6 Beds
3 Baths
2,510 SqFt
6 Beds
3 Baths
2,510 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,510 sqft
Price per Sqft $61
Subdivision Mile Reservation
MLS Listing ID B1681932
Bedrooms 6
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1911
Annual Tax Amount $1,484
Lot Size 4,939 Sqft
Acres 0.1134
Lot Dimensions 40X123
Property Sub-Type Multi Family
Property Description
Welcome to this beautiful side by side duplex in Niagara Falls, 1952 Whitney Ave, a turnkey 2,510 sq ft duplex perfectly situated in the heart of Niagara Falls. This cash flowing asset features separate utilities (separate gas and electric meters) to keep your expenses low and margins high. The left side tenant occupied features a spacious 3 bedroom, 1 bath layout generating a steady $1,100/month. The right side unit is vacant, freshly prepped, and features a 3 bedroom, 2 bath footprint (one bedroom is downstairs with full bathroom) featuring a formal dining room and large living area.
Major updates include newer roof (aprox. 6 years old), circuit breakers, low maintenance composite siding, new windows, a water tank from 2023, and an incredibly convenient location just blocks from Hyde Park. Properties with this combination of size, separate mechanics, and immediate income are rare.
Perfect for investors seeking:
- Immediate income with value-add upside
- House hacking (live in one, rent the other)
- Strong cash-on-cash potential after lease-up, (total yearly income potential of $28,200, leasing the vacant unit for $1,250/month; minimal updates can maximize cap rate even more and overall return!).
Opportunities like this with size, separate utilities, and vacancy for rent optimization are limited in this price range!
Showings begin immediately (please provide at least 24 hrs notice to coordinate the showing with the tenant occupied unit), offers reviewed as received, seller is motivated.
Location
State NY
County Niagara
Community Mile Reservation
Area Niagara Falls-City-291100
Direction GPS
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Fence
Fence Partial
Utilities Available Sewer Connected, Water Connected
Roof Type Shingle
Porch Covered, Porch
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Foundation Stone
Sewer Connected
Water Connected, Public
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-144-065-0004-069-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
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