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Pending
  • $299,900

    1703 Pierce Ave, Niagara Falls, NY 14301

    7beds
    8,527sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $35/sqft
    $-- HOA

    What's special

    This 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 $3,800 in monthly rental income and has two vacant units, 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.
    52 days
    on Zillow
    |
    291
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2025 at 04:48pm

    Listing by:

    Iconic Real Estate 716-236-7644,

    Jayson Parker 716-266-5805

    Source: NYSAMLSs,MLS#: B1591472MLS LogoOriginating MLS: Buffalo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Luxury Vinyl, Varies
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 8,527
    • Total interior livable area: 8,527 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Parking Available
    • Garage spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 9,313.13 Square Feet
    • Dimensions: 69 x 135
    • Features: Near Public Transit, Rectangular, Residential Lot
    Details
    • Parcel number: 2911001440640004040000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Vinyl Siding
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1948

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Mile Reserve
    Location
    • Region: Niagara Falls

    Financial & listing details

    • Price per square foot: $35/sqft
    • Tax assessed value: $70,300
    • Annual tax amount: $3,388
    • Date on market: 3/5/2025
    • Listing terms: Cash
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