6801 Buffalo AVE Niagara Falls, NY 14304
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,240 sqft
Price per Sqft $81
Subdivision Mile Reserve
MLS Listing ID B1679845
Bedrooms 4
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $9,414
Lot Size 10,188 Sqft
Acres 0.2339
Lot Dimensions 51X199
Property Sub-Type Other
Property Description
6801 Buffalo Avenue, Niagara Falls was built like a fortress. This all-brick building was originally engineered with concrete floors and steel joists—providing a level of durability and fire safety rarely seen in residential builds and was a previously designated by the City as an emergency fallout shelter.
The property features 10 residential units (2 2BR; 2 1BR; 6 Studios) with separate utilities (tenants pay their own gas & electric with the exception of 1 unit). 9 onsite garages are available for parking convenience and additional rental income.
Located directly across from the LaSalle Yacht Club, Waterfront Park and the River View Trail, this property provides views of the beautiful Niagara River, the convenience of I-190 access, the proximity to the Canadian border along with notable shopping destinations such as the Niagara Outlets.
Highlights:
Income: Monthly Income $8,545.00 with potential to go higher.
Expenses: Separate utilities (tenants pay gas/electric, except one unit) significantly reduce landlord overhead.
Additional Revenue: 9 on-site garages provide substantial additional monthly income beyond residential rents.
Location Premium: Minutes from I-190 access, the Canadian border, and the major retail corridors of Military Rd and Niagara Falls Blvd. This helps keep vacancies at a minimum.
Add this performing asset to your portfolio for cashflow & pride of ownership.
Location
State NY
County Niagara
Community Mile Reserve
Area Niagara Falls-City-291100
Direction Buffalo Ave and 68th Street near the Grand Island Bridge
Rooms
Basement Full
Interior
Heating Gas, Forced Air, Hot Water, Wall Furnace
Flooring Ceramic Tile, Hardwood, Varies
Fireplace No
Appliance Gas Water Heater, See Remarks
Exterior
Exterior Feature Gravel Driveway
Garage Spaces 1.0
Community Features None
Utilities Available Sewer Connected, Water Connected
Roof Type Flat,Membrane,Rubber
Garage Yes
Building
Lot Description Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Brick,Other
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-160-019-0001-022-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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