451 12th ST Niagara Falls, NY 14303

UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $35
Subdivision Mile Reserve
MLS Listing ID B1638077
Style Duplex
Bedrooms 6
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1915
Annual Tax Amount $1,394
Lot Size 4,290 Sqft
Acres 0.0985
Lot Dimensions 32X132
Property Sub-Type Multi Family
Property Description
The home already benefits from updated plumbing, newer windows, and strong structural integrity , setting the stage for a straightforward renovation. While cosmetic and mechanical upgrades (kitchens, baths, flooring, and electrical service) are anticipated, NORLIC's expert team has done the legwork alraedy to seal the envelope. Estimates are roughly $50,000 of targeted improvements still needed, this property can reach a market value of $120Kâ$140K, making it a smart equity play.
Located in a short-term rental approved zone, the property also opens the door to lucrative Airbnb/STR strategies , or simply a classic long-term rental for stability. Investors will appreciate the solid siding, potential for a porch upgrade, and flexible floor plans that allow both quick clean-and-paint finishes or higher-end renovations to maximize returns.
Location
State NY
County Niagara
Community Mile Reserve
Area Niagara Falls-City-291100
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Other, See Remarks
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Structure Type Other,Vinyl Siding
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-159-031-0003-084-000
Acceptable Financing Cash, Rehab Financing
Listing Terms Cash, Rehab Financing
Special Listing Condition Real Estate Owned
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