Active

1815-1819 Pine Avenue
Niagara Falls, NY 14301

$589,900
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Property Description

Attention Investors! Don't miss out on this fantastic nine-unit building opportunity located in the heart of Niagara Falls! This property boasts a prime location with an anchor tenant, H&R Block, secured on a lucrative 3-year lease, providing a stable income stream from day one. In addition to the commercial anchor tenant, there are six residential units offering further rental income potential. There's an additional commercial unit awaiting occupancy, perfect for increasing your revenue. Plus, a spacious storage unit at the rear of the building adds even more versatility to this investment. Situated in an area primed for short-term rental opportunities, this building offers the potential for increased cash flow through strategic leasing arrangements. Convenience is key, with off-street parking available behind the building, ensuring hassle-free access for tenants and customers alike. All of the residential units are vacant and easy to show.

Details

Utilities: Sewer Connected, Water Connected
Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
Flooring: Hardwood, Laminate, Tile, Varies
Basement: Full
Heating: Gas, Forced Air
Exterior Features: Concrete Driveway
Construction Materials: Brick
Lot Dimensions: 50 X114
Lot Size: 0.1309
Roof: Membrane, Rubber
Sewer: Connected
Water: Connected, Public
Parking: Threeormore Spaces, No Garage