-bedroom apartments with long-term tenants already in place, currently generating $600 and $800 per month in rental income. The $800 unit is occupied by a Section 8 tenant, with annual rent increases capped at 10%, offering added stability and future growth potential for investors.
Situated on a large corner lot just off Main Street, the property offers excellent access to restaurants, shopping, the casino, the Canadian border, and the world-famous Niagara Falls State Park. Whether you’re looking to expand your rental portfolio, capitalize on the short-term rental market in the future, or add a cash-flowing property in a prime location, this duplex is packed with opportunity.
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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