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Owner finance

$359,000

1414 Main St

Niagara Falls, NY 14305

Beds4
Baths4
Sq ft7,965
Year built1920
Rent estimate$1,314/mo
Listed by

Frank A Pietrangeli, Hooper Realty · (716) 531-3080

What the listing says

SELLER FINANCING AVAILABLE TO QUALIFIED BUYER with 50% down and rate 10% amortized over 30 years with a 5 year call. Verbal Offers accepted. Well exposed Main street location on a busy corner, across from Library. Lockbox for apartment only. Restaurant key at Hooper Office. Full bar and kitchen. Full basement 4 upper apartments with 4 furnaces and hot water tanks and electric meters. Full Basement. Parking adjacent and on corner included in sale. Parking lot address is 1418 Main St 73 x 99 sbl 144.62-02-09-0 assess value is 13,700. Great opportunity for a good cashflow investment. Potential income could be 6000.00 per month plus. Also Listed as Commercial B1712976

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Multi-Family

Lot Size

4,830.804 sq ft

HOA

None

More owner-financed homes near Niagara Falls

Questions about owner financing in Niagara Falls

What is owner financing for 1414 Main St?

Owner financing means the seller of 1414 Main St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Niagara Falls, NY home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Niagara Falls home?

There is no standard down payment. The seller of this Niagara Falls home sets their own, and it is negotiable. Ask the seller or their agent.

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