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- Description
- Property Details
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- Facts & Features
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Street View
$287,500
Monthly Est:$1,431
5 Beds
-- Bath
3,948sqft
328 Ferry Ave, Niagara Falls, NY 14301
$287,500
$1,431/moEst:
Get Pre-Approved
Multi Family
Built in 1919
$-- HOA
0.07 acre lot
$73/sq.ft
Description
High Cash-Flow Investment Opportunity – 5 Units on One Lot Near Niagara Falls!
Don't miss this exceptional income-producing investment featuring 5 rental units across 2 properties on one lot in one of Niagara Falls' most desirable investment locations. Currently generating $4,850 per month in rental income with reliable, long-term tenants, this property offers immediate cash flow from day one.
Ideally situated just a couple of blocks from the world-famous Niagara Falls, the Canadian border crossing, and Seneca Niagara Resort & Casino, this property is positioned in a high-demand rental market with strong long-term appreciation potential. Its prime location provides easy access to tourism, employment, entertainment, and international travel, making it attractive to both tenants and investors alike.
Whether you're looking to expand your portfolio or secure a solid cash-flowing asset, this is an opportunity worth considering. The current owner is selling as part of a portfolio upgrade, creating an excellent chance for the next investor to acquire a proven income-producing property.
- Houzeo last checked: 12 hours ago
- Listing updated: July 21, 2026 at 10:51 pm
- Listing Provided by: Noah Munoz (716) 404-5470 DRE #10401311565 | Iconic Real Estate (716) 236-7644
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: B1692203
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1919
HOA Fees
-
Finished Area
3,948 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
B1692203
MLS Status
Pending
Days on Market
103
Cumulative Days on Market
22
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathroom: --
Interior
Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Sewer
Connected
Interior Features
Natural Woodwork
Flooring
Carpet, Hardwood, Varies, Vinyl
Cooling
Other, See Remarks
Heating
Gas, Other, See Remarks, Forced Air
Exterior Features
Concrete Driveway
Construction
Year Built
Year Built: 1919
Home type
Multi Family
Roof
Flat
Property Condition
Resale
Construction Materials
Brick, Stucco
Utilities & Energy
Parking Features
Two Spaces, Driveway, Garage, No Garage
Utilities
Sewer Connected, Water Connected
Basement
Full
Electric
Circuit Breakers
Water Source
Connected, Public
Other Features
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Community Features
Other, See Remarks
Subdivision Name
Mile Reserve
Price History
| Date | Event | Price |
|---|---|---|
07/21/2026 Source: | Off Market | $287,500 $73/sqft |
07/21/2026 Source: | Pending | $287,500 $73/sqft |
06/29/2026 Source: | Listed for Sale | $287,500 +79.69% $73/sqft |
10/06/2021 Source: | Price Increased | $160,000 +22.14% $41/sqft |
10/06/2021 Source: | Price Increased | $131,000 +424.00% $33/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Sep 30, 2026, 03:45PM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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