BEDS9
BATHS4 full
SQUARE FEET6,610
MLS#B1709896
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMile Reserve
SCHOOLNiagara Falls
Property Description
PRIME MIXED-USE INVESTMENT OPPORTUNITY IN THE HEART OF THE PINE AVENUE BUSINESS DISTRICT! This versatile property offers an excellent opportunity for an investor or owner-occupant looking to capitalize on a highly visible commercial location with multiple potential income streams. The first floor features a commercial space formerly operated as a beauty salon, complete with an attached studio apartment, while the upper levels offer one furnished two-bedroom apartment and two furnished three-bedroom apartments. With some renovations and updates, this property presents significant potential to bring the spaces to market and maximize rental income. Conveniently located in the heart of the Pine Avenue business district, surrounded by established businesses and neighborhood amenities. Whether you're looking to expand your portfolio or create a mixed-use income-producing property, this is an opportunity worth exploring.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.08 Acres
Roof Type: Flat
Stories: 3.0
Taxes: $5,021
Year Built: 1930
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 1
Exterior: Brick
Flooring: Hardwood, Varies
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 27X124
Parcel#: 291100-159-024-0001-017-000
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Sewer: Connected
Units: 4
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Niagara Falls
Listed By / Shown By
Listing By
Agency Name: Iconic Real Estate
Agency Phone: 716-236-7644
Shown By
Agent Name: Jim Knight
Agent Phone: (716) 998-0199
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 745.41 per month $289.10 Principal & Interest $418.42 Property Tax $37.89 Homeowner's Insurance
1609 Pine Avenue | MLS# B1709896
This multi-family property located at 1609 Pine Avenue, Niagara Falls, NY 14301 is currently listed for sale with an asking price of $129,900. Pine Avenue is located within the Niagara Falls school district. Search Niagara Falls real estate on jknight.mjpeterson.com today.