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328 Ferry Avenue

Niagara Falls, NY 14301
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Bed 7

Bed

Bath 5

Bath

SqFt3,948

Sqft

Acres0.07

Acre(Lot)

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 investor s 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. Also listed at MLS#B1692203

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Detail Ic Property Details

Property Type : Residential

Price : $287,500

AD Id : 87576973

MLS Id : B1694741

Beds : 7

Lot Size : 0.07 Acre

Living Area Size : 3,948

Year Built : 1919

County : Niagara

Subdivision: Renaissance

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 5 Full Baths: 4 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Hardwood, Varies, Vinyl
  • Interior Features

    Appliances: Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Other, See Remarks, Forced Air Has Cooling: Yes Cooling: Other

  • Building Information

    Year Built: 1919 Building Area Total: 3948 Construction Materials: Brick, Stucco Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 33X92 Main Square Feet: 0.0697 Acres Lot Size Acres: 0.0697 Lot Size Square Feet: 3036 Lot Description: Near Public Transit, Rectangular Lot

    Property Information

    Subdivision: Mile Reserve Source Property Type: Residential Property SubType: Multi Family Levels: Two Property Age: 107

  • Listing Price Information

    Listing Price: $287500 Cash, Conventional

  • Tax Information

    Parcel Number: 291100-159-029-0001-013-000 Tax Lot: 13 Annual Tax: $4513

  • Parking Information

    Concrete, On Street, Garage

  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: Ferry Avenue and 4th Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2821 Walnut Avenue, Niagara Falls, NY, 14301 $159,900 3 2 1,776 1,776 SqFt
536 26th Street, Niagara Falls, NY, 14301 $179,900 4 2 2,016 2,016 SqFt
543 25th Street, Niagara Falls, NY, 14301 $79,900 4 2 2,016 2,016 SqFt
2510 Pine Avenue, Niagara Falls, NY, 14301 $324,000 4 -- 5,160 5,160 SqFt
2501 Pine Avenue, Niagara Falls, NY, 14301 $340,000 3 2 4,175 4,175 SqFt
552 24th Street, Niagara Falls, NY, 14301 $350,000 12 4 3,024 3,024 SqFt
2409 Woodlawn Avenue, Niagara Falls, NY, 14301 $127,900 4 2 1,632 1,632 SqFt
612 23rd Street, Niagara Falls, NY, 14301 $169,900 3 2 1,460 1,460 SqFt
543 22nd Street, Niagara Falls, NY, 14301 $180,000 6 3 2,312 2,312 SqFt
2240 La Salle Avenue, Niagara Falls, NY, 14301 $144,900 5 2 2,650 2,650 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 07/10/2026 @ 17:47

MLS: B1694741 LISTED BY: Noah Munoz, Iconic Real Estate 716-236-7644 SOURCE: Western New York Real Estate Information Services (WNYREIS)

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