Four-Unit Residential Income
For Sale
$235,000
Pending
1158 Ontario Avenue, Niagara Falls, NY 14305
Four fully occupied units offer separate utilities and dedicated basement storage for tenants.
Property Size6,012 SF
Days on Market238
Property Features for 1158 Ontario Avenue
General Information
Standard status
Pending
Size
6,012 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,739
Building Details
Building Size
6,012 SF
Year Built
1928
Listing Agency:
WNY Metro Roberts Realty
Listed By:
Elizabeth Bauch · License #10401301307
(716) 712-6790
Source:
Highfallssir
Added: Mar 4
Changed: Oct 26
Last Checked: Oct 26 at 10:49PM
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 WNY Metro Roberts Realty
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Investment Insights
Based on property information with market context.
This four-unit residential income property includes three 3-bedroom units and one 2-bedroom unit. According to tax records, the building totals over 6,012 square feet. Each unit has separate utilities, with individual furnaces and hot water tanks located in the basement, along with dedicated tenant storage areas. Electrical panels have been updated across the units, and mechanicals are described as newer, with at least one unit featuring a new hot water tank. The property may benefit from some cosmetic updates.
The building is offered for sale in Niagara Falls, NY, and is currently fully occupied, with tenants interested in remaining.
From an operations standpoint, the unit-by-unit utility separation and in-basement mechanicals support independent service needs for each tenant unit.
The building is offered for sale in Niagara Falls, NY, and is currently fully occupied, with tenants interested in remaining.
From an operations standpoint, the unit-by-unit utility separation and in-basement mechanicals support independent service needs for each tenant unit.
Key Highlights
- 1928‑built 4‑unit property with 3 units offering 3 bedrooms and 1 unit offering 2 bedrooms
- Over 6,012 SF per tax records, with all four units currently fully occupied
- Separate utilities for each unit, with individual furnaces and hot water tanks located in the basement
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
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Business Placement
Demographics for 14305, NY
16,427
Population
8,348
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,106
Density / Sq Mi
$49,588
Median Household Income
$30,314
Median Earnings
$798
Median Rent
$109,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four fully occupied units offer separate utilities and dedicated basement storage for tenants.
Where is this quadplex located?
The property is located at 1158 Ontario Avenue Niagara Falls, NY.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 1928‑built 4‑unit property with 3 units offering 3 bedrooms and 1 unit offering 2 bedrooms; Over 6,012 SF per tax records, with all four units currently fully occupied; Separate utilities for each unit, with individual furnaces and hot water tanks located in the basement
