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Ciro "Jerry" Vitiello

jerry@jerrysellscnyrealestate.com +1(315) 868-9666

$ 80,000

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1869 Weston AVE Niagara Falls, NY 14305

3 Beds

1 Bath

1,108 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,108 sqft

Price per Sqft $72

MLS Listing ID B1708534

Style Two Story

Bedrooms 3

Full Baths 1

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $1,578

Lot Size 3,598 Sqft

Acres 0.0826

Lot Dimensions 30X120

Property Sub-Type Single Family Residence

Property Description

Welcome to 1869 Weston Avenue, a three-bedroom one-bath home conveniently located just off 22nd Street in Niagara Falls. This aluminum-sided property offers an excellent opportunity for an owner-occupant, first-time buyer, or investor looking to build equity and added value. The home is currently tenant occupied, providing an immediate rental-income opportunity for the new owner. While the property could benefit from some updating and improvements, it offers a solid foundation for someone looking to purchase at an attractive price and make the property their own. Why continue paying someone else's mortgage when you can own your own home? Conveniently situated near major roads, shopping, restaurants, schools, employment. Short drive the State Park and Canada. Opportunities to purchase an affordable property with an existing income stream don't come along every day. Even more exciting this property may be purchased as part of a Larger 9-unit Real Estate Portfolio! Create & instant Niagara Falls Real Estate portfolio consisting of this property plus: 915 Ferry Ave, 1511 Cleveland (2 units), 1215-15th St, 1526 LaSalle Ave (2 units), 1305-15th St, all are are located within the City's AirBnB short term rental zone, offering tremendous potential for an Investor seeking scale in one of Western New York's premier tourism markets along with 1886 Weston Ave. 9 units total, providing an exceptional opportunity to acquire multiple income producing properties in one transaction. Whether purchasing this property individually or assembling the entire portfolio, this a rare opportunity to establish an immediate presence in the Niagara Falls short term-term rental & investment market. Live, invest, operate or build your portfolio-the opportunity is here!!! Long term tenants below market rents presently $65,940.00 per year. Based on estimated current market rents, the same portfolio has the potential to generate approximately $130,200 per year in gross long-term rental income representing approximately $64,260 of additional annual rental income potential through proper rent optimization.

Location

State NY

County Niagara

Area Niagara Falls-City-291100

Direction Between 22nd and 18th

Rooms

Basement Full

Interior

Interior Features Separate/Formal Dining Room, Separate/Formal Living Room

Heating Gas, Hot Water

Flooring Carpet, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Laundry In Basement

Exterior

Exterior Feature Blacktop Driveway, Fence

Parking Features Detached

Garage Spaces 1.0

Fence Partial

Utilities Available Cable Available, Sewer Connected, Water Connected

Roof Type Asphalt

Garage Yes

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Foundation Block

Sewer Connected

Water Connected, Public

Architectural Style Two Story

Structure Type Aluminum Siding,Copper Plumbing

Construction Status Existing

Schools

High Schools Niagara Falls High

School District Niagara Falls

Others

Senior Community No

Tax ID 291100-144-057-0003-022-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Howard Hanna WNY Inc. 716-691-5800

NEARBY SCHOOLS & PROPERTIES

Ciro "Jerry" Vitiello

Lic. RE Associate Broker | License ID: 10301208981

+1(315) 868-9666

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Ciro "Jerry" Vitiello

1869 Weston AVE Niagara Falls, NY 14305

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1869 Weston AVE