1215 15th Street

Description

The property is located within the City of Niagara Falls AirBnB/short-term-rental zone, making its location especially attractive for buyers interested in short term rental possibilities. One of the standout features is the maintenance-free exterior. Inside, this home offers a practical three-bedroom layout with plenty of potential to make it your own. Location is a major advantage! Enjoy being only approximately a 10-minute drive to Niagara Falls State Park and the Canadian border, placing you close to one of the world's most famous tourist destinations, restaurants, entertainment, shopping and international attractions. Why rent when you can own? Instead of writing a rent check every month with nothing to show for it, Homeownership gives you the opportunity to build equity, create long-term wealth and control your own property. Whether you're looking for a place to call home or an investment opportunity 1215-15th Street deserves a look. Even more exciting this property may be purchased as part of a Larger 9-unit Real Estate Portfolio! Create & instant Niagara Falls Real Estate portfolio consisting of this property plus 1511 Cleveland (2 units), 915 Ferry Ave, 1526 LaSalle Ave (2 units),1305-15th St, all are are located within the City's AirBnB short term rental approved zone, offering tremendous potential for an Investor seeking scale in one of Western New York's premier tourism markets. 1869 Weston and 1886 Weston Ave also included. 9 units total, providing an exceptional opportunity to acquire multiple income producing properties in one transaction. Whether purchasing this property individually or assembling the entire portfolio, this a rare opportunity to establish an immediate presence in the Niagara Falls short term-rental & investment market. Live, invest, operate or build your portfolio-the opportunity is here!!! Long term tenants below market rents presently $65,940.00 per year. Based on estimated current market rents, the same portfolio has the potential to generate approximately $130,200 per year in gross long-term rental income representing approximately $64,260 of additional annual rental income potential through proper rent optimization.