Up For Auction 1831 Pierce Ave & 1831 1/2 Pierce Ave, Niagara Falls NY Collect $1,300 a month in rental income @ 2 Houses on 1 lot!!! Rare opportunity to buy a fully remodeled property that comes with 2 houses on 1 lot. We just finished remodeling interior and exterior of this beautiful property. Maintenance free property. Here are some updates done to the property: New Plumbing New Sewer New Electric New Roof Where Needed New Drywall Where Needed New lighting fixtures New Glass Windows Where Needed New Vinyl Floors and Subfloors New Interior and Exterior Paint New Carpet ***Collect $15,600 a year!!!*** Return on this investment will be over 40% per year !!! Front house comes with 2 large apartments with all separate utilities (separate heat, electric) so tenants pay for thier own gas,electric, cable etc. Back house is a small single family with 2 car garage (separate utilities). Both houses are Fully Remodeled and no work is needed. 100% rent ready. We have a professional property management company standing by ready to rent them for you. Less than 2 miles from Water Falls, Canada and New Casino and Resort. The annual taxes on this property only $980 per year for both houses. The house sits on a big lot 33' x 135'. The front and backyard fenced in. Two car garage. This home is free and clear and you will get a warranty deed with insurable title. No liens or back taxes. This is a high demand rental area! We work with many out of area investors and we would be happy to help you in obtaining insurance, property management etc. Don't gamble buying a " Fixer Upper" and then spent 10's of thousand of dollars. This property is already professionally remodeled. This is a Maintenance free property. Right now we are in the middle of the worst global economic downturn. Take your money out from sinking stock markets and investment firms before its too late and invest in high cash flow rental properties. Don't miss out on this excellent deal. Return on this investment will be over 40% per year !!! Fantastic investment opportunity just about 1 mile from a major $400 million Seneca Casino and American & Canadian Falls and attractions. In aRecent 2009 report on Forbes.com conducted by Moodys Economy.com , Buffalo/Niagara Falls area is rated as the nations 4th best housing market !!! Right now is the best time to invest in Niagara Falls, NY. CNN Money.com in their recent report rate Buffalo,Niagara Falls as 5th fastest growing real estate market in the country. They are expecting appreciation of 24,5 % over the next 5 years. Info About The Area This is a Fantastic investment opportunity located just about few minutes from a major $400 million Seneca Casino and Resort. The Governor and the state have made it their goal to completely overhaul Niagara Falls and things are happening quickly. The Seneca Nation has big plans for Niagara Falls, including developing a 350,000 SQT complex of inter-connected hotels, entertainment venues, restaurants and other attractions. They have already purchased over 50 acres of land in downtown Niagara Falls. Initial anticipated completion date of the entire Seneca gaming and resort facilities is 2011. It will include Seneca entertainment complex, Seneca Niagara Conference Hotel, Seneca Niagara Casino & Hotel and Seneca Niagara Grand Hotel & Casino. Niagara Falls is a one of the top travel destinations in the world. The number of visitors is expected to top 20 million tourists a year. To increase tourism and bring people to Niagara Falls they are currently bulding a new 65,000 square foot terminal with two gates at the Niagara Falls International Airport. The terminal will be opened in November of 2009 and several major airlines already expressed interest to start domestic and international service. The airport will be able to accommodate aircraft ranging up to a Boeing 747 in size. Another big project is $75 million dollars Niagara Experience center. The Experience Center is planned to be a themed attraction showing visitors the beauty, majesty and history of Niagara Falls with interactive rides and world-class exhibits. Seneca Casino | Niagara Experience Center | Niagara Falls Live | Niagara University | Niagara Falls Redevelopment Beautiful Niagara Water Falls, New Casino, Canada and entertainment just few minutes from this property!     Closing will be handled by an Attorney after the auction closes and usually takes as little as 5 to 7 days to transfer ownership after funds are recieved although sometimes it may take longer. Closing costs will be $599 and included deed preparation, transfer tax,overnight mail and attorney fees. Buyer must contact us within 24 hours to arrange final settlement and fulfillment. Payment is due within 72 hours. This Property Sold "as is", no warranties expressed or implied. All information is deemed reliable but not guaranteed This is a final and cash only sale. This home is free and clear and you will get a warranty deed with insurable title.

Payment must be received within 3 days of the close of the auction.

PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.