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1130 Cleveland Ave Niagara Falls, NY 14305

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For Sale
Pending
$199,900

Fully rented triplex near Niagara Falls with recent updates.

Lot size:
0.15 Acres

Property Features for 1130 Cleveland Ave

General Information

Property type
Multi Family
Standard status
Pending
Lot size
0.15 Acres

Building Details

Year built
1900

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Listing Contact
Noah Munoz
Noah Munoz
Source: Elliman

Listing Agency: Iconic Real Estate Listing Agent: Noah Munoz

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

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Overview

Niagara Falls Turnkey Triplex

Located in Niagara Falls, NY, this all-brick triplex is a turnkey investment opportunity situated minutes from Niagara Falls State Park. The property is fully rented with reliable tenants in place since April 2023, offering consistent cash flow. Each unit has separate utilities. The first and second-floor apartments rent for $1,200 each, while the third-floor unit generates $700 monthly. Extensive updates were completed in 2019, including a new roof, new power and gas lines from the street, three new furnaces, three new hot water tanks, three updated electrical panels, and all new PEX plumbing and drains, including the main drain to the street. Additional improvements include updated kitchen cabinets, flooring, and light fixtures. The property is located less than 10 minutes from downtown attractions, shopping, and the Canadian border.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Niagara Falls
County
Niagara
State
New York
Longitude
-79.047755
Latitude
43.1069674

FAQs

What type of property is this?
Triplex - Fully rented triplex near Niagara Falls with recent updates.
Where is this triplex located?
The property is located at 1130 Cleveland Ave Niagara Falls, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: - Turnkey triplex investment property with strong cash flow and reliable tenants in place since April 2023.; - Prime location: Minutes from Niagara Falls State Park and less than 10 minutes from downtown attractions and the Canadian border.; - Extensive updates completed in 2019: New roof, power and gas lines, furnaces, hot water tanks, electrical panels, and PEX plumbing.
More about this property
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