Discover a fantastic investment opportunity with this beautifully maintained 4-unit brick building, ideally located in a vibrant neighborhood. Listed at just $159, 900, this property is not only a solid investment but also a cash flow generator, currently yielding an impressive $2, 900 in monthly rental income. Each unit features modern upgrades, including newer cabinets and fresh flooring, providing a comfortable living space for tenants. The property benefits from separate utilities for each unit, making management simple and efficient. Additionally, some furnaces have been recently replaced, ensuring reliability and lower maintenance costs. Originally a storefront, the building has been thoughtfully converted into four residential apartments, maximizing its income potential while maintaining its charming character. With a strong rental history and great demand in the area, this property is perfect for both seasoned investors and those looking to start their real estate journey.
Extra Information for 424 24th St Niagara Falls, NY
- Seller Type:
- Category: Single-Family Houses
- Conditions: Resale
- Listed Date: Oct 24, 2024