Niagara Falls, NY 14301,423 Elmwood AVE
Niagara Falls, NY 14301,423 Elmwood AVE
Niagara Falls, NY 14301,423 Elmwood AVE
24
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$125,000
Est. payment /mo
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4 Beds
2 Baths
2,232 SqFt
Pending

423 Elmwood AVE Niagara Falls, NY 14301

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Michael Ablan

Michael Ablan

+1(315) 286-3256

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,232 sqft

Price per Sqft $56

Subdivision Mile Reserve

MLS Listing ID B1646972

Style Duplex

Bedrooms 4

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1956

Annual Tax Amount $1,366

Lot Size 4,944 Sqft

Acres 0.1135

Lot Dimensions 43X115

Property Sub-Type Multi Family

Property Description

Welcome to 423 Elmwood Ave in Niagara Falls, NY! Located in the highly desirable Airbnb district, this duplex offers strong rental income and unbeatable proximity to some of Niagara Falls' best attractions. Just steps from the beautifully restored Gorge Walking Trail and only a 5-minute drive to Niagara Falls State Park, the Canadian border, restaurants, and shopping — the location can't be beat.
The property features a main floor 4-bedroom unit renting for $1,100/month plus electric, with tenants also leasing the garage for $70/month. Upstairs, the 3-bedroom unit rents for $1,000/month plus electric. Recent updates include new flooring in both kitchens, hallways, bathrooms, and the back room, fresh paint throughout the apartments, entrances, and common areas, and refinished hardwood floors. The main floor layout was thoughtfully reconfigured to create an additional bedroom, maximizing rental flexibility and income.
Additional improvements include bathroom repairs, a newly opened basement for better moisture control, a new flat roof over the back deck, and brand-new shingles on the garage.
Whether you're looking to add a solid income-producing property to your portfolio or take advantage of its short-term rental potential in one of the city's hottest districts, 423 Elmwood Ave is a turn-key investment with lasting appeal.

Location

State NY

County Niagara

Community Mile Reserve

Area Niagara Falls-City-291100

Rooms

Basement Full

Interior

Interior Features Natural Woodwork

Heating Gas, Forced Air

Flooring Hardwood, Varies

Fireplace No

Appliance Gas Water Heater

Laundry Common Area

Exterior

Exterior Feature Balcony, Patio

Garage Spaces 2.0

Community Features Trails/Paths

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt,Flat,Shingle

Porch Balcony, Patio

Garage Yes

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Foundation Poured

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Level or Stories Two

Structure Type Composite Siding

Construction Status Existing

Schools

School District Niagara Falls

Others

Senior Community No

Tax ID 291100-144-069-0002-007-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://clear-capture.aryeo.com/sites/qnxzawb/unbranded

Listed by Iconic Real Estate

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 5
  • 5

    Harry F Abate Elementary School

    Public | PK - 6

  • 4

    Maple Avenue School

    Public | PK - 6

  • 3

    Hyde Park School

    Public | PK - 6

  • 2

    Henry J Kalfas Magnet School

    Public | PK - 6

  • 2

    Niagara Street School

    Public | PK - 6

Middle Schools 1
  • 3

    Gaskill Preparatory School

    Public | 7 - 8

School and business data provided by Attom Data.

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Michael Ablan

Michael Ablan

NYS Lic. R.E. Broker / Owner / CEO | License ID: 10491209935

+1(315) 286-3256

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