Niagara Falls has a wide selection of Investment properties for sale.   Here is the current market report for the City of Niagara Falls including DeVeaux and LaSalle:

• As of today, there are 103 active listings and 15 pending/under contract listings in the City of Niagara Falls with an average list price of $50,139.  The highest list priced multi-family unit (2-4 units) is listed for $159,000 the lowest list price is $5,900.
• Since January 1, 2008 there has been a total of 15 closed multi-family units with an average sale price of $31,026 spending an average of 86 days on the Market (DOM).  Highest sold multi-family sold for $55,000 (283 DOM) and lowest sold multi-family sold for $6,000.

There is great interest in investment properties in Western New York and Niagara Falls not only from local investors, but those Foreign Investors looking for a great return and positive cash flow.  Here is a brief breakdown of those multi-family homes under $20,000:

Duplex Listings under $20,000

• 1609 13th listed for $5900
• 1920 walnut listed for $9900
• 1347 Pierce listed for $9900
• 526 18th listed for $13720
• 541 20th listed for $14900
• 1123 Whitney listed for $15000
• 1311 Whitney listed for $17000
• 528 19th listed for $17900
• 2231 Cudaback listed for $19000
• 2425 Orleans listed for $22000
• 1209 15th listed for $23900
• 1751 LaSalle listed for $24900
• 919 Cedar listed for $24900

 Triplex Listings under $20,000

• 1509 8th listed for $14400
• 608 20th listed for $16900
• 545 20th listed for $19900
• 514 20th listed for $19900

Quad Listing under $20,000

• 1152 Haeberle listed for $14900

Interested in purchasing a Niagara Falls Investment property?   Call Colleen Kulikowski at (716) 743-5297 today for more information and a complete list of available properties.  View additional WNY Market Area Statistics here.

 

All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.

Read Also:

City of Niagara Falls Single Family Homes Market Report March 2008

DeVeaux Single Family Homes For Sale Market Report March 13, 2008

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