East Side

640 7th Street

$200,000

● Multifamily - Off Market

640 7th Street

Niagara Falls, NY 14301

4 Beds

3 Baths

2,523 Ft²

$1,154

Est. Monthly

About This Property

Welcome to 640 7th St! Great investment property located in the heart of Niagara Falls. There are two houses in same lot, the brick two family house is currently being used for short term rental(airbnb) and generating approximately $47k yearly and other house is vacant, could be used for additional rental income or owner occupant. It's a very well maintained and professionally managed by a property management company. There are so many updates have been done in last few years, this property doesn't need anything but its new owner. Great Location! This property is conveniently located few minutes from falls, Canadian border, schools, colleges, groceries, hospital, restaurants , City Hall and lots of amenities this neighborhood has to offer. Offers will be reviewed as they come in. Don't wait! Don't miss this golden opportunity to own this cash cow!

Unit Size

2,523 Ft²

Days on Market

231 days

Land Size

0.12 acres

Price per sqft

$81

Property Type

Multifamily

Property Taxes

$147

HOA Dues

Year Built

1920

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Last updated: 4 months ago (NYSAMLS #B1499150)

Price History

Date / Event	Date	Event
May 8, 2024	Sold	Premium
Sold
Sep 20, 2023	Listed by Towne Housing Real Estate	$204,900
Listed by Towne Housing Real Estate
Nov 12, 2020	Sold	Premium
Sold
Jul 31, 2015	Sold	Premium
Sold

Property Highlights

Garage

Parking Details

Has Garage

Parking Features: Garage

Garage Spaces: 4

Interior Details

Full Bathrooms: 3

Appliances: Gas Water Heater

Flooring Type: Carpet, Hardwood, Tile, Varies, Vinyl

Basement: Full

Exterior Details

Square Footage: 2523

Property Condition: Resale

Year Built: 1920

Building Area Total: 2523

Construction Materials: Brick

Lot Features: Near Public Transit

Lot Size Area: 0.1212

Lot Size Units: Acres

Lot Size Acres: 0.1212

Lot Size Square Feet: 5280

Lot Size Dimensions: 40X132

Tax Lot: 6

Water Source: Public, NotConnected

Financial Details

Tax Assessed Value: $35,900

Tax Annual Amount: $1,765

Utilities Details

Heating Type: Natural Gas, Forced Air

Sewer : Connected

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Comparables

Past Sales

Date	Beds	Baths	Sqft	Price	Closed	Listed By
20230920 09/20/2023	4 Bed	3 Bath	-	$204,900 4 Bed 3 Bath	$200,000 -2.39% 05/08/2024	Sabbir Ahmed Elite Synergy Realty Inc
20200721 07/21/2020	Studio	-	2523 ft²	$75,000 Studio - 2523 ft²	$67,500 -10.00% 11/12/2020	Andrew Scott WNY Metro Roberts Realty
20141012 10/12/2014	Studio	-	2523 ft²	$47,500 Studio - 2523 ft²	$38,000 -20.00% 07/31/2015	Pushpa Gunatilake Pioneer Star Real Estate Inc.