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6-Unit Brick Apartment Building

616 Chestnut Ave Niagara Falls, NY 14305

New
616 Chestnut Ave, Niagara Falls, NY, 14305
$350,000
For Sale
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$350,000

Well-maintained, fully rented 6-unit brick building with studio and two-bedroom apartments plus shared coin laundry.

AddedJul 9
Days on Market7
Last RefreshJul 10 at 3:18 am

Property Features for 616 Chestnut Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1970

Listing office Keller Williams Realty Buffalo Northtowns

Listing date Jul 9, 2026

Source Elliman

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 Keller Williams Realty Buffalo Northtowns


Investment Insights

Based on property information with market context.

This well-maintained, fully rented 6-unit, all-brick apartment building offers six apartments across three floors, with two units on each level. The first floor includes two studio apartments, while the upper floors feature four two-bedroom apartments. The units have been recently painted and include newer flooring. Tenant electric is separately metered through six individual electric meters, while heat and water are included in the rent. A shared coin-operated laundry is located on the second floor.

The building includes a large 6+ car parking area and additional street parking for tenant convenience. It is located in the Deveaux area of Niagara Falls, just minutes from Niagara University, Seneca Niagara Casino, Bridges to Canada, and the Niagara Gorge.

Key Highlights

  • 1970‑built, all‑brick 6‑unit apartment building with six apartments over three floors
  • Unit mix: two studio apartments on the first floor and four two‑bedroom units on the upper floors
  • Fully rented with six separate electric meters; tenants pay their own electricity while heat and water are included in the rent

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Hair Salon Spa & Massage Center Nail Salon Law Firm HVAC Service Real Estate Agency Plumbing Service Kitchen & Bath Showroom Garden Center

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

FAQs

What type of property is this?
Apartment building - Well-maintained, fully rented 6-unit brick building with studio and two-bedroom apartments plus shared coin laundry.
Where is this apartment building located?
The property is located at 616 Chestnut Ave Niagara Falls, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1970‑built, all‑brick 6‑unit apartment building with six apartments over three floors; Unit mix: two studio apartments on the first floor and four two‑bedroom units on the upper floors; Fully rented with six separate electric meters; tenants pay their own electricity while heat and water are included in the rent
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