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Three-Unit Triplex Property
For Sale
$95,000

1120 Ferry Avenue, Niagara Falls, NY 14301

Built in 1910, the property offers a renovation project with long-term and short-term rental possibilities.

Property Size2,544 SF
Days on Market13

Property Features for 1120 Ferry Avenue

General Information

Standard status Active
Size 2,544 SF
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,486

Building Details

Building Size 2,544 SF
Year Built 1910
Buildings 1
Listing Agency: Howard Hanna WNY Inc.
Listed By: Ryan K McNab · License #10401348767
Source: Highfallssir
Added: Aug 21 Changed: Aug 28 Last Checked: Aug 30 at 9:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna WNY Inc.

Investment Insights

Based on property information with market context.

This three-unit residential income property was built in 1910 and presents a renovation-focused ownership opportunity. The existing configuration supports multiple rental units, with the potential for a full rehabilitation or targeted updates based on the owner's plans.

The property is located near Niagara Falls Memorial Hospital in Niagara Falls, New York. Short-term rentals are permitted in the surrounding area, creating flexibility between traditional leasing and short-term rental strategies, subject to applicable requirements.

Key Highlights

  • Three‑unit residential income property
  • Built in 1910
  • Renovation and full‑rehabilitation project

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Garden Center Locksmith Daycare Center (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,290
Businesses Nearby

Demographics for 14301, NY

12,618
Population
7,285
Households
1.7
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
6,009
Density / Sq Mi
$37,650
Median Household Income
$32,909
Median Earnings
$722
Median Rent
$79,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Built in 1910, the property offers a renovation project with long-term and short-term rental possibilities.
Where is this triplex located?
The property is located at 1120 Ferry Avenue Niagara Falls, NY.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Three‑unit residential income property; Built in 1910; Renovation and full‑rehabilitation project
More about this property
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