704 8th Street
Niagara Falls, NY 14301 ·
25 Units · Multifamily For Sale
|No. Units||25||Property Use Type||Investment|
|Building Size||23,952 SF||Commission Split||3%|
|Property Type||Multifamily||Cap Rate||17.50%|
|Listing ID: 17182111||Date Created: 06/01/2011||Last Updated: 01/23/2012|
25 apartment units, 6 garages, large basement area with storage units and office space (not built out). NEEDS REHAB
4 floors consisting of:
Basement level = 1 apartment, 6 garages, workshop area, office space, laundry room, utility room and tenant storage area.
3 levels of apartments = 8 apartments on each floor. 4 2 bedroom 1 bath and 4 1 bedroom 1 bath.
Parking = 6 garages and plenty of street parking available.
This building is located on the corner of Pine Avenue and 8th Street. Pine Avenue is the major business street in Niagara Falls. The building is walking distance to major employment (Niagara Falls Memorial Medical Center and Seneca Niagara Casino) the grocery store, city hall, the post office and of course, Niagara Falls. A bus line stops right in front of the building. Niagara University is a short bus ride away.
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