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6801 Buffalo Ave
Niagara Falls, NY 14304
6801 Buffalo Avenue · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Income-Producing Investment.
- Convenient Access.
- Directly across from the LaSalle Yacht Club.
Executive Summary
Thinking of investing in Niagara Falls? Don’t miss this solid all-brick 10 unit building with separate utilities and nine garages—a rare find! This rock-solid, all-brick 10 unit offers immediate cash flow and long-term upside with separate utilities (tenants pay their own gas and electric, except one unit) and nine rentable garages for additional income. Built with concrete floors and steel joists, this former City-designated Fall Out Shelter is built to last. Located directly across from the LaSalle Yacht Club with upper Niagara River views and just steps from the new LaSalle Waterfront Park & River View Trail connecting to Niagara Falls State Park. Tenants LOVE this location and want to stay! Minutes from the Canadian border, I-190 access, public transit, and all major shopping on Niagara Falls Blvd and Military Rd. Low-maintenance building in a prime location—this is the kind of value-add opportunity investors look for. Total monthly rent is $8545 - financials are available for review. There are three investor open houses: Thursday July 31st 5-7pm, Sunday August 3rd 1-3pm and Saturday August 9th 1-3pm.
Property Facts
| Price Per Unit | $87,500 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 9,240 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2017 |
| Apartment Style | Low-Rise | Parking Ratio | 1.3/1,000 SF |
| Building Class | C | ||
| Zoning | R3-A | ||
| Price Per Unit | $87,500 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 9,240 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2017 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R3-A |
Amenities
Site Amenities
- Laundry Facilities
- Picnic Area
- Trash Pickup - Curbside
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | 700 - 1,000 |
Property Taxes
| Parcel Number | 291100-160-019-0001-022-000 | Improvements Assessment | $128,000 |
| Land Assessment | $7,500 | Total Assessment | $135,500 |
Property Taxes
Parcel Number
291100-160-019-0001-022-000
Land Assessment
$7,500
Improvements Assessment
$128,000
Total Assessment
$135,500
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