2 months on rocket

1703 Pierce Ave, Niagara Falls, NY, 14301

$299,900

Home List Price

$3,561*

Closing Credit

7 Bedrooms
4 Full Baths
8,527 SqFt
$35/SqFt
Multi

Location

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1703 Pierce Ave, Niagara Falls$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Available
Garage6 spaces
Year Built1948
HeatingNatural Gas, Forced Air
MLS #B1571660
Lot Size0.21 Acres
StatusActive

About 1703 Pierce Ave

This all-brick, 7-unit multi-family complex, spread across two separate structures on a single lot, is an incredible investment opportunity. With its updated utilities and separate meters for each unit, it offers a hassle-free, turnkey operation. Currently generating $5,000 in monthly rental income, this property is a true cash cow. Each unit has been refreshed with new paint, cabinetry, and flooring, ensuring modern living spaces that attract reliable tenants. Additionally, the large garage space offers the potential to be transformed into an automobile workshop, adding another revenue stream or enhancing the property’s versatility. Situated less than 10 minutes from Niagara Falls State Park and the Canadian border, this complex enjoys a prime location with proximity to one of the region's major tourist destinations, ensuring high demand. Whether you're an investor looking for solid returns or someone seeking a property with both rental and business potential, this is a rare find that checks all the boxes.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 2
  • Living Area: 8,527 SqFt

Listing Office:

  • Office Name: Iconic Real Estate
  • Office Phone: (716) 236-7644
  • Listing Agent: Noah Munoz

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Luxury Vinyl, Varies

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Parking Available

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: 17th to Whitney

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $35/SqFt

Tax Information:

  • Annual Amount: $4,303
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Niagara Falls, NY.

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Niagara Falls, NY

City

Med. Sold Price

$152.7K

Med. Price/SqFt

$113

Avg. Days On Market

22

# of Sold Homes

55

1703 Pierce Ave vs Niagara Falls

71 DAYS ON ROCKET

+49 Days

$299,900

+$147.1K More

$35/SqFt

-$78 Less

KEY TAKEAWAY

This property is $147.1K more than the Median Sold Price and $78/SqFt less than other homes in Niagara Falls, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #B1571660

Listing Office:

  • Office Name: Iconic Real Estate
  • Office Phone: (716) 236-7644
  • Listing Agent: Noah Munoz

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/23/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,303$70,300
2019$1,363$70,300
2018$2,019$70,300
2017$1,310$70,300

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1161724
3
/10

  • Harry F Abate Elementary School

  • 1625 Lockport St

  • 0.48 miles

  • Public District Grades PK-6

school-card-donut-1161725
3
/10

  • Hyde Park School

  • 1620 Hyde Park Blvd

  • 0.66 miles

  • Public District Grades PK-6

school-card-donut-1161726
1
/10

  • Niagara Street School

  • 2513 Niagara St

  • 1.06 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,623. The most common annual income of people living in Niagara Falls, NY is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Niagara County›Niagara Falls›14301›1703 Pierce Ave

This home is located at 1703 Pierce Ave in Niagara Falls, NY and zip code 14301. This 8,527 square foot home, which was built in 1948, sits on a 0.21 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $299,900.

Over 22 listings were sold over their listed price in November 2024 in Niagara Falls, NY. In the same period over 29 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Niagara Falls, NY decreased by 16.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $152,730, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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