5 months on rocket

6723 Buffalo Ave, Niagara Falls, NY, 14304

$1,175,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
0 Baths
10,020 SqFt
$117/SqFt
House

Location

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6723 Buffalo Ave, Niagara Falls$1,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingThree or more Spaces, Garage, No Garage
Year Built1960
HeatingNatural Gas, Baseboard
BasementYes
MLS #B1537712
Lot Size0.34 Acres
StatusActive

About 6723 Buffalo Ave

Introducing an exceptional investment opportunity in the prestigious LaSalle section of Niagara Falls! This all-brick 10 unit apartment building exudes elegance and charm, boasting immaculate condition and a prime location just steps away from the picturesque LaSalle Yacht Club & the iconic Grand Island bridge. With a paved parking lot providing convenience for tenants, this turnkey operation is a testament to profitability and success. Each unit is nicely maintained (only 2 owners) offering modern amenities & spacious layouts to ensure tenant satisfaction. Take advantage of this rare chance to own a highly profitable asset with appreciating value in one of Niagara Falls' most desirable location. Don't let this opportunity sail away. Next door to the Yacht Club and 2 doors down from the LaSalle Waterfront Park & the River behind you makes this a prime piece of real estate. Features Eight (8) two (2) bedroom units and two(2) one (1) bedroom units. Coin operated laundry plus additional tenant store units in the basement. Cost: Insurance : $5,377.05, Gas: $3,396.00, Electric: $1,320.00, Water: $2,210.00, Garbage: $2,040.00, Snow:: $900, Lawn: $300.00. Potential Rent: $114,000.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 2
  • Living Area: 10,020 SqFt

Listing Office:

  • Office Name: Howard Hanna WNY Inc.
  • Office Phone: (716) 691-5800
  • Listing Agent: Louis S Rizzo

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Range, Gas Water Heater, Oven
  • Basement: Yes
  • Flooring Type: Laminate, Varies

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Exterior: Blacktop Driveway

Parking Information:

  • Parking: Three or more Spaces, Garage, No Garage

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard

Other

Directions Information:

  • Directions: Located just off the Grand Island Bridge. Corner of 68th St located just in front of the LaSalle Yacht Club.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,175,000
  • Price Per SqFt: $117/SqFt

Tax Information:

  • Annual Amount: $8,569
  • 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

$152.6K

Med. Price/SqFt

$113

Avg. Days On Market

22

# of Sold Homes

55

6723 Buffalo Ave vs Niagara Falls

152 DAYS ON ROCKET

+130 Days

$1,175,000

+$1.0M More

$117/SqFt

+$4 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $4/SqFt more 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: #B1537712

Listing Office:

  • Office Name: Howard Hanna WNY Inc.
  • Office Phone: (716) 691-5800
  • Listing Agent: Louis S Rizzo

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: 11/23/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 12, 2021Home Sold
$455,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,569$140,000
2019$2,716$140,000
2018$4,022$140,000
2017$2,608$140,000

History based on county public records data.

Payment Calculator

$5,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

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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-968237
2
/10

  • Cataract Elementary School

  • 6431 Girard Ave

  • 0.74 miles

  • Public District Grades PK-6

school-card-donut-968238
3
/10

  • Seventy Ninth Street School

  • 551 79th St

  • 0.94 miles

  • Public District Grades PK-6

school-card-donut-968239
7
/10

  • Huth Road School

  • 1773 Huth Rd

  • 2.09 miles

  • Public District Grades 2-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,770. The majority of Niagara Falls, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6723 Buffalo Ave

What is the listing price of this property?

The listing price of 6723 Buffalo Ave property is $1,175,000.

What type of property is this?

The property 6723 Buffalo Ave is a house located in Niagara Falls, New York, 14304.

Is this property for sale now?

Active Listing: 6723 Buffalo Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,569 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 12, 2021 for $455,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6723 Buffalo Ave has 10 bedrooms.

What is the square footage of this property?

The property 6723 Buffalo Ave is 10,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6723 Buffalo Ave is 1960.

Rocket Homes›New York›Niagara County›Niagara Falls›14304›6723 Buffalo Ave

This home is located at 6723 Buffalo Ave in Niagara Falls, NY and zip code 14304. This 10,020 square foot home, which was built in 1960, sits on a 0.34 acre lot. Features: 10 bedrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $1,175,000.

While more than 29 listings in Niagara Falls, NY in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 23 were sold below. The number of homes for sale in Niagara Falls, NY decreased by 5.9% between September 2024 and October 2024. In October 2024 median list price was $152,677 and the average listing age was 22 days.

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

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