6723 Buffalo Ave
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6723 Buffalo Ave
10 Unit Block of Flats £928,262 (£92,826/Unit) Niagara Falls, NY 14304
Investment Highlights
- Exceptional investment opportunity in the prestigious LaSalle section of Niagara Falls!
- Each unit is nicely maintained (only 2 owners) offering modern amenities & spacious layouts
- immaculate condition and a prime location just steps away from the picturesque LaSalle Yacht Club & the iconic Grand Island bridge.
Executive Summary
Introducing an exceptional investment opportunity in the prestigious LaSalle section of Niagara Falls! This all-brick 10 unit apartment building exudes elegance and charm, boasting immaculate condition and a prime location just steps away from the picturesque LaSalle Yacht Club & the iconic Grand Island bridge. With a paved parking lot providing convenience for tenants, this turnkey operation is a testament to profitability and success. Each unit is nicely maintained (only 2 owners) offering modern amenities & spacious layouts to ensure tenant satisfaction. Take advantage of this rare chance to own a highly profitable asset with appreciating value in one of Niagara Falls' most desirable location. Don't let this opportunity sail away. Next door to the Yacht Club and 2 doors down from the LaSalle Waterfront Park & the River behind you makes this a prime piece of real estate. Features Eight (8) two (2) bedroom units and two(2) one (1) bedroom units. Coin operated laundry plus additional tenant store units in the basement. Cost: Insurance : $5,377.05, Gas: $3,396.00, Electric: $1,320.00, Water: $2,210.00, Garbage: $2,040.00, Snow:: $900, Lawn: $300.00. Potential Rent: $114,000.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | £928,262 | Building Class | C |
Price Per Unit | £92,826 | Lot Size | 0.37 AC |
Sale Type | Investment | Building Size | 10,020 SF |
No. Units | 10 | Number of Floors | 3 |
Property Type | Residential | Year Built | 1958 |
Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
Apartment Style | Low Rise |
Price | £928,262 |
Price Per Unit | £92,826 |
Sale Type | Investment |
No. Units | 10 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.37 AC |
Building Size | 10,020 SF |
Number of Floors | 3 |
Year Built | 1958 |
Parking Ratio | 1.2/1,000 SF |
Unit Amenities
- Storage Space
- Kitchen
- Basement
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zoning
Zoning Code | R3-A (R3-A zoning permits the development of multi-family housing units, such as apartments, townhouses, and duplexes, promoting higher residential density) |
R3-A (R3-A zoning permits the development of multi-family housing units, such as apartments, townhouses, and duplexes, promoting higher residential density) |
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6723 Buffalo Ave
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