Niagara Falls Triplex
For Sale
$140,000
1510 Ashland Avenue, Niagara Falls, NY 14301
Triplex with long-term tenants and potential for $2140 monthly rents.
Property Size2,194 SF
Days on Market884
Property Features for 1510 Ashland Avenue
General Information
Standard status
Active
Size
2,194 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$793
Building Details
Building Size
2,194 SF
Year Built
1906
Listing Agency:
Coldwell Banker Integrity Real Estate
Listed By:
Lisa J Kresman · License #10401203973
(716) 940-5676
Source:
Highfallssir
Added: May 18, 2024
Changed: Oct 9
Last Checked: Oct 16 at 4:04PM
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 Coldwell Banker Integrity Real Estate
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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 Avenue 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.
