5 months on rocket

942 Niagara Ave, Niagara Falls, NY, 14305

$875,000

Home List Price

$10,000*

Closing Credit

20 Bedrooms
0 Baths
22,928 SqFt
$38/SqFt
House

Location

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942 Niagara Ave, Niagara Falls$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingThree or more Spaces, Driveway, No Garage, Shared Driveway
Year Built1980
HeatingElectric, Natural Gas, Other, Zoned, Forced Air
CoolingOther, Zoned
BasementYes
MLS #B1509232
Lot Size0.34 Acres
StatusActive

About 942 Niagara Ave

Once in a lifetime business opportunity! This money maker of a building is in pristine condition. Absolutely meticulous and well maintained throughout the years. This brick and stone building is producing boatloads of income and in turn key condition. Gross income is over $26,000.00 a month currently. Ten (1) bedroom units, ten (2) bedroom units including appliances and all utilities. House electric and water. Four levels of housing. The basement floor boasts coin operated washer and dryer, common areas, bathrooms and storage for the tenants. Office, kitchenette area and mechanical rooms are on the lower level as well. Updates include: flooring, windows, paint to name a few. This rare gem offers an opportunity to invest in an extremely well oiled machine, producing income with even more room to grow. This is truly one of a kind and a must see! Also listed under MLSB1505919

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 4
  • Living Area: 22,928 SqFt

Listing Office:

  • Office Name: Century 21 North East
  • Office Phone: (716) 754-9963
  • Listing Agent: Alisa M Talarico

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Gas Water Heater, Other
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Varies
  • Interior: Storage

Bedroom and Bathroom Information:

  • Total Bedroom Count: 20

Exterior Features

Exterior Information:

  • Exterior: Blacktop Driveway

Parking Information:

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

Lot Features

Lot Information:

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

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Other, Zoned, Forced Air
  • Cooling: Other, Zoned

Other

Directions Information:

  • Directions: Main St to Niagara

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $38/SqFt

Tax Information:

  • Annual Amount: $11,930
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$152.7K

Med. Price/SqFt

$113

Avg. Days On Market

22

# of Sold Homes

55

942 Niagara Ave vs Niagara Falls

162 DAYS ON ROCKET

+140 Days

$875,000

+$722.2K More

$38/SqFt

-$75 Less

KEY TAKEAWAY

This property is $722.2K more than the Median Sold Price and $75/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: #B1509232

Listing Office:

  • Office Name: Century 21 North East
  • Office Phone: (716) 754-9963
  • Listing Agent: Alisa M Talarico

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: 12/4/2024, 4:20:48 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$11,930$194,900
2019$3,781$194,900
2018$5,600$194,900
2017$3,631$194,900

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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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-3822206
3
/10
  • Harry F Abate Elementary School

  • 1625 Lockport St

  • 0.34 miles

  • Public District Grades PK-6

school-card-donut-3822207
3
/10
  • Maple Avenue School

  • 952 Maple Ave

  • 1.19 miles

  • Public District Grades PK-6

school-card-donut-3822208
3
/10
  • Hyde Park School

  • 1620 Hyde Park Blvd

  • 1.22 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,715. Typical income of Niagara Falls, NY residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 942 Niagara Ave

What is the listing price of this property?

The listing price of 942 Niagara Ave property is $875,000.

What type of property is this?

The property 942 Niagara Ave is a house located in Niagara Falls, New York, 14305.

Is this property for sale now?

Active Listing: 942 Niagara 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 $11,930 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 942 Niagara Ave has 20 bedrooms.

What is the square footage of this property?

The property 942 Niagara Ave is 22,928 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 942 Niagara Ave is 1980.

Rocket HomesNew YorkNiagara CountyNiagara Falls14305942 Niagara Ave

This home is located at 942 Niagara Ave in Niagara Falls, NY and zip code 14305. This 22,928 square foot home, which was built in 1980, sits on a 0.34 acre lot. Features: 20 bedrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $875,000.

Niagara Falls, NY housing market in November 2024 saw over 22 listings sold above listed price, more than 4 sold at listed price and over 29 sold below. Between October 2024 and November 2024, Niagara Falls, NY real estate market has seen decrease in the number of listings by 16.6%. While the average time on the market in November 2024 was 22 days, the median list price was $152,730.

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

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