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| Up For Auction |
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1121 Linwood Ave, Niagara Falls NY |
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2 Family House. This beautiful property is ALREADY REMODELED AND FULLY RENTED. We just finished remodeling interior and exterior of this beautiful duplex. Already Fully Remodeled by a licenced contractor. Maintenance free property. (Please go to the Additional Details Section to see pictures before remodeling). Here are some updates done to the property:
New Plumbing
New Sewer
New Electric
New Roof Where Needed
New Gutters
New Drywall Where Needed
New lighting fixtures
New Glass Windows Where Needed
New Vinyl Floors and Subfloors
New Interior and Exterior Paint
New Carpet
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Two 2br/1ba apartments. Split level apartments. Each apartment features approx. 1000 SQT of living space with large bedroom areas and lots of closet space. First floor features, kitchen, dining room, living room. Bedrooms and bathroom located on Second floor. All Separate Utilitites, 2 water tanks, 2 Heating Units (forced air furnace), separate electric and gas meters!!! Tenants all utilities. |
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Less than 2 miles from Water Falls, Canada and New Casino and Resort. |
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The annual taxes on this property only $680 per year. |
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The house sits on a big lot 25' x 156'. The front and backyard is fenced in. Two car garage. |
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This home is free and clear and you will get a warranty deed with insurable title. No liens or back taxes.
This is a No Reserve Auction starting at only $25,500!!!
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We work with many out of area investors and we would be happy tohelp 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 and rented. This is a Maintenance free Duplex. |
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Already rented for $700/month. Tenants pay all utilities. Front apartment has 12 month lease from 10/1/2009. Back apartment 12 month lease from 9/1/2009. Each apartment is rented for $350 a month. Property management is available. Excellent tenants!
Excellent Return on Investment.
Your Return On Investment is over 30% per year!!!
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| Info About The Area |
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This is a Fantastic investment opportunity located just about 1 mile 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.
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Niagara Falls is a one of the top travel destinations in the world. The number of visitors is expected to total 20 million tourists a year. To increase tourism and bring more people to Niagara Falls they just opened a new Niagara Falls International Airport. The terminal was opened in October 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. The exterior is designed to reflect Niagara Falls water flow.
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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. |
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Now is the best time to buy in Niagara Falls ! Take advantage of the low real estate prices and dont wait until it becomes too late, and prices skyrocket.
Right now is the best time to invest in Niagara Falls, NY. According to CNN Money Buffalo/Niagara Falls is 1 of the 10 fastest growing real estate markets in the country!CNN Money reported that Buffalo,Niagara Falls is a 5th fastest growing real estate market in the country. They are expecting appreciation of 24,5 % over the next 5 years. |
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Beautiful Niagara Water Falls, New Casino, Canada and entertainment just about 1 mile 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.
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