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1510 Ashland Ave Niagara Falls, NY 14301

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For Sale
$140,000

Triplex with long-term tenants and potential for $2140 monthly rents.

Lot size:
0.07 Acres

Property Features for 1510 Ashland Ave

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.07 Acres

Building Details

Year built
1906

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Listing Contact
Lisa J Kresman
Source: Elliman

Listing Agent: Lisa J Kresman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Niagara Falls Triplex Investment

This triplex in Niagara Falls presents an investment opportunity with potential for rental income. The property features a front three-bedroom unit with a long-term tenant of over 33 years. An upper front two-bedroom unit is tenant-occupied with a lease, and the tenant owns the stove and refrigerator. The upper back studio apartment is available for a new tenant and includes a new gas stove and a refrigerator that is approximately two years old. All tenants have expressed interest in remaining at the property. The three-bedroom unit includes a remodeled bathroom, new PEX plumbing, and is being painted and updated. Exterior was freshly painted in 2021. The roof was replaced in 2018 or 2019, and new gutters and downspouts were installed in 2023. The property also features newer electrical panels and a newer hot water tank. The high-efficiency furnace is approximately six years old. The property is described as low maintenance with a rental history and is conveniently located near public transportation, grocery stores, attractions, and other amenities. Interior photos include the upper back studio apartment, the two-bedroom unit prior to leasing, and the remodeled bathroom in the three-bedroom unit.
Location Intelligence

Current Use by Public Records

Triplexes

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Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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Location Insight

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City
Niagara Falls
County
Niagara
State
New York
Longitude
-79.0437419
Latitude
43.0992247

FAQs

What type of property is this?
Triplex - Triplex with long-term tenants and potential for $2140 monthly rents.
Where is this triplex located?
The property is located at 1510 Ashland Ave Niagara Falls, NY.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: - Potential for $2140 monthly rental income.; - Newer roof (2018/2019), gutters (2023), and electrical panels.; - Long-term tenant (33+ years) in the 3-bedroom unit.
More about this property
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