Historical Multifamily Sale Listing - Eleanor Apartments

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Eleanor Apartments

704 8th Street, Niagara Falls, NY 14301

N/A

25 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
25
Building Size:
23,952 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
17.50%
Listing ID
17182111
Last Updated
over 1 year ago

Description

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.

Map of 704 8th Street, Niagara Falls, NY 14301 (Niagara County)

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