3 bedroom house for sale

Overview

Exciting opportunity to be part of the transformational redevelopment of Niagara St! Very large (7, 731 total sq ft), brick, mixed-use investment property with reliable cash flow. Sale includes two buildings (540 Niagara St and 544 Niagara St). Property consists of: two storefront businesses (one barbershop, one restaurant/bakery, both well established and successful); a three bedroom townhome (tenant occupied); a partially gutted two bedroom townhome; and a two bedroom upper apartment (vacant). Separate utilities. Full, dry basement. Driveway, two car detached garage, and additional parking in the rear. Property is centrally located between downtown, Peace Bridge into Canada, Buffalo Niagara Medical Campus, D'Youville College, Allentown, and Elmwood Village. Close proximity to major thru-way systems. Current gross annual income $55, 800. With renovation of the partially gutted townhome and leasing of the vacant two bedroom upper apartment, potential gross annual income $85, 800.

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