$299,900
PENDING

Estimated payment $1,924/month

Total Views 15,574
7 Beds
4 Baths
8,527 Sq Ft
$35 Price per Sq Ft

Highlights

  • 0.21 Acre Lot
  • Forced Air Heating System
  • Carpet
  • Property is near public transit
  • Rectangular Lot

About This Home

This 7-unit multi-family complex, spread across two separate structures on a single lot, is an incredible investment opportunity. With its updated utilities and separate meters for each unit, it offers a hassle-free, turnkey operation. Currently generating $3,800 in monthly rental income and has two vacant units, this property is a true cash cow. Each unit has been refreshed with new paint, cabinetry, and flooring, ensuring modern living spaces that attract reliable tenants. Additionally, the large garage space offers the potential to be transformed into an automobile workshop, adding another revenue stream or enhancing the property’s versatility. Situated less than 10 minutes from Niagara Falls State Park and the Canadian border, this complex enjoys a prime location with proximity to one of the region's major tourist destinations, ensuring high demand. Whether you're an investor looking for solid returns or someone seeking a property with both rental and business potential, this is a rare find that checks all the boxes.

Listing Agent

Jayson Parker

Listing by Iconic Real Estate License #10401330743 Listed on: 03/05/2025

Iconic Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 1948

Lot Details

  • 9,315 Sq Ft Lot
  • Lot Dimensions are 69x135
  • Rectangular Lot

Parking

  • 6 Car Garage
  • Parking Available

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 8,527 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 291100-144-064-0004-040-000

Community Details

Overview

  • 4 Units
  • Mile Reserve Subdivision

Building Details

  • 7 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,388

Year Built

Built in 1948

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1948
  • Lot Features: Near Public Transit, Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Mile Reserve
  • Directions: 17th to Whitney
  • Flooring: Carpet, Luxury Vinyl, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2138
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: Parking Available

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Niagara Falls

Lot Info

  • Parcel Number: 291100-144-064-0004-040-000
  • Lot Dimensions: 69X135
  • Lot Size Sq Ft: 9315.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 7
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7

Tax Info

  • Tax Annual Amount: 3388.0
  • Tax Lot: 40

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $299,900 -- $35 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Similar Homes in Niagara Falls, NY

  • 1023 15th St, Niagara Falls, NY 14301

    $229,900

    • 5 Beds
    • 4 Baths
    • 2,304 Sq Ft
    • 1023 15th St
    • Niagara Falls, NY

    Opportunity is knocking Niagara Falls!!!! This 100% rental-ready brick fourplex in Niagara Falls offers solid cash flow potential—generating over $4,000/month in projected rent. Each unit has been freshly updated and presents beautifully. The unit make up consists of 1 two bedroom apartment and 3 one bedroom apartments. There is a full basement and cute backyard with a patio. With low

    Renee J. Moran Red Door Real Estate WNY LLC

    Section Image
  • 625 22nd St, Niagara Falls, NY 14301

    $269,900

    • 7 Beds
    • 4 Baths
    • 3,557 Sq Ft
    • 625 22nd St
    • Niagara Falls, NY

    WOW!! Look at this TURN-KEY 4 UNIT with a 3 car garage at 625 22nd St in Niagara Falls. So many updates in the last 2-3 years...Exterior painted, concrete driveway, all replacement windows, 3 new hi eff furnaces, 1 Mitsubishi Mini split heating/cooling system in the back unit, 3 new CA, Roof was re-shingled in 2023, 4 hot water tanks, 5 new electric panels, interiors painted...over $155k in

    Ranaiah Sunstar Red Door Real Estate WNY LLC

    Section Image
  • 545 15th St, Niagara Falls, NY 14301

    $370,000

    • 5 Beds
    • 2 Baths
    • 2,120 Sq Ft
    • 545 15th St
    • Niagara Falls, NY

    Welcome to 545 15th St, Niagara Falls!This fully furnished 2-unit family house 5 bedrooms 2 full bath septate entrance is located in a designated Airbnb zoning area, making it a perfect investment opportunity. The current owner is successfully operating it as a short-term rental and generating passive income.2 Central heating FURENCE & 2 Separate central AC unit also 2 car garage the sale

    Awais Rehman Red Door Real Estate WNY LLC

    Section Image
  • 435 12th St, Niagara Falls, NY 14303

    $269,000

    • 8 Beds
    • 3 Baths
    • 3,318 Sq Ft
    • 435 12th St
    • Niagara Falls, NY

    Investor’s Dream! Solid 3-Unit Brick Property An incredible opportunity to own a fully updated 3-unit BRICK property in a high-demand area! Ideal for investors or owner-occupants—move into one unit and enjoy rental income from the other two.? Freshly painted and move-in ready??? Each unit is spacious and well-maintained?? Private backyard for outdoor enjoyment?? Excellent

    Rabia Ellahi Red Hawk Real Estate

    Section Image
  • 425 12th St, Niagara Falls, NY 14303

    $227,000

    • 6 Beds
    • 2 Baths
    • 2,900 Sq Ft
    • 425 12th St
    • Niagara Falls, NY

    Fully Remodeled 2-Family BRICK 3/3 double house on prime location in Niagara Falls. Great Investment in the AIRBNB area or Owner-Occupancy Opportunity! This beautifully updated two-unit property is the perfect opportunity for investors or owner-occupants seeking a move-in-ready property with excellent income potential. Each unit features three bedrooms and one full bathroom, with separate

    Rabia Ellahi Red Hawk Real Estate

    Section Image
  • 123 6th St, Niagara Falls, NY 14303

    $240,000

    • 5 Beds
    • 2 Baths
    • 2,198 Sq Ft
    • 123 6th St
    • Niagara Falls, NY

    Turnkey Two-Family in Prime Niagara Falls Location – Ideal Airbnb or InvestmentLocation, location, location! This beautifully renovated two-family home sits in the heart of Niagara Falls’ Airbnb-approved zone, offering the perfect opportunity for seasoned investors or those looking to launch their rental portfolio.The home features a 2-bedroom lower unit and a 3-bedroom upper unit, each

    Victoria Skrlin-Kozak Iconic Real Estate

    Section Image
  • 22 B St, Niagara Falls, NY 14303

    $250,000

    • 6 Beds
    • 4 Baths
    • 3,080 Sq Ft
    • 22 B St
    • Niagara Falls, NY

    Fully Renovated Turnkey Tri-Plex in Niagara Falls – A Prime Investment Opportunity - Welcome to 22 B Street, Niagara Falls — a rare opportunity to own a fully rehabbed tri-plex just off Hyde Park Blvd. This side-by-side multi-unit property features three separate residences, each with its own dedicated heating, electrical, and mechanical systems.Perfect for investors, corporate

    Christina Kramp Howard Hanna WNY Inc.

    Section Image
  • 6018 Devlin Ave, Niagara Falls, NY 14304

    $280,000

    • 5 Beds
    • 3.5 Baths
    • 2,384 Sq Ft
    • 6018 Devlin Ave
    • Niagara Falls, NY

    Welcome to 6018 Devlin Ave, Niagara Falls – a solid 2-unit duplex presenting a fantastic opportunity for both homeowners and investors! Recent updates include new carpeting, fresh paint, updated kitchens and bathrooms, updated electrical, and a fully fenced yard, ensuring both comfort and peace of mind for future occupants.This well-maintained property features a 3-bedroom, 2-full

    Nasreen Akhtar Howard Hanna WNY Inc.

    Section Image
  • 5714 Buffalo Ave, Niagara Falls, NY 14304

    $229,900

    • 6 Beds
    • 3 Baths
    • 2,535 Sq Ft
    • 5714 Buffalo Ave
    • Niagara Falls, NY

    A 2-unit home on Buffalo Ave right near the Niagara River. Includes 3 lots total, one of which is the vacant corner lot and other is the 3 car garage with access from the street to the north. Both are 3 bedrooms. Lower has new deck, furnace 2018, relined chimney, corian tub surrounds, kitchen 2013, all updated about 10 years ago. Laundry in the upper, furnace in attic 2017, huge living and dining

    Shannon McNichol Nichol City Realty

    Section Image

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1591472

Western New York Real Estate Information Services (WNYREIS)