Mark Ceretto

1869 Weston Avenue, Niagara Falls, NY 14305

New - 7 Hours Ago
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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.

1869 Weston Avenue | MLS# B1708534

This single family home located at 1869 Weston Avenue, Niagara Falls, NY 14305 is currently listed for sale with an asking price of $80,000. This property was built in 1920 and has 3 bedrooms and 1 full baths with 1108 sq. ft. Weston Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on mark-ceretto.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Single Family
Basement: Full
Garage: 1
Heating: Gas, HotWater
Home Style: TwoStory
Lot Size: 0.08 Acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $1,578
Year Built: 1920

Amenities

SeparateFormalDiningRoom
SeparateFormalLivingRoom
BlacktopDriveway
Fence

Feature Descriptions

Appliances: GasWaterHeater
Exterior: AluminumSiding, CopperPlumbing
Fencing: Partial
Flooring: Carpet, Varies, Vinyl
Laundry: InBasement
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 30X120
Parcel#: 291100-144-057-0003-022-000
Parking: Detached, Garage
Parking Notes: Detached, Garage
Sewer: Connected
Utilities: CableAvailable, SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

High School: Niagara Falls High
School District: Niagara Falls

Estimate Your Payment

Estimated Payment

$ 332.88 per month $178.05 Principal & Interest $131.50 Property Tax $23.33 Homeowner's Insurance

Change Payment Information

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yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna WNY Inc.
Agency Contact: 716-691-5800

Shown By

Agent Name: Mark Ceretto
Agent Phone: (315) 420-0634 Cell
Agency Title: Coldwell Banker Prime Properties

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