Great investment opportunity in the City of Niagara Falls! This 3-unit property at 955 Niagara Ave offers strong potential for both investors and owner-occupants willing to complete renovations. Originally a 4-unit, the two lower-left units were combined, creating a total of 3 units featuring 7 bedrooms and 4 bathrooms.
The lower units have been updated and are currently rented, generating $1,200 per month. The upper unit requires full rehab, and the mechanicals need work, making this a true value-add property. The building offers one gas meter, two hot water tanks, and four electric meters/panels.
With 5,872 sq ft of living space on a 6,000 sq ft lot, this property has substantial upside. Conveniently located just minutes from Whirlpool St. with access toward Niagara Falls or the Lewiston area. Once improved, this could produce excellent rental income.
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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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