ADVERTISEMENT

723 3rd St, Niagara Falls, NY 14301

1 Photo
 
Map
Slideshow
$495,000 List Price
Off Market
 
Listing ID 10131423
Property Type Multi-Unit (5+)
County Niagara
Township Niagara Falls
School Niagara Falls
Total Tax $9,947
Tax ID 144.77-2-62
FEMA Flood Map fema.gov/portal
Year Built 1930
   
Virtual Tour
An idealist investment. Over looking the last water front in the City of Niagara Falls. Outstanding view of Canadian skyline & the Gorge. Walking distance to the Falls, Casino & all downtown attractions. Presently a 24 bed Youth Hostel with expansion possibilities for 10 more beds. All equipment included. Plus 12 apartments. Updated building with a Certificate of Compliance. The numbers: Rental income: $138,600 (Hostel at 60% Occup.)Gas: $8040, Electric: $4080, Water: $3680, Ins. $7,800. Cable+Int+ph: $2,028, Fire Alarm: $720, Hostel Expenses: $23,400. Net income before mgt&tax: $86,705.00.
Property Details
  • Built in 1930
  • Slab Basement
Exterior Features
  • Municipal Water
  • Municipal Sewer
Taxes and Fees
  • $3,210 School Tax
  • $1,500 County Tax
  • $5,237 City Tax
  • $9,947 Total Tax
Previously Listed By
REALTY USA WNY INC
Office: 716-691-5800
Request More Information
Request Showing
Role Agent Buyer
Your Preferred Date & Time
Showing Type:
This listing is an advertisement. Listing data is deemed reliable but is NOT guaranteed accurate.
Contact Us
Who Would You Like to Contact Today?

I want to contact an agent about this property!

I wish to provide feedback about the website functionality

Contact Agent
Your Name:
Email:
Phone:
Message:
Security: What is 7 plus 2?