BEDS8
BATHS2 full
SQUARE FEET2,514
MLS#B1692826
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONStedman Farm
SCHOOLNiagara Falls
Property Description
Cash flow is king, and 442 18th Street delivers. This two-family property generates $22,800 annually in rental income and is projected to offer a cap rate exceeding 12% at the current list price. Offering over 2,500 square feet of living space with 8 bedrooms and 2 full bathrooms between the two units, this is an opportunity for investors seeking immediate income with future upside potential. In addition to its strong income-producing capabilities, the property features a fully fenced backyard complete with a deck, providing outdoor space that tenants will appreciate. Whether you're looking to expand your portfolio or purchase your first multifamily investment, this property offers the combination of size, cash flow, and affordability that is becoming increasingly difficult to find. Bring your vision and unlock the full potential of this income-producing asset.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Fenced: Yes
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $2,422
Year Built: 1930
Amenities
Deck
Fully Fenced
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 1
Exterior: Composite Siding
Fencing: Full
Flooring: Carpet, Laminate, Varies
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 30X130
Parcel#: 291100-159-032-0003-024-000
Parking: On Street
Parking Notes: On Street
Patio/Porch: Deck
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Niagara Falls
Listed By / Shown By
Listing By
Agency Name: Howard Hanna WNY Inc.
Agency Contact: 716-957-0656
Shown By
Agent Name: Chris Lavey
Agent Phone: (716) 480-9507
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 579.17 per month $333.61 Principal & Interest $201.83 Property Tax $43.72 Homeowner's InsuranceChange Payment Information
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442 18th Street | MLS# B1692826
This multi-family property located at 442 18th Street, Niagara Falls, NY 14303 is currently listed for sale with an asking price of $149,900. 18th Street is located within the Niagara Falls school district. Search Niagara Falls real estate on www.chrislavey.com today.