6723 Buffalo Avenue

Niagara Falls, NY 14304

$1,175,000
Price
10
Beds
10,020 Sq. Ft.
$117 / Sq. Ft.
10,020
Sq. Ft.
$117
per Sq. Ft.

Description

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...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.
  1. Listed by Louis S Rizzo • Howard Hanna WNY Inc.
    P: (716)-691-5800 C: (716)-691-5800 LouisRizzo@howardhanna.com

Property Details for 6723 Buffalo Avenue

On Waterfront
No
Parking Description
Three Or More Spaces, Garage, No Garage
Nearest Cross Street
68th Street
LISTING UPDATED: 09/30/2024 02:25 PM

Property Details for 6723 Buffalo Avenue

StatusActive
MLS #B1537712
Days on Market69
Taxes$9,735 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1960
Lot Size0.34 AC / 14,940 SF
CountyNiagara County

Building Information for 6723 Buffalo Avenue

Stories2Residences10Year Built1960Building Size-Lot Size0.34 AC / 14,940 SF

Property Information for 6723 Buffalo Avenue

Summary
Location and General Information
  • Elementary School District: Niagara Falls
  • High School Name: Niagara Falls High
  • High School District: Niagara Falls
  • Middle Or Junior School District: Niagara Falls
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Niagara Falls-City-291100
  • Tax Annual Amount: $9,735.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 10020.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.343
  • Lot Size Area: 0.343
  • Lot Size Square Feet: 14940.0
  • Lot Size Units: Acres
  • Parcel Number: 291100-160-019-0001-026-000
  • Road Frontage: City Street
  • Lot Number: 26
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $140,000
  • Year Built: 1960
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Num Of Electric Meters: 11
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Blacktop Driveway
  • Roof Description: Membrane, Rubber
Interior Features
  • Appliances: Electric Oven, Electric Range, Free Standing Range, Gas Water Heater, Oven
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 10
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Laminate, Varies
  • Furnished: Unfurnished
  • Heating: Gas, Baseboard
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 10020.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $80,893.00
  • Net Operating Income: $45,880.00
  • Number Of Units Total: 10
  • Operating Expenses: $25,278.00
  • Operating Expense Includes: Electric, Fuel, Snow Removal, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Heat, Hot Water, Other, Parking, See Remarks, Snow Removal, Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 6723 Buffalo Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6723 Buffalo Avenue

Taxable ValueLand$11,700Additions$128,300Total$140,000
Home Facts
Total Finished SqFt10,020 SqFtAbove Grade Finished SqFt10,020 SqFtStories3Lot Size15,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningR3-ACountyNIAGARAAPN291100 160.19-1-26

Schools near 6723 Buffalo Avenue

This home is within Niagara Falls City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 9
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Cataract Elementary School
PublicPK to 6

Lasalle Preparatory School
Public7 to 9

Niagara Falls High School
Public9 to 12

Seventy Ninth Street School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

6723 Buffalo Avenue is a multi-family home for sale in Niagara Falls, NY 14304. This property was listed for sale on May 20, 2024 by Howard Hanna WNY Inc., it's currently listed at $1,175,000. It has been on the market for a total of 69 days and was last sold on May 7, 2021. This listing's school district is Niagara Falls City School District. Nearby schools include Cataract Elementary School, Lasalle Preparatory School and Niagara Falls High School. 6723 Buffalo Avenue is a 10-bed, 0-bath, 10,020 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna WNY Inc.

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.