823 17th St, Niagara Falls, NY 14301

Unique Investment Property! This 3-unit multi-family property has two buildings on one lot that totals 2,829 square feet and is located in the Niagara Falls City School District. One building is a stand-alone traditional 2 story home that has 2 bedrooms, 1 bath, a living room, a formal dining room, an eat-in kitchen, and a private basement with laundry hookups as well as separate utilities for gas and electricity. The second building houses a 1.5 garage, a 2-bedroom 1 bath apartment as well as a 1 bedroom 1 bath apartment. Each of those apartments have a living room and eat-in kitchen as well as separate electric meters but do share a gas meter and boiler for that building. Looking for investment property? Unit 1 could rent for $900 a month. Unit 2 could rent for $700 a month. Unit 3 could rent for $600 a month. That totals $26,400 annually. After taxes and insurance, that equates to a 13%+ return on investment. The stand-alone 2 story home has a new roof in May 2024. Cash or conventionally financed offers only will be considered at this time.