565 7th St, , NY 14301

Fantastic, money-making opportunity in downtown Niagara Falls just minutes to the Canadian borders & the State Park. So close that on a quiet night you can hear the sounds of the Niagara River as it crashes over the majestic Niagara Falls. Conveniently located steps away from downtown development & walking distance to two major employers in the city, the Casino and Memorial Hospital. Ideal location to host traveling nurses and doctors. 12 unit apartment building. Vintage 1920's. New, state of the art boiler system was installed in 2020. Plenty of off-street parking, extra lot included, garages. Outstanding opportunity to be part of Downtown Revitalization as the area begins to grow & values raise. Walking distance to the State Park. Following numbers have been provided by the Seller: Yearly income (potential) $130,440, Taxes: $9,448.00, Water & Sewer $14,633.76, Gas: $15,683.08, Trash Service: $800, Management fee (10%): $12,284, Maintenance and repair (10%): $12,384.00. 48 Hour notice a must. Within half mile of the recent State purchase of 34 downtown properties for 25 million dollars. Proposed 1.5 billion dollar data processing center development is 3 minutes away. Don't delay!

• Interior Features
• Circuit Breakers-Some
• Copper Plumbing-Some
• Laundry-Common
• Natural Woodwork-Some

• Rooms
• rooms

• Heating/Cooling

• Exterior Features
• Cable TV Available

• Exterior Style

• Basement
• Full