Niagara Falls, NY 14303 2304 Monroe Avenue
$159,900
1 more
Presented By: Anthony Dubreville with Keller Williams Realty WNY;
Beds • 6
Baths • 3
SQFT • 2,300
Garage • 2
Home Details
This beautiful all-brick 3-unit multi-family home is a cash-flowing machine with lower operating costs, making it a fantastic investment opportunity with tons of potential for future growth. Each unit features two spacious bedrooms, providing comfortable living spaces for tenants. Recent updates include newer Roof done around 2023, 2023 Water Tank and Upgraded Circuit Breaker Panels ensuring long-term durability and reduced maintenance expenses. Currently listed at an approximate 12.49% CAP Rate.
Presented By: Anthony Dubreville with Keller Williams Realty WNY;
Interior Features for 2304 Monroe Avenue
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Main Level Bathrooms
Total Baths3
Other Interior Features
BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringCarpet, Hardwood, Varies, Vinyl
Heating Y/NYes
Total Fireplaces
Total Stories2
General for 2304 Monroe Avenue
AppliancesGasWaterHeater
Architectural StyleTriplex
CityNiagara Falls
Construction MaterialsBrick, PexPlumbing
CountyNiagara
ElectricCircuitBreakers
Elementary School DistrictNiagara Falls
Full Baths3
Garage Spaces2.0
Garage Y/NYes
Gross Income26220.0
HeatingGas, ForcedAir
High School DistrictNiagara Falls
Lot Size Square Feet6300.0
Lot Size UnitsAcres
MLS AreaNiagara Falls-City-291100
Middle/Junior School DistrictNiagara Falls
Net Operating Income20604.0
Number Of Units Total2
Operating Expense3128.0
OwnerPaysWater
Patio/Porch FeaturesBalcony
PossessionCloseOfEscrow
Property ConditionResale
Property SubtypeMultiFamily
Property TypeResidential
Rent IncludesWater
RoofPitched, Shingle
School DistrictNiagara Falls
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Subdivision NameStedman Farm
Tax Annual Amount2488.0
Tax Assessed Value51000
Tax Lot46
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Waterfront Y/NNo
Year Built1920
Year Built DetailsExisting
Exterior for 2304 Monroe Avenue
Building Area Total2300.0
Exterior AmenitiesBalcony, Fence
FencingPartial
Foundation DetailsBlock
Lot Dimensions60X105
Lot FeaturesNearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Size Acres0.1446
Lot Size Area0.1446
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Parking FeaturesTwoOrMoreSpaces
Road Frontage TypeCityStreet
Water SourceConnected, Public
