USANYNiagara FallsMile Reserve Niagara Fall368 Spruce Ave
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$159,900

For Sale

4 days ago

368 Spruce Ave, Niagara Falls, NY

House

MLS® B1675266

5 Bed

4 Bath

2839 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2839 sqft
Garage Yes
Taxes $1,335
Days Active 3
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $56
MLS® Number B1675266

Property Address: 368 Spruce Ave, Niagara Falls, NY, 14301-1034

Average square foot calculated using Size range provided by listing agent.

Description

Unlock Incredible Cash Flow at 368 Spruce Ave! Whether you are a seasoned investor looking for your next "cash cow" or a first-time buyer wanting to live for free while tenants pay your mortgage, this versatile multi-unit property in the heart of Niagara Falls is a must-see. Located within the coveted Niagara Falls short-term rental (Airbnb) zone, this property offers an elite opportunity to tap into the city’s thriving tourism market. Nature lovers and fitness enthusiasts will also appreciate being just a very short walk to the scenic Niagara Gorge bike path. The building currently features a high-demand layout consisting of two spacious 2-bedroom units and one 1-bedroom unit. Investor's take note: Unit 1 offers an incredible "value-add" opportunity, as it can easily be converted into two separate 1-bedroom units to maximize your door count and monthly rental yield. The property has been thoughtfully maintained, featuring a brand-new boiler system, ensuring lower maintenance costs for years to come. With nearly all units delivered vacant, you have the rare advantage of setting your own market rents from day one or moving into your preferred suite immediately. Situated on a generous lot with a 1-car garage and carport. Boasting natural woodwork and a solid foundation with high ceilings, this property is perfectly positioned to be a top-performer in your portfolio. Don't miss this chance to own a high-cap rate asset in an area of steady demand.
MLS® NumberB1675266
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementFull
DrivewayConcrete, Two Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$159,900List Price
  • Commute

Commute

Starting Address
Destination Address
368 Spruce Ave, Niagara Falls, NY

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Marcy Dexheimer Wangelin

Listing Agent

Marcy Dexheimer Wangelin

[email protected]
716-940-2591
James Wangelin

Listing Agent

James Wangelin

[email protected]
716-903-3198
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