1113 Main Street, Niagara Falls, NY 14301

$109,900
4
BD
2
BA
2,290
SqFt

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List Price
$109,900
Status
ACTIVE
MLS#
B1669166
Price Change
▼ $10,000 1778293312
Year Built
1930
Stories
2
Bedrooms
4
Bathrooms
2
Acres
0.15
Living Area
2,290
Subdivision
Henry W Clark
Region
Niagara Falls
Neighborhood
Henry W Clark

Property Description

Positioned on one of Niagara Falls' most visible & heavily traveled corridors, 1113 Main Street presents an exciting opportunity for the savvy investor, entrepreneur, or redevelopment-minded buyer looking to capitalize on location, zoning, & upside potential. This approximately 2,290 square feet vinyl & stucco-sided property is currently configured as a two-family residence, offering two bedrooms in each unit, plus an additional room off the rear of the property that opens the door to even more possibilities. Whether you're looking to renovate and hold as an income-producing asset, create a hybrid use property, or reimagine the layout to maximize returns, this property offers the kind of flexibility that today's investors are searching for Prime Main Street Spot. Location is everything, & this property delivers. Situated right on Main Street, this building enjoys excellent visibility, strong accessibility, & proximity to one of the most visited destinations in the world. Being located just minutes from the world-famous Water Falls & borders Canada. Breath taking views of the mighty gorge minutes away priceless. Buyers looking toward the future, one of the biggest advantages here is the property's location within the short-term rental/AirBnB-allowed zone, creating a compelling opportunity to explore alternate income strategies, subject to local rules, licensing, & approvals. Destination market like Niagara Falls, the ability to own property in an area where short-term lodging potential exists can be a major long-term value driver. This is not a "turnkey" property-and that's exactly where the opportunity lies. The property does need work, but it is being offered at a price point that allows room for a buyer to make improvements, add value, & unlock greater profitability over time. The C2-A zoning designation is another key feature that adds to this property's appeal. Great investments are often bought in "as is" condition & improved over time. The bones, the square footage, the location, the layout, & the zoning all combine to create a compelling value-added opportunity. Most recognizable destination in the world. People from around the globe know Niagara Falls.

Additional Information

Taxes
$1,765
Interior Features
Eat-in Kitchen, Separate/Formal Living Room, See Remarks, Bedroom on Main Level, In-Law Floorplan
Exterior Features
Blacktop Driveway
Style
Two Story
School District
Niagara Falls
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Howard Hanna WNY Inc.. Contact: 716-691-5800