
Est. Monthly
$616/MO
915 Ferry Avenue, Niagara Falls, NY
Rare Niagara Falls opportunity! Solid All-Brick two-story home located inside the City's designated short-term rental?Air Bn B zone!This spacious 4-bedroom, 2-full bath residence offers 1,636 sq ft plus a detached garage, combining classic brick construction with an exceptional tourist-destination location. Walk to Niagara Falls State Park, the Falls, Casino, downtown attractions, restaurants & entertainment, with Canada also within easy walking distance. Whether you're looking for a primary residence, investment or short-term rental opportunity, this location offers flexibility and potential, subject to applicable City of Niagara Falls rules & licensing requirements. All-Brick construction provides durability and timeless appeal, while four bedrooms, two full baths and a detached garage deliver the space. Properties offering all brick construction, 4 bedrooms, 2 full baths, a garage & location within the City's designated short-term rental zone are difficult to find. Even more exciting this property may be purchased as part of a Larger 9-unit Real Estate Portfolio! Create & instant Niagara Falls Real Estate portfolio consisting of this property plus 1511 Cleveland (2 units),1215-15th St, 1526 La Salle Ave (2 units),1305-15th St, all are are located within the City's Air Bn B short term rental zone, offering tremendous potential for an Investor seeking scale in one of Western New York's premier tourism markets. 1869 Weston and 1886 Weston Ave. 9 units total, providing an exceptional opportunity to acquire multiple income producing properties in one transaction. Whether purchasing this property individually or assembling the entire portfolio, this a rare opportunity to establish an immediate presence in the Niagara Falls short term-term rental & investment market. Live, invest, operate or build your portfolio-the opportunity is here!!! Long term tenants below market rents presently $65,940.00 per year. Based on estimated current market rents, the same portfolio has the potential to generate approximately $130,200 per year in gross long-term rental income representing approximately $64,260 of additional annual rental income potential through proper rent optimization.
Est. Monthly Payment
$616.20
Private Mortgage Insurance
Not required
Private Mortgage Insurance
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