UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,527 sqft
Price per Sqft $55
Subdivision Mile Reserve
MLS Listing ID B1721326
Bedrooms 4
Construction Status Existing
HOA Y/N No
Year Built 1948
Annual Tax Amount $4,883
Lot Size 9,313 Sqft
Acres 0.2138
Lot Dimensions 69X135
Property Sub-Type Other
Property Description
The property includes a five-unit building and a separate two-unit building, July 2026 rent roll lists tenants in all seven units, at approximately $67,857 per unit, the offering provides an accessible opportunity to acquire multiple rental income streams in one transaction.
Updated utilities and separate meters for each apartment support efficient management, while interior improvements include refreshed paint, cabinetry, and flooring. A large garage adds flexibility for storage or potential additional rental income. Storage use for additional income offered with attached garage space
Conveniently located near Niagara Falls State Park, Canadian border crossings, downtown attractions, shopping, and employment centers, the property offers access to both everyday amenities and the region's tourism economy. Continued investment in Niagara Falls housing, mixed-use redevelopment, and public spaces adds context for buyers considering a long-term foothold in the market.
With an established rent roll, two separate structures, and versatile garage space, 1703–1705 Pierce Avenue offers a practical opportunity to expand a rental portfolio in Western New York.
Location
State NY
County Niagara
Community Mile Reserve
Area Niagara Falls-City-291100
Rooms
Basement None
Interior
Heating Gas, Forced Air
Flooring Carpet, Luxury Vinyl, Varies
Fireplace No
Appliance Free-Standing Range, Gas Water Heater, Oven, Refrigerator
Exterior
Community Features None
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage No
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Brick,Vinyl Siding
Construction Status Existing
Schools
School District Niagara Falls
Others
Senior Community No
Tax ID 291100-144-064-0004-040-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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