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Niagara Falls, NY 143047224 Buffalo Ave

Niagara Falls, NY 14304, USA

List price

$270,000

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C1‑A mixed‑use corner in Niagara Falls’ LaSalle area: approx. 3,510 sf with a 1,500 sf commercial storefront and a 1,755 sf 4BD/2BA upper unit, plus off‑street parking on a visible Buffalo Ave corner lot. Building has newer roof, updated 200A electric, and plumbing improvements, configured as two residences over retail (vertical mixed‑use). Current income is about $2,750/mo ($33K/yr) with estimated expenses around $11.8K/yr, giving roughly $18.2K NOI and a ~6.7% cap at a $270K price, while market rents near $3,600/mo ($43.2K/yr) support an NOI around $31.4K and an implied value close to $476K at a 6.5% cap, leaving strong equity and BRRRR potential.

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